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Showing 701 - 710 of 6744 results for "Profit"

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... legislation doesn't cover cold calling advisers who charge up to $6000 "to roll consumers from high performing, low fee profit-to-member funds into poorer performing retail funds." "A typical experience was for a super fund member to be cold called by ...

Brighter Super welcomes chief people officer

ELIZABETH FRY  |  MONDAY, 30 JAN 2023
... chief roles in people strategy, customer/marketing, communications and risk functions in both the commercial and not-for-profit sectors in Australia, US, Canada, UK, Asia and Korea. Brighter Super chief executive Kate Farrar said Kelsall's skillset ...

Global X to launch Covered Call ETFs

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
Global X will soon roll out the local market's first fully systematic, index tracking covered call products. To be launched on the ASX, the three new strategies are intended to provide investors with income at a time when both equity and bond markets ...

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... space and a small amount of capitalised cost impairments. While the impairments will result in a reduction in statutory profit, AMP said it won't impact it underlying net profit under tax (NPAT), which remains its "preferred measure of profitability." ...

Calastone reports sharp managed fund flow declines in 2022

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
According to Calastone's Fund Flow Index, Australian investors significantly reduced their investments in managed funds in 2022. The index showed a sharp decline in inflows across all asset classes, with the biggest drop coming from fixed income funds. ...

TPB bans PwC partner over breach

CHLOE WALKER  |  MONDAY, 23 JAN 2023
... interest," Klug said. "Confidential information in these circumstances might be seen to elevate personal and commercial profit, breaching public interest, legal and ethical obligations." He added that the TPB will not tolerate practitioners who act without ...

HSBC eyes bigger slice of super pie

CHLOE WALKER  |  MONDAY, 23 JAN 2023
... chief executive Eva Scheerlinck said: "We appreciate the support provided and value added for our member funds across the profit-to-member sector by our partners, particularly by HSBC with its global reach, broad service offering and expertise in offshore ...

Sequoia FG revises profit expectations

JAMIE WILLIAMSON  |  MONDAY, 23 JAN 2023
Sequoia Financial Group has updated its profit guidance for the first half, saying several "abnormal items" will negatively impact its bottom line. In November, the group said it was expecting EBITDA in the first half of between $4 million to $5 million. ...

Salary inflation becoming S issue for ESG managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... 10% of cost base, if remuneration goes up by 10%, that takes 1% off the company's margin, which would be 25% of their profit if left unmitigated. It's obviously a concern and it's something to focus on." An uptick in safety issues and signs ...

Pre-retirees want, need financial advice: Fidelity

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
Pre-retirees are increasingly interested in receiving financial advice, according to a retirement planning study by Fidelity International. Fidelity's New Life Old Life report shows that 80% of pre-retirees currently receive advice, have received ...