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Showing 11 - 20 of 96 results for "Insignia"

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
Insignia Financial's share price is up some 12% after it posted a marginal increase in underlying profit and reported all its strategic priorities being on-track. The wealth giant has reported underlying net profit after tax (NPAT) of $95.5 million ...

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... founding director John Myers said. Conversely, the funds that experienced the worst nominal net member growth were AMP, Insignia Financial, Colonial First State (CFS), Commonwealth Bank Officers Super, and TWUSUPER. CFS lost 29,426 members and saw total ...

Insignia Financial names chief executive

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
Scott Hartley will succeed Renato Mota as chief executive of Insignia Financial, effective March 1. The appointment follows weeks of speculation, during which time Hartley was tipped most likely to nab the role. It will be a return of sorts for Hartley ...

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... players have now become behemoths. HUB24 and Netwealth's combined market capitalisation is now equivalent to AMP, Insignia, IRESS, Link, Bravura, Count, Wealth Today, Centrepoint, and Sequoia. "Having a technology-focused business without historical ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
Insignia Financial has reported more than $300 billion in funds and named a chief client officer to run the newly created client wellbeing arm as it progresses its simplification strategy. In a quarterly update, Insignia said its funds under management ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... Capital, led by chief executive Phillip Kingston. In 2018, Sargon ramped up its acquisition and expansion strategy when Insignia, or IOOF as it was known at the time, sold its Australian Executor Trustees (AET) corporate trust business for $51.6 million. ...

HUB24 sets sights on $100bn FUA

KARREN VERGARA  |  TUESDAY, 16 JAN 2024
... quarter of 2023 "delivered strong growth" with "record net inflows of $4.5 billion". This includes the transition of Insignia Financial's private label Rhythm totalling $1.8 billion of assets. During the three months, HUB24 gained 16% more financial ...

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... the association's priorities in 2024. The advice sector was marked by several mergers and acquisitions during 2023. Insignia Financial handed over Millennium3 to ASX-listed WT Financial Group (WTL) with a total of 75 practices transitioning. WTL ...

Stake names new chief executive

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... for decades to come," he said. Last year, Geoff Lloyd joined Stake as chair, leaving MLC as chief executive following Insignia Financials' takeover. The platform has some $2.9 billion in assets under administration and is backed by major investors such ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
Just days before Christmas, an Insignia Financial shareholder class action borne out of the Royal Commission was dismissed, with the judge saying there was no evidence provided to prove the group breached disclosure requirements. The class action was ...