PROFITS

Financial planning

Self-licensed advisers are most likely to have seen their profit margins increase over the past 12 months, according to research by Investment Trends, as fees increase fo...

Financial planning

WT Financial is expecting to see a 130 per cent increase in net profit after tax, as it releases indicative results for FY22–23, and CEO Keith Cullen believes the outlook...

Financial planning

There have been four key observations from the latest reporting season, according to Swell Asset Management. ...

image
Funds management

Magellan has seen its net profit after tax fall 33% in the last financial year but funds under management have risen 9% to pass $100 billion....

image
Financial planning

IRESS has reported strong positive results for the year to 31 December 2018, and expects profits to continue on their growth trajectory in 2019....

image
Policy & Regulation

The Federal Government is moving to introduce legislation which will have the effect of doubling the criminal and civil penalties which can be imposed against both corpor...

image
Funds management

While global dividends reached record levels in the first quarter Australia is lagging, according to Janus Henderson....

image
Financial planning

AMP Limited appears to have turned a corner on profit but its wealth division has struggled despite better returns from advice and SMSFs....

image
Funds management

Investors should think like business owners and continue to search for persistent sources of growth during less favourable market conditions, according to AB....

image
Financial planning

The major Australian banks have reported a modest increase in aggregate profits amidst a challenging market environment and ongoing regulatory costs....

image
Financial planning

Big insurer TAL has insisted to a Parliamentary Committee that profit-sharing rebates paid to super funds are always used to benefit members and it has the right to audi...

image
Financial planning

Perpetual Limited has posted a solid full-year result with plenty of help from Perpetual Private....

image
Financial planning

IRESS has reported a 10 per cent increase in its net profit for the first half of the year thanks to its acquisition of Financial Synergy....

image
Funds management

Macquarie Group has delivered a strong full-year result and has indicated a positive outlook moving into 2018....

image
Superannuation

Much attention will be directed to the outcome of Cabinet committee discussions today in the wake of Prime Minister Malcolm Turnbull signaling his ongoing opposition to p...

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

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...

4 days 14 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...

4 days 15 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...

5 days 14 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 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. ...

8 months 4 weeks 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