PROFITS

News

Macquarie Group appears on track to meet market expectations and has benefited from the migration of the ANZ Oasis to the Macquarie platform....

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Funds management

WAM Leaders Limited maiden interim results showed an operating profit before tax of $24.2 million for the period of May and December 2016....

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Accounting

Accounting firms have underestimated the impact of further study on their profit and productivity as accountants ramp up their education in light of SMSF licensing requir...

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Financial planning

Paemium has posted a 72 per cent increase in profit for FY2016 thanks to advisers embracing SMA technology....

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Funds management

Despite Perpetual recording strong profits in 1H15, its business units took a hit due to volatile equity markets. ...

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Financial planning

AMP’s wealth management business reported a $410 million profit for the 2015 financial year, as the company saw profits rise by 10 per cent....

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Funds management

Challenger Limited has reaped the benefits of selling annuities via both super funds and platforms....

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Funds management

Suncorp’s focus on retention and value in its life business has helped the company report a $430 million first half profit....

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Funds management

Praemium have this morning announced profits of $14.7 million, recording a 35 per cent increase on revenue in their fiscal results for the first half of the 2015-16 finan...

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Funds management

EQT points to one-offs amid an operating profit forecast before tax of around $13.7 million to $14.2 million in the six months to December....

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Funds management

Publicly-listed fund manager, WAM Capital posts 248.5 per cent increase in first half operating profit before tax to $103 million....

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Financial planning

Bell Financial Group is starting 2016 on a high, following the announcement of a 165 per cent increase in pre-tax profits....

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Funds management

Macquarie Group reports half-year profit of $1.07 billion, up 58 per cent on the previous corresponding period. ...

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Financial planning

Financial services provider, HUB24 has seen its gross profit jump by 3000 per cent in the 2015 financial year, while its FUA more than doubled in the last 14 months....

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Financial planning

Centrepoint Alliance has pointed to new ventures in its advice and funds managements arms as key drivers for a 78 per cent increase in after tax profits....

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day 3 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 22 hours ago
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...

1 week 6 days 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 2 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 2 weeks ago