Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 861 - 870 of 9451 results for "Made"

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
... "inadvertent", resulting from a planned system change to CLSA's global order management system (Cobra), the MDP believes the changes made without appreciation for the global impact was a "serious oversight". "The MDP were concerned this system change ...

E&P free of legacy issues, FUA jumps 26%

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... revenue, up 8% year on year, driven by the growth in FUA and the expansion of its full-service FUA-based advice offering. It made an underlying EBITDA of $17.5 million, up 34% year on year. The group's total revenue sank 15% year on year to $150.5 ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... results are delivered and "causing confusion and potential financial harm for consumers." "Consumers and their advisers have made active and informed choices to invest in these options based on individual circumstances and objectives. This is very different ...

Pengana losses up 789% in FY24, revenues rise

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... strategies where it said investors are significantly under-weight and margins are high. "In the year, significant headway has been made in this strategic undertaking, repositioning the company to take advantage of a high-margin sector while significantly ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... board extends its heartfelt gratitude to Geoff for his dedicated service and leadership. During his time on the board, he has made a significant contribution to the growth and success of NGS Super. "His presence and wise counsel will be missed and the ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... the second pot, but a minimum of R$2000 (AU$166) is required to be withdrawn each transaction. Only one withdrawal can be made per year, and it will be taxed according to an individual's most recent income, as well as payment of any administration ...

Investment firm becomes cornerstone investor in Finexia

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... to joining the board in due course. Separately, in conjunction with a ramp up in the private credit strategy, Finexia has made the decision to divest its equities business and exclusively focus its business strategy on private credit. It said the details ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... revenues of $124.6 million, a 26% jump year on year. More than $100 million of this came from brokerage and commissions. It made $24 million in net profit after tax following a $2.6 million loss from the prior year, thanks to the sale of 80% of Morrison ...

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... on the conditions of the deal. ISPT's board has notified IFM Investors that it "has elected to support a binding offer made to ISPT and their unit holders." "The offer will be put to unitholders and shareholders of ISPT for a vote in the coming months," ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... "encouraging". "It's encouraging to see younger Australians actively planning for their retirement because even small changes made now can have a big impact down the track," Blakey said. "For many young Australians, super will be their biggest financial ...