Praemium’s platform inflows were up 111% during the FY21 but its profit and EBITDA were down thanks to costs associated with acquiring Powerwrap....
The firm’s profit hit was notably due to credit and other impairment charges of $447 million as a result of the COVID-19 pandemic....
Fee waivers provided due to the COVID-19 pandemic, reduced transaction volumes due to the pandemic, along with increased expenses and credit impairment charges contribute...
The bank’s statutory net profit after tax and cash profit have been hurt due to credit impairment charges on the back of the COVID-19 pandemic. ...
The technology firm’s profit has taken a hit due to impacts of operating losses in acquired businesses and an increase in annual leave days following the COVID-19 pandemi...
The bank will also pay shareholders an interim dividend of 25 cents per share, fully franked, on 30 September....
Solid investment portfolio performance during the first half of FY2020 has jumped the firm’s operating profit to $70.4 million....
Westpac’s net profit dropped 16% during FY16 thanks to customer remediation and a reduction in wealth and insurance income....
Listed investment company, AMCIL Limited has reported a 42.7 per cent growth in profit in the 2019 financial year....
ANZ has signalled few regrets about divesting its wealth management businesses amid confirmation that its ‘transformation program’ has helped drive a solid first half pro...
IRESS has reported a 10 per cent growth in revenue for full year which was helped by the positive contribution to earnings from acquisitions....
Financial services group, Bell Financial has reported a 26 per cent increase in net profit after tax for FY2017....
Pengana International Equities Limited (PIA) announces a half year profit of $12 million following new strategies and portfolio repositioning. ...
Financial services business Fiducian has announced it will intensify its strategy of acquiring financial planning businesses in the second half of this financial year, a...
Platform and wealth management technology provider, GBST has managed an increase in first-half profit despite legislative challenges....
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...