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Showing 631 - 640 of 2711 results for "Agreement"

IOOF posts $143.5m loss for FY21

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
IOOF reported an underlying net loss after tax of $143.5 million for FY21, as it cleans out legacy arrangements and integrates recent acquisitions. Revenue for the year was $769.9 million (up 31%), of which $69.1 million came from MLC and $700.8 million ...

HUB24 profits, inflows rise

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
HUB24 recorded significant growth in its underlying net profit as inflows continued to rise following the acquisition of Xplore Wealth and Ord Minnett's Portfolio Administration and Reporting Service (PARS). In its full-year results, HUB24 reported ...

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
... planners by video conference." ACSRF is currently working towards a merger with NGS, with a view to signing a Heads of Agreement shortly. If confirmed, the funds will look to merge early next year.

ASX 200 doubles down on net zero

ANNABELLE DICKSON  |  MONDAY, 23 AUG 2021
Nearly half of the market capitalisation of the ASX 200 have made net zero commitments for 2050 or earlier, according to the Australian Council of Superannuation Investors (ACSI). ACSI's latest report, Promises, Pathways and Performance, showed 49 companies ...

Wage growth remains low

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
The June quarter saw wages rise a measly 0.4%, lower than the growth of the previous two quarters. "The June quarter saw the rate of growth in hourly earnings ease to 0.4%, following two quarters of 0.6% wage growth. The rate of growth over the quarter ...

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
Two industry super funds have signed an agreement to explore a merger following a short period of discussion. Hostplus and Statewide Super have signed a Heads of Agreement, with a note on the former's website dated last week confirming the "important ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... made," the firms said. This is still within the $300 million limit that CBA foreshadowed when CountPlus entered into an agreement to buy the bank's aligned advice business. The year to June 30 saw CBA's net profit after tax grow almost 20% to ...

How wealthy families protect assets no matter what

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... the law. To illustrate this issue, he provided the example of golfer Tiger Woods' divorce. Woods had a prenuptial agreement in the state of Florida, but his ex-wife was able to successfully argue during divorce proceedings that they were residents ...

EQT ups bid for Iress

ANNABELLE DICKSON  |  WEDNESDAY, 11 AUG 2021
... no further dividends being paid other than the interim dividend, negotiation and execution of the scheme implantation agreement and approval by regulatory bodies. "There is no certainty that the proposal will result in an offer capable of acceptance ...

BT Panorama down for a week

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
... were compounded by BT's fee consent system: "Their whole fee consent process required us to cancel the existing fee agreement before we could prepare the documentation for a new one and that was all scheduled for the first week of the month in order ...