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Showing 921 - 930 of 5658 results for "EARN"

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
A class action has been filed against QSuper, claiming it overcharged about 140,000 members for life insurance policies by charging almost all members the same despite differing occupations. Shine Lawyers has filed the action in the Federal Court against ...

Easton to rebrand, seeks to scale

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
Easton Investments is proposing to rebrand as it looks to "major opportunities" next year in a bid to scale. The ASX-listed firm plans to change its name from Easton Investments to Diverger as the former "no longer reflects the activities, strategic ...

Sequoia buys general insurance book

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
The ASX-listed wealth group is expanding its offering, obtaining a new general insurance AFSL and acquiring the customer book of a brokerage firm. Sequoia Financial Group has acquired the customer book of Tag Insurance Brokers, its associated business ...

CountPlus reappoints chief executive

CHLOE WALKER  |  WEDNESDAY, 17 NOV 2021
CountPlus Limited has announced the reappointment of Matthew Rowe as chief executive and managing director The announcement was made yesterday at the annual general meeting of CountPlus Limited (CountPlus) shareholders, where chair Ray Kellerman confirmed ...

Brokers warn of looming disaster

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
The Finance Brokers Association of Australia (FBAA) has issued a dire warning, claiming Australian borrowers could not afford to pay 1% more on their mortgages or rent. The FBAA commissioned a survey, conducted by research firm McCrindle, to assess ...

ASIC issues warning to finfluencer sponsors

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
... Directors. There is also the risk that an unlicensed finfluencer may breach general advice provisions. Many finfluencers earn remuneration from multiple sources simultaneously, and income from content clicks or views, which could give rise to conflicts ...

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
National Australia Bank recorded a 76.85% increase in cash earnings to $6.56 billion in its full-year results and outlined a new oil and gas policy. The big four bank also report a statutory net profit of $6.36 billion, up from $2.50 billion in 2020. ...

AMP continues to lose ESG investors

KARREN VERGARA  |  MONDAY, 8 NOV 2021
AMP Capital continues to buck the booming sustainable investment trend, suffering outflows for the fifth consecutive quarter. According to a new Morningstar note, AMP lost $69 million over the September quarter thanks to corporate issues at parent company ...

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
Pendal reported a 41.5% jump in net profit after tax to $164.7 million in the year ending September, making up for the losses in its previous results. The funds management firm also recorded a 34.6% spike in revenue to $627.4 million and average funds ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... Walters. Hala allegedly told investors that he can help them invest their SMSFs and then loan that money to A One Multi and earn annual investment returns of over 20%. ASIC claims that between 1 January 2019 to 30 June 2021, more than 60 consumers deposited ...