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Showing 711 - 720 of 6744 results for "Profit"

Income matters in 2023: Talaria

CHLOE WALKER  |  WEDNESDAY, 18 JAN 2023
The importance of income in investment portfolios as a proportion of overall returns will be magnified as we head into 2023, according to Talaria Asset Management. The firm's co-chief investment officer Hugh Selby-Smith said that global markets are ...

73% of chief executives predict global economic decline: PwC

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
A PwC survey shows that 73% of chief executives predict global economic decline in 2023, the most pessimistic outlook in over a decade. Moreover, according to the PwC Global CEO Survey, nearly 40% of chief executives think their organisations won't ...

Future looking bright for advice: Survey

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... survey by the asset manager of 740 firms globally. The study looked at revenue growth, client retention, employee retention, profit margin and revenue per adviser. According to the survey, high-performing advice firms in Australia and New Zealand made ...

Business leaders optimistic in face of inflation

CHLOE WALKER  |  WEDNESDAY, 11 JAN 2023
While most Australian mid-size businesses are grappling with the challenges driven by inflation, nearly six in 10 feel confident about the global and national economy, according to a recent survey conducted by J.P. Morgan. The second annual Australia ...

Don't call it a comeback: APRA on IDII

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... a reduction in their value. This downward revaluation of liabilities makes a positive contribution to an insurer's profit." Bonds held by insurers will also be impacted as they are also discounted at a higher rate, leading to a reduction in their ...

Former fund manager employee permanently banned

CHLOE WALKER  |  MONDAY, 9 JAN 2023
Former Eight Investment Partners fund manager Andrew Jung-Woo Kim has been permanently banned by ASIC after being found to engage in dishonest conduct. Kim worked for Eight Investment Partners (Eight IP) on various dates between August 2018 to August ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... the advice provided by Scholz "formed part of the continuous and systemic business operations by which Mr Scholz derived profit". The conduct occurred between March 2020 and November 2021, during which time Scholz positive Instagram stories about particular ...

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
Westpac has reached a $29.95 million settlement in a class action relating to the bank's subsidiaries, BT Funds Management Limited and Westpac Life Insurance Services Limited. Tens of thousands of Australians may receive compensation following the ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... However, fees are only part of the picture, she said. "There has been downward pressure on fees for some time, led by the profit-to-member funds which return profit to members and do not pay external shareholders," Scheerlink stated. But "low fees aren't ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... TWUSUPER chair Nick Sherry said the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds. "Mine Super and TWUSUPER share the vision of creating a sustainable fund which protects and ...