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Showing 21 - 30 of 106 results for "Investment Bond"

GDG sees profits soar $74m

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
Generation Development Group (GDG) saw net profit after tax jump to $78.9 million in the half year to December 31, up from $4.4 million in the prior corresponding period. The massive jump in profit comes after GDG completed its acquisition of Lonsec ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... business saw assets grow by 16% in the year to December 2024 from $4.8 billion to $5.6 billion. The firm's investment bond option badged through Generation Life reported continued inflows and was created to pre-empt the government's proposed ...

Grant Hackett named chief executive of Generation Development Group

ANDREW MCKEAN  |  FRIDAY, 20 DEC 2024
... shareholders. Generation Life general manager of sales, marketing, and operations Felipe Araujo, who's been with the investment bond provider since 2017, will succeed Hackett as chief executive and managing director. Araujo's goal is to continue ...

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
... chief executive and managing director Grant Hackett said: "It was the first time we have surpassed $200 million in investment bond inflows in a quarter, and we also saw an increase in our lifetime annuity sales." Sales for its LifeIncome product are ...

Generation Development Group profit jumps

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... that approved product lists increased by 8% to 714, active financial advisers increased by 22% to 2271, and new investment bond numbers increased by 27% to 27,230 in FY24. The company achieved record investment bond sales of $657 million, up 28% in FY24. ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
Generation Development Group, the parent company of Generation Life, which recently acquired the remaining stake in Lonsec, has reported a $673 million increase in funds under management (FUM) over the last financial year. Generation Life received over ...

Fortnum, PFS launch parent company

KARREN VERGARA  |  MONDAY, 22 APR 2024
Fortnum Private Wealth and its newly acquired advice business Professional Financial Services (PFS) will operate under a newly launched parent company brand, Entireti. Last November, AZ NGA-backed Fortnum and Nestworth Financial Strategists (formerly ...

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 ...

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
After two decades with the business, Insignia Financial chief executive Renato Mota will exit in February 2024. In an ASX announcement, Insignia said the decision was a mutual agreement between the business and Mota. It has already commenced the search ...

KeyInvest, Mantis Funds launch investment bond offering

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... fund manager partners are based offshore. "KeyInvest has a long history in Australia, and we plan to bring their investment bond offerings to a broader audience," he said. "In the last three decades, tax planning has been very superannuation and offshore ...