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FINANCIAL RESULTS
Funds management
Challenger repositioned its investment portfolio during the pandemic which included holding higher levels of cash and liquid assets and enhanced its business risk setting...
Financial planning
A better than expected rebound in the Australian and New Zealand economies has helped drive up NAB’s cash earnings to $3.343 billion for the first half of 2021. ...
Funds management
Australian Ethical has announced its funds under management has reached over $5 billion during the first half of FY21....
Financial planning
The firm’s ‘clean’ sustainable financial advice model and its client-centric accounting and advice helped improve profitability for the first half of FY2021. ...
Financial planning
ANZ has announced a 54% rise in unaudited cash profit from continuing operations to $1.81 billion while its unaudited statutory profit after tax for Q1 stood at $1.62 bil...
Funds management
Netwealth’s funds under administration reached $40.7 billion as of mid-February and the board has declared a fully franked dividend of 9.06 cents per share. ...
Financial planning
Suncorp has reported a 23.7% drop in group net profit after tax during the first half of 2021 despite higher cash earnings. ...
Financial planning
Countplus’ net profit after tax has grown to $5.95 million for the 2020 financial year thanks to the firm’s deliberate operational focus and a discipline approach. ...
Funds management
Fiducian Group has reported a $600 million increase in funds under management, advice and administration while revenue was up 11% counting year-on-year. ...
Funds management
OneVue managing director, Connie Mckeage has remained upbeat about the company’s potential despite its Sargon transaction resulting in a $27.089 million loss....
Policy & Regulation
The exit of the big banks and the consequent net outflows from the big institutional platforms is playing to the strengths of specialist platform providers....
Funds management
Solid performance from all divisions has seen Bell Financial Group post a strong full-year result....
Financial planning
Count Financial may have fewer advisers and fewer planning firms than in its halcyon days, but it has swelled the bottom line of CountPlus....
Financial planning
Australian platform provider, Praemium has reported a positive momentum during H1 2019, underpinned by a significant 122% growth in net profit after tax....
Financial planning
HUB24 has posted record first half net inflows of $2.5 billion thanks to both new and existing adviser relationships....
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MARKET INSIGHTS
Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....