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| | | Netwealth has reached $62.4 billion funds under administration (FUA) and posted record earnings in its H1 FY23 results. Netwealth's FUA grew 10.2% to the prior corresponding period (pcp). The company's underlying EBTIDTA, excluding non-cash share-based ... |
| | | | ... Commonwealth Financial Planning of $198 million, which included charging clients fees for no service provided. The group made a record $5.2 billion in after-tax profit in the last six months of 2022. Most of its operating income of $13.6 billion (up ... |
| | | | ... "elephant in the room", which is the worry many mortgage holders face when their fixed rate mortgages imminently expire. "Record low interest rates saw borrowers flock to fixed rate loans, with most maturing in 2023," he said. While many Australians ... |
| | | | ... embarks on a period of accelerated growth. "Despite a turbulent year in global financial markets, Mason Stevens has achieved record growth in revenue and funds under management and administration, by providing its high performing and innovative platform ... |
| | | | ... require BlackRock to abstain from voting proxies on behalf of the plan, "due to concerns with their public statements and record of prioritising ESG initiatives over shareholder return." In August 2022, Florida Governor Ron DeSantis and the trustees ... |
| | | | ... chief commercial officer Ilan Israelstam, said that industry assets under management ended the first month of the year at a record $138.5 billion, largely due to the global share market rebound. "The share market rally contributed to the bulk of industry ... |
| | | | True to her word, Quality of Advice Review chair Michelle Levy's final report contains few surprises, however her recommendations include the introduction of both a Good Advice Duty and a Statutory Best Interests Duty. The 267-page final report ... |
| | | | Australia's two peak financial advice associations have flagged the new name of the proposed entity should their merger go ahead. The Financial Planning Association of Australia (FPA) and Association of Financial Advisers (AFA) will be known as the ... |
| | | | ... months to 31 December 2022 (3Q23) was "slightly" up on the same nine months a year earlier, a period it said included a "record" December quarter. The group highlighted its commodities business and said FY23 YTD net profit contribution was "substantially" ... |
| | | | ... Unity and Wealth & Capital Markets as we implement our long-term growth strategy," Kerr-Smith said. "His exceptional track record leading large scale transformational business and technology programs will help us embed a culture of innovation across ... |
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