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Showing 821 - 830 of 6744 results for "Profit"

Managed accounts drive profit, revenue surge

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
Financial advice firms using managed accounts for the last three years have seen almost 80% more profit per owner than those without, new research shows. Latest insights from Praemium and Business Health show practices using managed accounts achieved ...

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Macquarie Group has posted a $A4.7 billion net profit for the year ended 31 March 2022, up 56% from the prior year. This strong result was carried by impressive performances across all the companies operating groups. Items within the banking group that ...

TWUSUPER chair retires after two decades

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... Nick Sherry will be warmly appreciated by our directors and members." In addition to TWUSUPER, Sherry is chair of not-for-profit Youth, Family and Community Connections, Household Capital and GoSourcing. During his parliamentary career, he also served ...

AIST adds to executive leadership

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
... finance and corporate services Konstantopoulos has more than 20 years of experience in the public, private and not-for-profit sectors in finance, information technology, people and culture, strategy, marketing, stakeholder engagement, communication and ...

Aussies place 17th for crypto profits

CHLOE WALKER  |  FRIDAY, 22 APR 2022
Australian investors realised gains just over US$2.1 billion last year, according to Chainalysis' latest report. Driven by transaction and web traffic data, crypto platform Chainalysis saw a $162.7billion gain in crypto across the world in 2021, compared ...

Challenger expects to reach full-year profit guidance

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
Despite a dip in funds under management (FUM), Challenger expects to be toward the upper end of its full-year profit guidance range. Challenger reported its FUM as being $100 billion, down 8% for the quarter. The company said this fall reflected the ...

Westpac giving away BT super business

ELIZABETH MCARTHUR  |  FRIDAY, 22 APR 2022
... includes the six longstanding matters filed by ASIC in November 2021. Overall, Westpac expects a first half net reduction in profit and cash earnings of $6 million. The bank had a gain from the sale of Westpac Life NZ of $119 million and gains of a further ...

Pension fund pushes for independent chair at Berkshire Hathaway

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... governance best practice. The shareholder proposal was put forward by the National Legal and Policy Center (NLPC), a non-profit organisation. NLPC believes the roles of chief executive and chair are "greatly diminished" when held by the same person and ...

APRA, ASIC publish life claims and disputes data

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
APRA and ASIC have released the latest Life Insurance Claims and Disputes Statistics publication that presents key industry-level claims and dispute outcomes. The publication featured outcomes for 20 Australian life insurers writing direct business ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... ceasing, Iress has now used estimates including mortgages as the benchmark for performance. Iress reaffirmed that segment profit is expected to grow 7-10%. Underlying net profit after tax (NPAT) is expected to grow 25-37% and 2022 underlying earnings ...