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RESULTS
Financial planning
Negative market movements led to a 53% decline in quarterly net inflows for Praemium in the June quarter....
Financial planning
Over 14,850 have now passed the exam, almost three-quarters of the advisers on the Financial Adviser Register. ...
Financial planning
Fewer provisions and the success of new strategies has seen Westpac post a solid first half....
Financial planning
The bank has created a new division that will encompass its wealth platforms, superannuation and retirement products, investments, general and life insurance, and auto fi...
Funds management
The platform provider has posted a net loss despite a 20% increase in funds under administration during the first half of FY20....
Funds management
The fund manager’s funds management soared 29% to $92.8 billion over the year to 31 December, 2019....
Superannuation
The firm’s client numbers have taken a hit off the back of legacy issues and five years of mergers and acquisition....
Funds management
Challenger has announced a reshape of its business, with stronger direct engagement with prospective customers and increased support for advisers....
Policy & Regulation
The Financial Adviser Standards and Ethics Authority has released its June exam results, from the inaugural financial advisers exam, with 90 per cent of candidates passin...
Financial planning
Half-year major bank result analysis by Deloitte shows the banks are still struggling to make growth against the headwinds....
Financial planning
Westpac has taken a 24 per cent hit to its first-half profit as it continues to accommodate hefty remediation costs and the exit of its financial planning businesses....
Financial planning
Fund administrator, Mainstream Group Holdings, has posted an 11 per cent growth in funds under administration, on prior quarter....
Policy & Regulation
ANZ’s full-year cash profit has taken a hit as it seeks to move beyond wealth remediation and costs associated with the Royal Commission....
Funds management
Antipodes Global Investment Company (APL) has declared its maiden dividend of five cents per share, 50 per cent franked....
Life/Risk
Personal insolvencies in the March quarter 2018 rose a slight 0.1 per cent on the same quarter in 2017 to 7,910....
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MARKET INSIGHTS
Podcast
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....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...