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. ...

image
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....

image
Financial planning

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

image
Funds management

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

image
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....

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Graeme

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...

9 hours 50 minutes ago
Ross Smith

The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...

11 hours 34 minutes ago
Greg

I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...

3 days 11 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....

9 months 3 weeks 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 1 week ago

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

9 months 3 weeks ago