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Showing 751 - 760 of 3360 results for "Frank"

Countplus profit hit by end of loyalty payments

MARK SMITH  |  THURSDAY, 27 AUG 2015
Countplus has seen its after-tax profit fall 12.2% as loyalty payments paid by Commonwealth Bank ended. Net financial planning revenue was down 15.9% due to payments to 16 member firm franchisees expiring. Excluding the impact of these payments and ...

Folkestone builds on strong foundations

MARK SMITH  |  THURSDAY, 27 AUG 2015
Real estate investment manager Folkestone has more than doubled its profit in the 12 months to 30 June. Net profit after tax stood at $7 million, up 122.6% on the same period last year. Earnings per share of 1.1 cents were up 57.1% on FY14 and funds ...

Kinetic Super appoints acting chief

ALEX BURKE  |  WEDNESDAY, 26 AUG 2015
... forward to working with her closely to ensure a smooth transition to the new leadership team," said Kinetic Super chair Frank Gullone. He added, "Ms Thomas' extensive background in superannuation and executive leadership is particularly impressive. She ...

Centrepoint's wealth business up 10pc

DARREN SNYDER  |  MONDAY, 24 AUG 2015
Centrepoint Alliance's wealth business recorded an underlying pre-tax profit of $7.1 million for the last financial year, up 10% on the year prior. Announcing its full-year results to the Australian Securities Exchange (ASX) on Friday, Centrepoint also ...

Hedge funds face brain drain

LAURA MILLAN, MARK SMITH  |  MONDAY, 24 AUG 2015
... CalPERS was among the first to enter the space, and the first to leave it in September 2014. At the same time, the Dodd-Frank reforms in the United States and the European Alternative Investment Fund Managers Directive have heightened the regulatory ...

Kinetic Super chief executive steps down

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
... chapter in her career and the board decided it was time to move forward under a new leadership," Kinetic Super chairman Frank Gullone said. "During her time at Kinetic Super, Bolton led the Fund through a number of strategic initiatives, including a ...

ASX records $400m profit

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
The Australian Securities Exchange (ASX) recorded more than $176 million in revenue from listings and issuer services over the last financial year as it continued to expand its " investment supermarket ". Announcing a full-year after tax profit of $398 ...

AMP half-year profit up 33%

ALEX BURKE  |  THURSDAY, 20 AUG 2015
AMP has released its half-year results for 2015, revealing a net profit of $507 million, up 33% on the previous corresponding period. Wealth management - including advice, platform administration, unit linked superannuation, retirement income and investment ...

Challenger's $300m profit and new product

DARREN SNYDER  |  TUESDAY, 18 AUG 2015
On top of announcing its $300 million profit for the last financial year, Challenger has launched a new product aiming to provide financial certainty for retirees in aged care. Releasing Challenger's full year results today, chief executive Brian Benari ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
Commonwealth Bank recorded a $9.1 billion cash profit in the last financial year with its wealth management arm the only division to see a profit drop. The bank's total cash profit was a 5.3% increase on the previous year yet its wealth management profits ...