FULL YEAR RESULTS

Funds management

EQT Holdings has announced a 43% year-on-year growth in funds under management, administration and supervision to $144 billion for the year. ...

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Funds management

Pendal Group has delivered a 17 per cent lift in cash earnings for fiscal 2018 on the back of a sixth straight year of growth in funds under management....

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Financial planning

The accounting and advice firm network has delivered an average profit margin from its firms of 15 per cent for fiscal 2018, up from 12 per cent in the prior year....

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Funds management

The ethical wealth manager has recorded an 18 per cent lift in underlying profit for fiscal 2018 to $5 million following strong growth in inflows and member growth, and p...

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Funds management

Charter Hall Group said it has reached an agreement to acquire Folkestone Limited for $205 million, with the deal to be funded by cash from available investment capacity....

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Superannuation

The holding company for Equity Trustees has lifted net profit to $19.7 million for the year to 30 June 2018, driven by investment in new technology, organic growth and co...

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Financial planning

The investment and superannuation platform provider has delivered a full-year underlying net profit of $5.4 million and declared an inaugural dividend of 3.5 cents a shar...

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Financial planning

The financial services firm has posted a 21 per cent rise in underlying net profit to $10.5 million on the back of a $1 billion or 18 per cent rise in FUMAA....

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Funds management

Pengana International Equities has announced a profit of $24.6 million for the year to 30 June 2018, a turnaround from the $22.9 million loss recorded in the prior compar...

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News

The country’s fifth largest bank has delivered underlying cash earnings of $445.1 million for fiscal 2018, following a strong performance across its Local and Partner div...

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Life/Risk

The financial services group said it will sell its Australian life insurance arm to TAL Dai-ichi Life Australia for $725 million after announcing a 4.1 per cent dip in FY...

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News

Australia’s biggest investment bank has delivered a $2.5 billion full-year profit on the back of solid performances from its asset management and banking services units....

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Financial planning

IOOF chief executive, Christopher Kelaher has attributed a strong full-year result to the company’s advice-led strategy....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 8 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 9 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

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

9 months 1 week 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 ago

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

9 months 1 week ago