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Showing 691 - 700 of 4552 results for "Holding"

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... welcomed the introduction of the CSLR and FAR laws, saying the new measures are critical for safeguarding consumers and holding financial institutions accountable for their actions. "When you have lost money due to poor advice or misconduct, you should ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
Women-led MySuper products have outperformed on average by a consistent 0.3% per annum over three, five and 10 years, new analysis shows. Rainmaker Information looked at the performance of 18 women-led MySuper products, being those with women in senior ...

TIP Group to acquire advice firm

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
Teaminvest Private Group (TIP) has announced its plan to acquire financial advice firm Enva Group for up to $2.5 million. It explained the boutique financial adviser has approximately $400 million of funds under advice (FUA) and will add strategic value ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
A Sydney-based Islamic financial services firm has launched Meezan Invest to improve access to Sharia-compliant portfolios. The low-cost option will remove obstacles to ethical investing while revolutionising the way the Islamic community in Australia ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
Challenging markets saw most ultra-high-net-worth individuals' (UHNWI) wealth decline last year, with their collective wealth globally falling by 10% or $14.9 trillion, according to Knight Frank's 2023 Wealth Report. The report, now in its 17th ...

Gurner Group welcomes first investment chief

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
... banking, Australia. He has also spent time at Deutsche Bank, Merrill Lynch and Dubai-based real estate developer Meraas Holding. Commenting on his appointment, Bharara said: "I am looking forward to working with an outstanding and diverse team who are ...

The traditional CFO is no more: Study

CHLOE WALKER  |  WEDNESDAY, 1 MAR 2023
... Respondents also identified the ability to respond and integrate new and emerging technologies as the single greatest issue holding their organisation back. These technologies are perceived to be key in creating or maintaining a competitive advantage ...

LIC hunts for investment manager

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
A specialised listed investment company is looking for a new fund manager as it overhauls its investment mandate. Hygrovest (HGV), a listed investment company that largely invests in Australian and global cannabis-related businesses, wants to diversify ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
Setting a precedent, the corporate watchdog has taken Mercer Superannuation Australia to court for alleged greenwashing conduct. Mercer marketed the Sustainable Plus options, available in the Mercer Super Trust (MST), as suitable for members who "are ...

Praemium sees record earnings jump

CHLOE WALKER  |  MONDAY, 27 FEB 2023
Praemium recorded a 52% uplift in EBITDA, with chief executive Anthony Wamsteker saying it's reflective of strategic decisions paying off. Praemium reported a statutory net profit after tax of $9.1 million and a record EBITDA of $11.4 million - ...