Count outlook improves
Accountancy-based financial planning dealer group Count Financial has upgraded its profit outlook for 2008-09, suggesting net profit before tax will fall less than 15 per cent.
The company said the change was due to the improved performance of the company’s investment portfolio. Count was able to confirm its previous guidance on operating profit, which excluded the investment returns, would be down by around 30 per cent on the previous financial year.
It said it could also confirm that the full-year dividend would not be less than 7 cents.
AUTHOR
Mike Taylor
Recommended for you
While returns and fees are the top priority for older Australians when it comes to their superannuation, more than one in 10 are calling for access to tailored financial advice.
Determinations by the FSCP since the start of 2025 are almost double the number in the same period of 2024, with non-concessional contribution cap errors and incorrect advice among the issues.
Whether received via human or digital means, financial advice is reportedly leading to lower stress and more confidence, according to Vanguard.
The new financial year has got off to a strong start in adviser gains, helped by new entrants, after heavy losses sustained in June.
