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Showing 91 - 100 of 2122 results for "Financial Year"

Australian Unity reveals profit turnaround

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... group invested $70.2 million of non-recurring expenses into its integration and transformation programs during the financial year, adding that it expects these programs of work to be substantially complete by 31 December 2025. During the year, Australian ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
... retirement savings and disqualification as an SMSF trustee which goes on the public record," she said. In the 2021-22 financial year, the ATO estimated that SMSF illegal early access came to $250.1 million, sightly decreasing from $256.1 million in the ...

Australian Ethical FUM approaches $14bn

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
Australian Ethical has revealed its results for the financial year to June 30, with funds under management (FUM) soaring to nearly $14 billion. FUM surged by 34%, or $3.5 billion, to $13.94 billion in FY25, which was a result of positive net flows ...

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... prior years, Centrepoint Alliance said. The increased expenses resulted in a lowered NPAT at $5.1 million for the financial year. Centrepoint Alliance reported an NPAT of $7.8 million in FY24. Despite the loss, the company said it has achieved the strongest ...

Commonwealth Super delivers 'resilient' performance for FY25

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... inflation rate of 2.1%. In FY24, CSC's default MySuper investment option delivered a healthy 9.1% return over the past financial year, while its aggressive option generated a "very strong" 10.6% return. CSC, with over $70 billion in funds under management ...

Pacific Current FUM, earnings lower in FY25

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
... dented Pacific Current Group's (PAC) funds under management (FUM) by 29%, while another affiliate dragged the 2025 financial year with a $22.1 million impairment. Exits in Banner Oak Capital Partners and Carlisle Management Company saw $10.4 billion ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... (SMA) business reported $610 million of net inflows while Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was driven by Spectrum's net inflows of $848 ...

Anti-hawking exemption for advisers a 'silly carve out': SCA

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... follows a spike in the promotion of pushy super switching schemes in the market. ASIC noted that the start of a new financial year tends to be a trigger for people to check their super fund's performance and has since urged consumers to be extra caut ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... accountabilities across four distinct lines of business," he said. "Delivery of several key strategic initiatives during the financial year contributed to the ongoing simplification of our business. This included the separation of MLC from NAB - one ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
Netwealth Group has delivered its results for the financial year ending June 30, recording "exceptional growth" across all key metrics. Netwealth recorded funds under administration (FUA) of $112.8 billion, which was a 28.2% surge from FY24, while total ...