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Showing 1 - 10 of 292 results for %22Business Performance Review%22

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... platform super products offered by APRA-regulated funds or a self-managed superannuation funds (SMSF). The cold calling business receives payments in return. "Many of these models fail to consider insurance policies held through the client's existing ...

Sequoia chief's job at stake in upcoming EGM

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
... Jones, and former Xplore Wealth chair Peter Brook. "The objective of this process is to focus on streamlining the current business with a focus on reviewing each of the current businesses units and strategically assessing those that are losing money ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... returns. The fund manager said its immediate priorities in the next few months is to cut costs in a bid to "right size our business" and review its products and distribution channels both here and overseas. Platinum highlighted its remuneration structure ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... solutions, to provide advisers with the tools that clients value. "An integrated digital experience, automated tax and performance reporting and access to new and sophisticated investment opportunities on a single platform are priorities for HNWIs," ...

Unlisted asset valuation flaws complicate comparison

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... information for a "reasonable assessment." He suggested that when managed effectively, the inherent fluctuations in the business cycle should balance out in a similar fashion to a portfolio of listed equities. Financial Standard is the official media ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... Buyer of Last Resort (BOLR) rules, backing AMP Financial Planning advisers who protested against the decline in their business valuations from 4x to 2.5 recurring revenue. Due to this change, businesses like Equity Financial Planners and Wealthstone ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... turnaround opportunities. They are companies that need capital for growth or need private capital to turn around the business," he said. "Over time, we think that investing in sort of the mid-cap buyout space is the way for us to compound more reliable ...

ISPT targets success with revamped leadership

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... investment officer and two group executives to oversee funds management and property. ISPT said it has restructured its business for success, adding four new roles to the leadership team. It follows a review by chief executive Chris Chapple who joined ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... line with our Supplier Code of Conduct. Our Supplier Code of Conduct sets out our expectations of behaviours and ethical business practices for our suppliers." Hostplus uses KPMG as internal auditor and PwC as independent auditor. "Hostplus is aware ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... avoid entrenching high inflation expectations by taking a perceived wage indexation approach and also the recent weak performance in productivity growth." The decision came in under the forecasted 7%, however will still add pressure to the current environment. ...
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