Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1711 - 1720 of 10448 results for "advice"

Clime profits slide, poised for further M&A

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
... in the first half of FY2023 and not pay a first half dividend." Clime further reported funds under management (FUM) and advice increased by 8% to $5.5 billion since 30 June 2022 and funds under advice (FUA) grew by $287 million or 7% to $4.2 billion. ...

TelstraSuper names financial advice lead

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
... and a half years. He departed the fund recently after close to eight years. Most recently, Huggins was general manager of advice solutions at AMP Advice for one year, having previously spent close to two years as head of advice quality. She also held ...

Centrepoint Alliance scoping for scale

JAMIE WILLIAMSON  |  FRIDAY, 24 FEB 2023
... Gross revenues were also up, increasing by $38.8 million on the back of organic licenced adviser growth and the ClearView Advice acquisition. The group said it achieved a normalised EBITDA of $3.8 million, up 52% on its FY22 results. It said much of ...

ClearView offloads managed investments unit

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... and the repricing of historical inforce portfolios," ClearView managing director Simon Swanson said. The firm sold its advice unit in 2021. Swanson said this "resulted in a better home for former staff and financial advisers, and a simpler ClearView ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... overhaul, Insignia Financial chief executive Renato Mota is confident that one of its brands will be able to meet the growing advice affordability gap. Commenting on the recent performance of the advice business, Insignia chief executive Renato Mota ...

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... decreased $3.4 million to $34.8 million with its net revenues declining by $9 million due to a lower average FUM. The financial advice business finished positively, however. Underlying NPAT was up $6.4 million or 22.6%. This was driven by cost cutting ...

Equity Trustees records solid 1H23 result

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... with acquiring AET and its technology investment program. Meanwhile, the group's funds under management, administration, advice and supervision (FUMAS) was recorded at $155.5 billion. This is 4.4% higher than the prior half. AET contributed additional ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
National Advice Solutions was convicted in a Queensland court for cold-calling consumers and trying to convince them to switch their super fund, copping a $70,000 fine. National Advice Solutions' AFSL was cancelled in December and its two responsible ...

Fintech joins forces with advice students

KARREN VERGARA  |  TUESDAY, 21 FEB 2023
A technology firm has introduced its software to the University of Technology Sydney's financial advice students in a bid to offer practical experience before they graduate. Students studying the Master of Financial Planning at UTS are being provided ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... followed the firm being found to be only offering personal loans to consumers who agreed to also receive and act on financial advice provided by the same company. Typically the advice including changing superannuation fund, advice for which Financial ...