PROFIT

Financial planning

Industry fund-owned ME Bank posted a 29 per cent rise in its NPAT and attributed robust relationships with industry super funds and union networks. ...

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Financial planning

HUB24’s inflow increase of 102 per cent has driven the firm to post a gross profit of $10.9 million, a 125 per cent increase....

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Financial planning

Financial services companies are more profitable as they’re adding value to existing clients and getting more referrals, a Macquarie survey found. ...

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Funds management

Macquarie’s annuity-style businesses have lifted the group to post an almost 30 per cent increase in net profit after tax....

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Funds management

Half year figures showing a 172 per cent increase in post-tax profit reflect a turn-around in fortunes for responsible investment fund manager, Australian Ethical....

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MARKET INSIGHTS

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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 54 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