EDITORIAL

A 14.2 per cent increase in FUM for the six months to December 31 last year helped Fiducian Portfolio Services post a 48 per cent increase in first-half net profit over 2...

Tower Australia has posted a full-year profit figure for the year ended September 30, 2006, of NZ$48.7 million, which represents an increase of 45 per cent on the 2005 re...

Westpac’s wealth management business represented a key driver for its record $3.071 billion profit announced today....

A 5 per cent increase in first quarter funds under management by Perpetual Investments has encouraged the group to forecast a 10 per cent increase in interim after-tax op...

Hanover’s reported NZ$105 million after tax profit for the 2005-06 financial year suggests the New Zealand-based financial institution’s increasing emphasis on the Austra...

Snowball Group has posted a net profit of $1.7 million for the year to June 30, a 213 per cent increase on its 2005 profit....

Treasury Group has posted a 14 per cent lift in profit for 2005-06, largely due to increases in fees paid by fund managers within the group....

Leading independent financial services group Fiducian has reported an 85 per cent increase in profit for 2005-06 of $3.593 million, up from $1.940 million for the previou...

Wealth management proved a key driver in a $216 million six month profit reported by Promina Group Limited today, with the company’s financial services division recording...

A net profit of $7 million by its financial planning arm, including Genesys Wealth Advisers, has helped Challenger lift its group net profit by 12.3 per cent to $134.3 mi...

Allco Finance Group, which includes the former Record Investments, has increased funds under management to $4.3 billion at the same time as announcing a net profit of $96...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 4 days ago