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Showing 51 - 60 of 1989 results for "Generate"

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... and government, it's important for the community to understand that the majority of financial firm members do not generate any complaints," he said. Nevertheless, he noted that the rise in complaints during the last financial year highlights the ...

Uniseed partners with major Aussie universities

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
Uniseed has joined forces with major Australian universities, doubling the number of research partners in the fund. Monash University has joined Uniseed as its full partner, along with the University of Newcastle, University of Technology Sydney, Western ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
In its full-year 2023 results, ANZ declared a cash profit of $7.4 billion, up 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially ...

Centrepoint Alliance acquires Financial Advice Matters

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
Centrepoint Alliance has entered into a binding agreement to purchase 100% of Brisbane-based financial advice firm Financial Advice Matters Group (FAM). Centrepoint Alliance said the transaction, subject to the fulfilment of closing conditions, should ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
Equity Trustees has given notice that it intends to wind up the trust that underlies the collapsed Australian Corporate Bond Company (ACBC), requesting Cboe Australia allow it to delist its exchange-traded bond (XTB) products. Cboe has agreed in principle ...

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... Sharia-compliant Sukuk investments from the Bloomberg Global Aggregate USD Sukuk index. Distinct from traditional bonds that generate yield through debt interest, Sukuk are asset-backed financial certificates. Their value appreciates based on the growth ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... receive fortnightly payments from their cash bucket, while their growth bucket remains invested in assets designed to generate long-term returns. Before the age of 75 drawdowns are higher than the legislated minimum amount, at 6% of the member's account ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Clime Investment Management is recalibrating to become a full-service private wealth business, anticipating a rise in advisory fee revenues as it contends with a decline in funds under management (FUM). Last week, the ASX-listed wealth company reported ...

Stockspot launches two options

KARREN VERGARA  |  FRIDAY, 27 OCT 2023
Robo-adviser Stockspot has launched two investment options that aim to protect investors from soaring inflation and generate higher levels of income respectively. The Topaz Inflation portfolio invests exchange-traded funds cover a range of countries ...