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Showing 161 - 170 of 263 results for "NPAT"

CFS trims corporate super distribution team

KANIKA SOOD  |  MONDAY, 12 AUG 2019
... made up of superannuation, investment, retirement and insurance products and financial planning, turned in $413 million in NPAT, down 42% year on year.

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... made up of superannuation, investment, retirement and insurance products and financial planning, turned in $413 million in NPAT, down 42% year on year. Funds management, which comprises Colonial First State, Commonwealth Financial Planning (CFP) and ...

IOOF divests Ord Minnett stake

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... deliver better outcomes for our clients and members." Unaudited figures show it contributed $11 million to IOOF's underlying NPAT in the 11 months to 31 May 2019. Mota added: "Ord Minnett is a high quality business and has been successfully led by its ...

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
... not disclose how much its earnings will be directly affected by the reforms, but forecasted that its full-year operating NPAT will be lower, and will fall between $195 million to $205 million (FY18: $206.7m). Earnings will also take a hit as a result ...

VGI Partners' dual pitch to investors

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
... million under the expected code of VGI. This means a price-to-earnings ratio of 10.6 (market capitalisation/pro forma CY18 NPAT). The offer is priced at $5.50 per share and open only to eligible VGI shareholders. Investors who participate in the LIC's ...

Colonial First State removes funds

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... from June. The cuts would save members $68 million in annual fees for 500,000 members and shave $45 million off its FY20 NPAT, CBA said in company filings then. FirstChoice Employer Super is also making changes to cut fees for members of the option by ...

Morgan Stanley extends platform partnership

KANIKA SOOD  |  THURSDAY, 28 MAR 2019
... up more business including from Asgard, Providence Wealth, Thornton Group and Advisory Partners while it lost InvestSMART. NPAT for first half of FY19 was $0.6 million down from $0.7 million for first half of FY18.

New head of retail at Pinnacle

KANIKA SOOD  |  TUESDAY, 26 MAR 2019
... expansion of Pinnacle and its affiliates' capabilities," Pinnacle said in a statement. The ASX-listed business reported an NPAT of $14.3 million for the first half of FY19 from its 12 boutiques. In February, Pinnacle also announced it was hiring Chelsey ...

Neilsons sell 10% of Platinum

KANIKA SOOD  |  WEDNESDAY, 20 MAR 2019
... profit after tax was down 27% in the six months to December. The boutique's $25 billion FUM generated about $65 million in NPAT in the time. Judith Neilson owns the White Rabbit art gallery in Sydney's Chippendale, where she exhibits contemporary Chinese ...

Advice firm hires chair

KANIKA SOOD  |  THURSDAY, 28 FEB 2019
... revenue (8%). Together, they turned total revenue of $21 million last financial year which is 11% higher than FY17. Underlying NPAT was down 25% to $2.2 million, impacted by one-off acquisition costs and investment in infrastructure and services.