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

Search Results

Showing 1 - 10 of 12 results for "FTE"

Praemium progresses automation, finalises local job cuts

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
... recent job cuts, the group had about 370 staff members based here and overseas. The cuts affected some 50 full-time equivalent (FTE) staff in Australia. The Armenian operation has about 50 FTE staff. The acquisition of Technotia made Praemium's acceleration ...

Praemium ramps up digitisation, cuts headcount by 28%

KARREN VERGARA  |  TUESDAY, 17 FEB 2026
... reduce headcount by around 15% and direct staff salaries by around $9 million." This will affect about 50 full-time equivalent (FTE) staff based in Australia. Staff in the Armenian business, Praemium RA LLC, have been made aware of the changes, Praemium ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... doing more with less as increased efficiencies are helping drive profitability. Two years ago, the average full-time employee (FTE) per practice was 6.8. They currently employ 5.6 FTE. The number of serviced clients per adviser on average marginally ...

ETF Securities taps into fintech, blockchain

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
The exchange traded fund (ETF) provider launched a fund which not only gives investors access to a portfolio of blockchain and fintech stocks, but is also the first passive ETF on the Chi-X. The ETFS Fintech & Blockchain ETF (FTEC) invests in a portfolio ...

Centrepoint Alliance posts $1.6m NPAT

KANIKA SOOD  |  FRIDAY, 26 FEB 2021
... statutory expenses by about 10% or $1.4 million (excluding Enzumo). This included a drop of about 17 full-time employees (107.5 FTE now), $300,000 lower travel and marketing spend in COVID-19 restrictions, and $400,000 lower audit and consulting costs. ...

GAM cuts jobs, reviews pay

JAMIE WILLIAMSON  |  WEDNESDAY, 15 APR 2020
GAM Investments has announced it is accelerating its efficiency program, confirming it has completed a round of voluntary redundancies while another is ongoing. It is also reviewing remuneration arrangements across the group. Earlier this year GAM announced ...

GAM profits fall 92%, management team overhauled

JAMIE WILLIAMSON  |  FRIDAY, 21 FEB 2020
GAM has reported an underlying full-year profit before taxes of just $16 million, announcing an overhaul of its group management team after what was a tumultuous year for the beleaguered Swiss manager. Announcing its full-year 2019 results overnight ...

QMV kicks off legal practice, appoints lead

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
... trustees with a commercially viable option to deliver timely expertise to regulatory change without the need for an internal FTE [full-time equivalent]," he said. Vaughan said the firm is looking at a subscription-based model for QMV Legal. This will ...

Pension funds must recognise stewardship licence: WTW

DARREN SNYDER  |  TUESDAY, 1 MAY 2018
There's an investment management view that too little is being spent globally on asset owner stewardship. An expert in the area says the world's largest pension and sovereign wealth funds must see corporate sustainability from the viewpoint that it's ...

ING investment in digital to see 5800 job cuts

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
... 950 positions employed by external suppliers." While not final, the intended initiatives will see 3500 full time equivalent (FTE) employees lose their jobs in Belgium and a further 2300 FTE's in the Netherlands between 2016 and 2021. The cuts include ...
PAGE:
1
PREVIOUS
NEXT