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| | | Diversified financial services group Austock's full year results released yesterday outlined a marked improvement, but the company remains mired in the red, making another net loss of $5.8 million for the year ending 30 June 2010 Revenues fell 11.3 ... |
| | | | Treasury Group Limited, which supports, distributes and invests in boutique fund management businesses, reported a near 36 per cent increase in normalised net profits yesterday, off the back of net inflows and improving markets. The company said normalised ... |
| | | | Non-employer contributions into legalsuper have increased by a record rate last year despite the halving of contribution caps and continued investment uncertainty, according to the fund. Reporting on the year ended 30 June, Andrew Proebstl, legalsuper ... |
| | | | Challenger Financial Services has staged a strong profit recovery during the year, buoyed by a record performance from its annuities business and a 22 per cent rise in gross assets under management to almost $24 billion. The group reported results this ... |
| | | | DKN chief executive Phil Butterworth said the financial services group is well positioned to benefit from new reforms in the industry after posting a 23.4 per cent underlying profit increase to $7.64 million in the year to June. The financial services ... |
| | | | Planning group Count Financial has reported a 24 per cent jump in net profits after tax to $24 million for the year ending 30 June, and it expects its double-digit growth to continue this financial year. In ASX statements released today, Count Financial ... |
| | | | Wealth management continues to be a significant contributor to Commonwealth Bank's profits, with the division posting double-digit earnings growth in the group's results released yesterday. For the full year ending June 30, the business reported cash ... |
| | | | In a sign that unlisted valuations are still high on APRA's watch list, the regulator has written another letter to remind super fund trustees of the risks in unlisted investments and to watch their valuation practices. Retail super funds have traditionally ... |
| | | | New York's State Comptroller, Thomas P. DiNapoli, has issued a statement condemning press reports that he will allow New York's $150 billion-plus pension fund to balance the state budget. "There have been a number of outrageous and unfounded rumors ... |
| | | | ANZ Bank's wealth income has more than doubled to $420 million as the ING Australia business slots into the bank. ANZ' underlying profit for the half year ending March this year found the Australian wealth division's total wealth income rose from $199 ... |
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