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FINANCIAL RESULTS
Financial planning
Centrepoint chief executive, Angus Benbow, makes no bones about the group’s desire to grow the number of planners working under its license....
Financial planning
Centrepoint Alliance’s new strategy announced last year has proved successful as the company has reported a profit turnaround for the financial year ended 30 June....
Funds management
Litigation funding firm, IMF Bentham has recorded a portfolio value increase of 68 per cent as Royal Commission boosts legal service demand....
Financial planning
Easton Investments has announced 54 per cent growth in its statutory profit and 17 per cent growth in underlying profit due to an uplift in the number of advisers....
Funds management
Fiducian Group has reported a 15 per cent growth in the underlying net profit after tax while funds under management, administration and advice grew 10 per cent....
Funds management
Centuria Capital Group has posted an operating net profit after tax of $45.7 million compared to $45.1 million last year....
Financial planning
Challenger has reported a lower statutory net profit after tax which fell by $15 million to $308 million in FY19 due to the significant disruption in the advice industry....
Financial planning
Praemium has reported a 25 per cent increase in platform funds under administration to a record $9.5 billion....
Financial planning
ClearView has announced the removal of its financial advice segment from embedded value calculations as a part of a broader resetting of its business in 2H FY19....
Financial planning
Perpetual, which has posted weaker results for 1H19, has announced its readiness to expand its focus beyond value investing and adopt a boutique-like management style....
Financial planning
IRESS has reported strong positive results for the year to 31 December 2018, and expects profits to continue on their growth trajectory in 2019....
Financial planning
Diversified financial services group, Fiducian has defied the trend by weathering recent market and Royal Commission events to post a solid increase in first-half profit....
Financial planning
AMP Limited has flagged reshaping its advice network as it reports a significant decline in full-year profit....
Financial planning
Net profit after tax for financial services technology provider, GBST, went up by 48 per cent to $3.7 million in the first half of 2019....
Funds management
Listed investment company, AMCIL Limited has reported a 42.7 per cent growth in profit in the 2019 financial year....
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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....