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Showing 81 - 90 of 2175 results for "Financial Year"

Cbus calls for tax reform on TPD payouts in pre-Budget submission

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... web of rules and can pay up to 22% tax on claims. The average Cbus TPD claim was sitting at around $103,000 last financial year. Cbus chief executive Kristian Fok said removing tax on all TPD claims, not just those paid after age 60, would make the system ...

Strategic simplification lifts ClearView's profits

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
ClearView has reported a 77% increase in underlying NPAT of $22.1 million in the first half of the financial year, citing "disciplined strategic simplification and transformation" as the driver of the growth. Underlying NPAT for the life insurance business ...

L1 Group realises $24m of $35m merger cost synergies

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
... Platinum Asset Management in October formed the new entity; it expects additional $10 million in synergies in the next financial year. It reported a rise in total funds under management (FUM) to $17.6 billion across its strategies as at December 2025 ...

Iress sticks to simplification plan, will consider "bona fide" takeover bids

RIDDHIMA TALWANI  |  WEDNESDAY, 25 FEB 2026
... bona fide takeover proposals consistent with its fiduciary duties. It has reported a profit of $79.3 million in financial year 2025, a decline of 10.6% from the previous year. Iress chief executive and managing director Andrew Russell said: "We have ...

UniSuper faces fresh greenwashing allegation

JAMIE WILLIAMSON  |  MONDAY, 23 FEB 2026
... it's because they're underweight resources, energy and materials, and overweight technology. So far, this financial year the GEO option has returned 1.86%. Over 10 years to January end, it's returned 8.63%. The option, which holds about $1.4 ...

OneVue adviser exits dents Praemium's FUA

KARREN VERGARA  |  MONDAY, 23 FEB 2026
... reported a total of $70.5 billion in funds under administration (FUA), up nearly 14%, in the first half of the 2026 financial year with net inflows coming to $1 billion. Scope+, the non-custodial portfolio administration offering, saw FUA grow 19% on ...

SMSFs avoid advisers due to lack of asset-specific support

MATTHEW WAI  |  FRIDAY, 20 FEB 2026
The lack of asset-specific advice is increasing the advice gap for SMSFs in Australia, an expert said at the SMSF Association (SMSFA) Conference. During a panel discussion, Easy Super director Natalia Clack said she understood that financial advisers ...

HUB24 posts record HY inflows, advisers on platform jump by 8%

RIDDHIMA TALWANI  |  THURSDAY, 19 FEB 2026
HUB24 has reported a profit of $59.7 million in the first half of the financial year, up 80% from the previous year, and more than $10 billion in net inflows. It will pay a fully franked interim dividend of 36 cents per share for the period, doubling ...

Praemium ramps up digitisation, cuts headcount by 28%

KARREN VERGARA  |  TUESDAY, 17 FEB 2026
... run rate basis by around $9 million from before the acquisition. The savings Praemium expects to make in the 2026 financial year will be offset by redundancy costs of about $3.3 million.

ASIC cancels AFSL of Qld securities dealer

MATTHEW WAI  |  MONDAY, 16 FEB 2026
ASIC has cancelled the Australian financial services licence (AFSL) of Pulse Markets, a wholly owned subsidiary of BIR Financial, for providing incompetent financial services, including inadequate supervision of its corporate authorised representatives ...