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Showing 71 - 80 of 8078 results for "Wealth"

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... tax (UPAT) reached $98.2 million, 46% higher than the prior corresponding period because of the acquisition and higher wealth management earnings. Operating revenue for the half year was $657.8 million, an increase of 69% on 1H23, thanks to Pendal Group's ...

HNWI collecting activity stoops: Knight Frank

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
... and last season started with some notable sales, including a record for a work by Bronzino," Duthy said. The Knight Frank wealth sizing model indicated that Australia had a 2.9% increase in its ultra-high-net-worth (UHNW) population between 2022 to 2023. ...

UniSuper creates lead governance, compliance role

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... head of SMSF investment solutions at Eviser. Before joining Morningstar, Bradley spent over five years as a consultant to wealth management and institutional businesses. As for non-executive roles, Bradley sits on the board of CIMA Society of Australia ...

GBST upgrades WealthConnect platform

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... further development to fully harness its capabilities, adding ongoing investment and innovation were key. As such, the wealth management administrator said this upgrade will equip users with multi-entity scenario modelling, offering increased flexibility ...

US family office launches Australian arm

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... business models that became unable to meet the needs of ultra-high-net-worth families. "This resulted in a generational wealth transition away from traditional banks into privately formed family office structures," Nathanial said. "We think this is the ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... scale. I am confident, our pipeline of strategic initiatives will deliver future growth as we continue to build our powerful wealth platform."

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... additional capital at high returns in the future. "Owning only one of these companies - and simply sitting tight - can deliver wealth almost beyond measure. Even heirs to such a holding - ugh! - sometimes live a lifetime of leisure," he said. "We also ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... Iress chief executive Marcus Price said the divestment is in line with its strategy of refocusing on core businesses of wealth, trading and market data, and superannuation. Iress is on track to divest its mortgages business in the UK. "This transaction ...

Five megatrends shaping financial services: McCrindle

CHLOE WALKER  |  FRIDAY, 23 FEB 2024
... McCrindle referred to as the "grandparent economy". "The baby boomers and builder generations are the high watermarks of wealth attainment in our nation," he said. "Advisers need to focus on these generations because they are at the life stage where ...

How will Division 296 Tax impact farmers?

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... Angus Taylor slammed the proposed doubling of superannuation tax to 30%, saying it is a blatant attack on Australians' wealth.