PROFIT

Funds management

Challenger has posted another solid half-year result on the back of an astute distribution strategy via platforms, advisers and superannuation funds....

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Funds management

Improved dividends from companies in the portfolio have helped drive Argo Investments’ half-year profit up by 6.2 per cent....

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People & Products

BT Investment Management has posted a four per cent growth in net profit after tax to $147.5 million, thanks to strong net inflows....

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Financial planning

Macquarie Group has announced a half-year profit of $1,248 million, up 19 per cent on 1H17 and up seven per cent on 2H17....

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Funds management

Diversified investment house Washington H. Soul Pattinson and Company has today announced a full year regular profit of $282 million....

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Funds management

Investment platform provider, HUB24 has reported its first full year of profit with an underlying net profit after tax amounting to $3.9 million....

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Financial planning

Westpac Group has reported a strong first-half with profit up six per cent to $3,907 million, but its wealth division results including financial planning remain mixed....

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Funds management

ANZ has seen a 23 per cent increase in first-half cash profit but its divisional results explain its move to exit retail wealth....

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Features

The Australian life/risk sector is facing a fundamental reshaping as advisers move beyond the LIF and banks consider their return on investment, Mike Taylor finds....

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Financial planning

Yellow Brick Road recorded a maiden profit of $400,000 while its wealth division revenue grew 25 per cent....

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Funds management

ANZ has posted a profit of $1.6 billion on the back of good performance from retail and institutional banking and improved capital efficiency....

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Funds management

WAM Active Limited saw a drop in its half year operating profit due to a change in value of the investment portfolio....

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Funds management

Blue Sky Alternative Investments saw a significant rise in investments from Australian and overseas institutional investors for the half-year ending December, 2016....

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Funds management

AFIC has posted a half year profit of $118.3 million, down 18.9 per cent, after a decline in investment income....

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Funds management

Netwealth, has exceeded $10 billion in funds under management following a strong quarterly result....

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Never miss the latest news and developments in wealth management industry

Ross Smith

Sorry, every July I meet with each client who signs off on their FDS which disclosed adviser fees paid for the last 12 m...

23 hours 13 minutes ago
Michael Chalmers

Meanwhile the government says it wants to lower the cost of advice. The governments regulator is ballooning how much t...

1 day 2 hours ago
Chris Cornish

If an adult signs a form stipulating a payment to occur, that should be the end of the matter - no need for the governme...

1 day 3 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago