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Showing 761 - 770 of 6778 results for "Profit"

Fortnum launches new adviser support service

CASSANDRA BALDINI  |  TUESDAY, 22 NOV 2022
Fortnum Private Wealth has launched a Business Optimisation Service (BOS) to help advisers improve the quality, profitability, and capital value of their businesses. The BOS program is currently being rolled out across Fortnum's network of over 90 practices ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
TelstraSuper investment chief Graeme Miller says exposure to industrial property delivered bumper returns for the superannuation fund as the boom in online shopping drove up values. The unlisted property sector makes up about 11% of the super fund's ...

Former Courtenay House director pleads guilty

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... invest in a US Election Special Trade which offered a 15% return with 20% risk. Investors received weekly emails advising profit has been made, however the money was put towards the scheme. Iervasi also pleaded guilty to one charge of carrying on an ...

SMSF growth slows, allocations shift

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... Rainmaker Information analysis shows. However, the research shows the sector is growing at about half the rate of the not-for-profit super segment. In the five years ending March 2022, their total assets had grown only 5.4% per annum, while NFP funds ...

AFA posts $273,135 operational loss

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
The Association of Financial Advisers (AFA) has reported an operating loss of $273,135, an improvement of $94,655 from last year's result, as it gears up for the vote on its proposed merger with the Financial Planning Association of Australia (FPA). ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... million turnaround in credit impairment charges and the loss of earnings as it exited businesses. It said statutory net profit is up 4% to $5.69 billion and reported its fully franked final dividend at 64 cents per share. Westpac chief executive Peter ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
Pendal Group's underlying profit after tax grew 17% to $194.2 million in the 2022 financial year. Statutory net profit after tax was down 32% to $112.8 million, impacted by mark-to-market movements on seed investments. Underlying earnings per share ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... Australian Retirement Trust, Australian Catholic and Superannuation Fund, MLC, Telstra Super and Mine Super. Meanwhile, not-for-profit funds outperformed retail funds too, with the former returning -5.6% for the 12 months to September end, versus the ...

Koda Capital, Redwood merge

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
Koda Capital (Koda) is expanding into the Perth market through a merger with Redwood Wealth Alliance. In bringing the two businesses together, Redwood will become part of the broader Koda professional partnership. Some Redwood staff will hold equity ...

Perceived complexity hinders ag allocations

CHLOE WALKER  |  FRIDAY, 14 OCT 2022
While it's one of the oldest asset classes in the book, most Australian investors remain underweight in allocating towards agriculture, according to iPartners director of capital markets Toby Harpham. Hosting a panel of experts at the iPartners ...