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Showing 181 - 190 of 214 results for "Insignia Financial"

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
Insignia Financial recorded a 67% increase in net profit after tax for the first half, while also seeing a drop in its funds under management and administration of $5.5 billion. Reported to the ASX today, Insignia's NPAT was $45.1 million, a significant ...

JANA awarded mandate by NFP

CHLOE WALKER  |  MONDAY, 20 FEB 2023
... funding priorities to achieve a thriving south," she said. Last month, JANA bought out the 45% interest owned by Insignia Financial, following its acquisition of MLC Wealth. It comes after the appointment of JANA's chief executive Georgina Dudley in ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... period is an opportunity to come together and shape a stronger super system now, and for generations to come." Insignia Financial chief executive Renato Mota commented: "Australians need security and confidence as they save for retirement, and we welcome ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... financial advisers and planners to provide advice more quickly and lower the costs involved in doing so." Meantime, Insignia Financial chief executive Renato Mota said: "In our experience, many Australians are looking for affordable, accessible financial ...

Insignia saves thousands of hours with AI

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
Implementing an artificial intelligence solution has saved Insignia Financial tens of thousands of working hours, it says. The financial services company rolled out its first digital worker called Optimus in 2019 and has since steadily increased its ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
Insignia Financial reported an increase in funds under management and administration (FUMA) in Q2 FY23 despite divesting from JANA and AET. Insignia FUMA was $285.1 billion as at 31 December 2022, an increase of $7.4 billion (+2.7%) on a continuing ...

JANA management buys out Insignia stake

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... The management team at JANA now fully owns the asset consultant, having bought out the 45% interest owned by Insignia Financial following its acquisition of MLC. JANA and Insignia have entered into a binding share sale agreement for the former's ...

Adviser population dropped 17% in 2022

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2023
... Charter Financial Planning with 339, Synchron with 327, and Consultum with 306. In terms of advice brands, Insignia Financial is the largest with a combined 1342 advisers across its various groups. This is 33% more than AMP which has a combined 1010. ...

Barrenjoey launches social purpose fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2022
... the fund, depending on its size. ART is a cornerstone investor in the fund, alongside foundation investors Insignia Financial, Minderoo Foundation and legalsuper. "The firms we have selected are all market leading global private credit funds with strong ...

Chalmers gives Equity Trustees green light on AET

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
After months of waiting, Equity Trustees has received ministerial approval to officially acquire Insignia Financial's Australian Executor Trustees (AET). Approval by treasurer Jim Chalmers was a condition precedent to completion of the $135 million ...