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Showing 761 - 770 of 6210 results for "SIX"

Unindexed cap forecast to impact 500k people

CASSANDRA BALDINI  |  FRIDAY, 3 MAR 2023
... under 30, while 135,541 will be between 30 and 34 and 65,126 will be between 35 and 39. "500,000 impacted Australians is over six times the current Government estimates, which only takes into account balances that are currently over $3 million," said ...

HESTA investment committee chair to depart

CASSANDRA BALDINI  |  TUESDAY, 28 FEB 2023
... investment committee chair and independent director Mark Burgess will step down from the board at the end of June following six years in the role. As his term comes to an end, the fund's chief executive Debby Blakey said Burgess oversaw a period of significant ...

Openmarkets secures chief financial officer

CASSANDRA BALDINI  |  TUESDAY, 28 FEB 2023
... in US listed markets and international financial management expertise will be critical to the business' growth. "The past six months have seen Openmarkets embark on the next chapter of our growth, with our business doubling down on expanding our fintech ...

Praemium sees record earnings jump

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... expansion and discipline on costs, has delivered a step change improvement in operating leverage," he said. Having just extended a six-year partnership with its largest client, Escala Partners, Praemium said it is looking forward to delivering platform ...

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... more M&A activity. Clime's NPAT has slid to $236,000 from $445,000 in its half-year results. Clime explained results for the six months to December 2022 period came in lower due to planned integration costs of recent strategic acquisitions but believed ...

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... range increase by 11% year on year to $290.9 million. Underlying net profit after tax jumped 46% to $19.4 million. The last six months saw gross life insurance premium income increase by 8% and new business rise by 9%. "Off the back of material industry ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... grow this business," he said. As part of its simplification plans, the group will reduce the number of platforms running from six to one to two, one of which will be the Evolve platform. Insignia ended the year with 1525 advisers, a net loss of 240 advisers ...

Perpetual profits halve post-Pendal deal

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
Perpetual has reported a slump in its net profit after tax (NPAT), which now sits at $26.8 million for the six months through to December 31, down from $59.3 million the prior year. It explained FY23 NPAT includes significant items relating to the transaction ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... chief executive Renato Mota said. Against that same backdrop, Insignia's FUMA dropped $5.5 billion to $285.1 billion in the six months to December end. However, net flows in the platforms business went up by almost $1 billion, while those in the asset ...

Equity Trustees records solid 1H23 result

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... Australia and Octopus Australia. It currently has about 40 funds in the pipeline too, with expected launching in the next six months. Superannuation Trustee Services had revenues of $11.3 million. It also saw a 4.2% increase in super members owing to ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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