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Showing 631 - 640 of 2129 results for "Financial Year"

Australian Ethical continues growth trajectory

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... Ethical is highly leveraged to financial markets with volatility expected to continue into the second half of this financial year. However, we are in an enviable position with no debt, strong cashflows and positive momentum as Australians continue to ...

ATO targets SMSF fraud

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... stolen identities being used to establish 12 SMSFs worth around $2 million in super in the first six months of the financial year. Micale said it is critical for advisers to safeguard client details and alert the ATO of any breaches and thoroughly check ...

Wealth group makes acquisition

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... acquisition marks the 10 th acquisition since the company's listing in 2017 and is the third acquisition for the financial year. In December 2019, Kelly+Partners partnered with Austbrokers to set up a new partnership called Austbrokers Kelly+Partners. ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
... outlined in Macquarie's 2021 operation briefing which highlighted the group's results in the third quarter of the financial year ending 31 March 2021. MAM had assets under management (AUM) of $550.9 billion at 31 December 2020, down 1% from September ...

ASIC suspends RE licence

KARREN VERGARA  |  MONDAY, 8 FEB 2021
The corporate regulator has suspended the AFSL of a responsible entity that oversees a property and mortgage fund for breaching several compliance and reporting obligations. The licence of Queensland-based financial services provider Investors Exchange ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... 1.4 million did so twice, opting to remove further funds once the second tranche of the scheme opened in the new financial year. The average payment made was $7638. Repeat applications were for an average amount of $8268 while initial applications were ...

FPA calls for levy overhaul

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... consistent with revenue growth for advisers and the decrease in adviser numbers, which was 3100 over the 2019/20 financial year. "In three years of operation, the levy for financial planners will likely have more than doubled and there is no indication ...

Group insurance using shoddy data: Rice Warner

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
... on a default basis, according to ASIC. Members paid an estimated $4.1 billion in insurance premiums in the 2020 financial year alone. With the onset of regulatory reforms, it appears that insurers and super funds aren't able to stay on top of new legislation ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... soundness and support execution of their business plan. MLC reported $113 million in net loss after tax for the financial year ending 31 December 2019, according to most recent institution-level data published by APRA. Life insurers reported $ 1.58 billion ...

MLC Life Insurance raises $650 million

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... cancellations etc. relating to such developments," Nippon said. MLC reported $113 million in net loss after tax for the financial year ending 31 December 2019, according to most recent institution-level data published by APRA. Life insurers, as a whole ...