NET PROFIT

Financial planning

IOOF has announced it will not be provisioning beyond the $223 million for advice remediation it announced in August last year....

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Financial planning

National Australia Bank has revealed it is expecting to have to provide further provisioning around client remediation for adviser service fees for self-employed advisers...

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Financial planning

The Commonwealth Bank has targeted late 2019 for completing the demerger of its wealth assets after reporting a solid September quarter....

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Financial planning

Perpetual has reported a three per cent growth in its net profit after tax for the six months, with an interim dividend of 135 cents per share....

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Funds management

Disciplined investing and global equities have driven Perpetual Equity Investment’s net profit up to $31.8 million for the year ending June 30....

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Financial planning

IOOF chief executive, Christopher Kelaher has attributed a strong full-year result to the company’s advice-led strategy....

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Financial planning

Class has posted a 71 per cent increase in net profit after tax thanks to an increase in billable portfolios....

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News

The Commonwealth Bank has posted a record $9.2 billion profit but its wealth businesses have turned in mixed results with funds management up but life insurance down....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago