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

Search Results

Showing 11 - 20 of 26 results for "DKN Financial Group"

Star hire strengthens IOOF adviser drive

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
... IFA market. IOOF has 650 aligned advisers under its umbrella, which will roughly double if the takeover of DKN Financial Group goes ahead. DKN shareholders are to vote on the 80c-per-share offer in September. IOOF also has 1500 non-aligned financial ...

DKN suffers drop in platform flows

MATT WOODINGTON  |  MONDAY, 1 AUG 2011
DKN Financial Group will announce an 8% annual rise in funds under advice but a 40% drop in platform inflows and an overall company loss of $14 million for the year to June 2011. The loss is due to a $21 million write down of goodwill, in order to reflect ...

DKN agrees to support IOOF takeover

ALISON BEVEGE  |  MONDAY, 27 JUN 2011
Financial services provider DKN Financial Group has agreed to an increased takeover offer by IOOF Holdings, subject to independent valuation. IOOF has increased its bid from an indicative offer of 75c per DKN share, which was hotly rejected by major ...

Count says advisers worried about IOOF offer

ALISON BEVEGE  |  MONDAY, 20 JUN 2011
... Independent financial advisers may have an issue with institutional ownership under the proposed IOOF takeover of DKN Financial Group, a major shareholder of the takeover target said today. Count Financial chief executive Andrew Gale said regulatory ...

IOOF moves for 100pc DKN shares

ELISE BURGESS  |  TUESDAY, 14 JUN 2011
IOOF Holdings has moved to dramatically increase its shares in DKN Financial Group from 18.49 per cent interest to 100 per cent for a complete acquisition of the firm. IOOF, which has held shares since DKN listed in 1989, said the relatively illiquid ...

DKN acquires 25pc in Godfrey Pembroke firm

ELISE BURGESS  |  FRIDAY, 10 JUN 2011
DKN Financial Group has acquired a 25 per cent stake in former Godfrey Pembroke licensee, StrategyOne Advice Network, to provide compliance, professional development, research and platform administration services to its advisers. The move is inline ...

Super stoush over opt-in scheme

ALISON BEVEGE  |  MONDAY, 21 FEB 2011
... will be priced out of the market," he said via email. Financial advisor Phil Butterworth, chief executive, DKN Financial Group, said it would give advisers an administrative overload that was not required if fees were transparent, clients received an ...

DKN preps for growth despite profit fall

ELISE BURGESS  |  THURSDAY, 17 FEB 2011
DKN Financial Group presses on with its expansion strategy despite a fall in its profits in the half year, according to results released this morning. DKN recorded an increase in funds under administration, up 6.5 per cent to $7.9 billion since June ...

BT Wrap signs five-year deal with DKN

PRESS RELEASE  |  FRIDAY, 2 JUL 2010
BT Wrap has signed a further five-year investment platform agreement with DKN Financial Group. Chris Freeman, head of BT Wrap at BT Financial Group, said the firm has been working with DKN for more than a decade since the Wrap was launched in 1997. ...

Count buys DKN stake

MICHAEL HOBBS  |  FRIDAY, 5 FEB 2010
Count Financial has bought a five per cent stake in financial services solutions provider, DKN Financial Group, as financial planning groups continue their buying spree. The purchase, worth over $5 million in ordinary shares, means Zurich Financial ...