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Showing 781 - 790 of 6247 results for "December 2012"

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
The Quality of Advice Review's final report (QAR) does not "trash" or go against the Future of Financial Advice (FoFA) reforms, says Association of Financial Advisers (AFA) chief executive Philip Anderson. Labeling QAR "the most important review of ...

Centuria adds to glasshouse portfolio

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
Centuria Capital Group has secured a 20-hectare tomato glasshouse facility in New South Wales on behalf of its agriculture fund from an unnamed family office. The transaction is CAF's third off-market glasshouse acquisition in just over six months ...

Allan Gray transfers platform, exits super

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2023
Allan Gray Australia is exiting the platform market, inclusive of its superannuation offering, to focus on its core funds management business. Effective April, Allan Gray will transfer the Allan Gray Solutions platform to OneVue Wealth Services. The ...

Stafford Capital Partners launches sustainable timber impact fund

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023
Stafford Capital Partners has reached initial close of a carbon offset and sustainable timberland impact strategy that will see investment in Australian and New Zealand assets form part of the portfolio. The Stafford Carbon Offset Opportunity Fund has ...

ASIC bans mortgage broker for eight years

KARREN VERGARA  |  MONDAY, 27 FEB 2023
An unlicensed mortgage broker who misled superannuation fund members about property investing has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through ...

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
Clime Investment Management's statutory net profit after tax (NPAT) slid 47% on the back of integration costs and investors won't receive an interim dividend, as it plans for more M&A activity. Clime's NPAT has slid to $236,000 from $445,000 in its ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
Following a massive overhaul, Insignia Financial chief executive Renato Mota is confident that one of its brands will be able to meet the growing advice affordability gap. Commenting on the recent performance of the advice business, Insignia chief executive ...

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
Insignia Financial recorded a 67% increase in net profit after tax for the first half, while also seeing a drop in its funds under management and administration of $5.5 billion. Reported to the ASX today, Insignia's NPAT was $45.1 million, a significant ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
The GQ multifamily build to rent platform (GQ) owned by multi-billion-dollar developer Gurner and Qualitas have announced a further build-to-rent (BTR) capital raise with another $2 billion for future growth, following the close of their second fund ...