drop

Financial planning

Micro investing specialist, Raiz Invest, has reported a drop of 1.2 per cent in total funds under management in December....

Superannuation

Australian Ethical NPAT down

Australian Ethical has posted a three per cent drop in net profit after tax attributable to shareholders, on the back of costs associated with unit price remediation....

Life/Risk

Life/risk advisers facing 33% cashflow drop

A new analysis has suggested life/risk advisers are facing an almost immediate 33 per cent reduction in cashflow when the new Life Insurance Framework is activated on 1 J...

Funds management

WAM Active’s operating profit down

WAM Active Limited saw a drop in its half year operating profit due to a change in value of the investment portfolio....

Accounting

Cost increase to repel SMSFs

There could be a drastic drop in the number of SMSFs over the next couple of years in light of the scrapping of the accountants’ exemption as costs increase for members....

Superannuation

SMSFs move towards non-aligned platforms

Institutional platforms, excluding BT, have seen their share of SMSF platform assets drop from 47 per cent to 40 per cent, according to Class....

News

GBST reports earnings drop amid challenges

Financial services technology firm, GBST, reported a drop in EBITDA, total revenue and other income, net profit after tax and adjusted NPAT following project delays and r...