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Showing 681 - 690 of 2183 results for "Financial Year"

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
In a win for ASIC this morning, Dover Financial Advisers and its founder Terry McMaster have been ordered to pay over $1.4 million in penalties by the Federal Court of Australia. Justice O'Bryan imposed a $1.2 million penalty on the defunct financial ...

Venture capital firm in data breach

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
... Sequoia a private equity mandate to help manage the venture and growth portfolio during the course of the 2020 financial year. The sovereign wealth fund has been briefed on the matter, a spokesperson confirmed, adding there is "no cause for concern ...

Centrepoint Alliance posts $1.6m NPAT

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
... ceased. "We are proud to deliver continued improvements in revenue and profitability in the first half of this financial year," Centrepoint Alliance chief executive Angus Benbow said. "The three-year strategic transformation that we commenced during ...

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
... Friends of the Earth Scotland reveals UK local government pensions held $14 billion in fossil fuel investments last financial year. The analysis said it equates to about $2500 invested in fossil fuels for each of the 6.8 million people depending on local ...

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 ...