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Showing 61 - 70 of 5198 results for "Small"

Low-margin clients hurt practice valuations

KARREN VERGARA  |  THURSDAY, 14 MAR 2024
... "Based on the above it could be expected that financial advice businesses will continue to trade at a premium to many other small businesses and other professional service firms of the same scale," Centurion said. "That said, while the industry has usually ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
The "shocking" prevalence of sexism and misogyny in the UK's financial services sector has led a government committee to recommend a raft of reforms. On International Women's Day, the UK government's Treasury Committee released Sexism in ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... Finance Industry Council of Australia collaborated with the government to introduce the reform. Lawrence pointed out that the small size of some customer-owned banks compared to their shareholder-owned counterparts makes it harder to keep up with the ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... consolidation, insurance coverage offered, and that super comparison tools exist," he wrote. Employment Hero has 150,000 small-to-medium enterprise clients employing 1.5 million. Ironically, Hostplus, which is an avid investor in start-ups and venture ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
According to the latest figures, there is now about $195 billion held in managed accounts - up $33 billion in the six months to December end. The IMAP Census of Managed Accounts FUM shows the total grew by some 20.47% in the six-month period to hit ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... its launch. The Pendal Geared Imputation Fund will cease to exist on March 26, the fund manager told investors, as its "small size means that it has high running costs and cannot be managed in a cost-efficient way". "The fund has also been in outflow ...

Female fund managers boast 1.2% alpha

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... Stevanovic, Yarra Capital Management portfolio manager and director Katie Hudson, and First Sentier Investors head of Australian small and mid-cap companies Dawn Kanelleas. The trio scored highly on the analysts' People rating, one of three assessment ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... longer-term wealth building is on the back burner. "This is completely understandable given the broader economy, but there are small shifts women can do now that can have really big returns down the track," she said. "For instance, consolidating your ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... accessing the scheme. It equates to about $106 a week, based on the present rate of PPL of $882.75. While the impact may be small, it will go some way towards closing the gender super gap. Currently, women retire with as much as 25% less in super. The ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... shadow minister for defence personnel and now replaces Stuart Robert as shadow assistant treasurer. "Luke understands that small business is the backbone of the Australian economy. He has previously run a family business before entering Parliament and ...