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Showing 1471 - 1480 of 8243 results for "June"

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... platform revenue. Administration fees were also up 1.9%. The average account size increased to $481,000, up from $385,000 for June 2020. Platform revenue per account remained virtually unchanged at $1607. Meanwhile, the number of accounts increased by ...

Financial services market skyrockets

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... Australia's total market for financial services increased by $1.27 trillion last financial year to a total of $10.9 trillion at June end, research shows. The latest Roy Morgan Banking and Finance Report showed the increase was larger than the last three ...

Best-performing global equities funds for FY21

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... Locally available managed funds investing in large cap global shares tallied 28.6% in median returns for the year ending June, but funds from Forager and Loftus Peak reported big gains, according to Rainmaker research. The median outperformance in the ...

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... clients that will not renew the services of an adviser. Fiducian's FUA went up $700,000 to $3.7 billion in the year to June 2021, thanks to acquisitions, inflows and market performance. However, going forward some adjustments may be needed to the ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
... plus 25 - with conditions falling in "all mainland states", led by NSW. Its components - trading (12 in July versus 32 in June); profitability (6 versus 25); employment (10 versus 18) - all weakened. This may not be the end of it for as NAB revealed ...

Perpetual ups acquisition liability

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... July, to $49.2 million. Perpetual has $98.3 billion in assets under management, which grew by 3.1% year on year to the end of June. Yesterday, the group announced that it acquired boutique financial advice firm Jacaranda Financial Planning for an undisclosed ...

Stellar year of returns for Aussie equities funds

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... according to Rainmaker Information. Australian large cap equities funds recorded a median return of 29.2% for the 12 months to June end, better than the S&P ASX 200 Accumulation Index's 27.8%. Three-year returns are smaller at 9.6% p.a. for the index ...

Industry Fund Services executive departs

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... a working group to identify ways to improve the collection of unpaid super, including via collaboration with the ATO. In June, the head of group life consulting services for IFS Insurance Services Harumi Hancox joined AIA as its head of strategic partnerships ...

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
... Super, which Hostplus is also currently working on a merger with. The funds said their initial discussions, first announced in June, determined "the funds' respective members, contributing employers and associated communities would realise scale ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... shows positive signs of recovery but it's still a far cry from the company it was four years ago. In the six months to June, the group's underlying net profit after tax hit $181 million, buoyed by strong performances from AMP Bank and its stakes ...