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Financial planning
IOOF has announced it will not be provisioning beyond the $223 million for advice remediation it announced in August last year....
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...
Financial planning
The Commonwealth Bank has targeted late 2019 for completing the demerger of its wealth assets after reporting a solid September quarter....
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....
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....
Financial planning
IOOF chief executive, Christopher Kelaher has attributed a strong full-year result to the company’s advice-led strategy....
Financial planning
Class has posted a 71 per cent increase in net profit after tax thanks to an increase in billable portfolios....
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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FWIW I am a long term holder of both. I am relaxed about my LICs trading at a discount. Part of a cycle. I would like...
The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...
I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...