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FINANCIAL RESULTS
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....
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....
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...