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| | | Centrepoint Alliance's wealth business recorded an underlying pre-tax profit of $7.1 million for the last financial year, up 10% on the year prior. Announcing its full-year results to the Australian Securities Exchange (ASX) on Friday, Centrepoint also ... |
| | | | Commonwealth Bank-owned Countplus has sold its stake in two advice firms to management and senior employees. Employees and principals of Gold Coast firm MBA Partnership have bought back Countplus' 40% interest in the business. A 30% stake of Melbourne-based ... |
| | | | Andrew Robb's China free trade deal provides vast opportunities for Australia's financial services industry. It builds on strong foundations set by former Prime Ministers Whitlam, Hawke, Howard and Gillard and puts Australia ahead of the USA, Japan ... |
| | | | Following the departure of Rosemary Vilgan in July, QSuper has announced its new chief executive. QSuper chief strategy officer Michael Pennisi will replace Vilgan as the new chief executive in October. The fund's chairman, Karl Morris, said Pennisi ... |
| | | | ... one and three year periods. Below benchmark returns also meant that the firm's investment team did not receive profit share plan (PSP) incentive payments. However, chief investment officer Andrew Clifford did receive a bonus "related to his role," Neilson ... |
| | | | AMP has appointed a managing director of Charter and ipac, reporting to AMP group executive advice and banking, Rob Caprioli. Tim Mitchell-Adams will be responsible for leading the Charter, ipac, Jigsaw and SMSF Advice businesses. Mitchell-Adams previously ... |
| | | | NAB Wealth has announced a new general manager for MLC Financial Planning and Garvan Financial Planning. Matthew Fogarty joins NAB from AMP, where he was head of financial planning at Genesys and ipac Equity Partners. He was also a founding partner ... |
| | | | ... share market slump should be wary of investing in shares again but it's also concerning that many people also don't have a plan for their financial future," O'Neill said. "While many people believe they will be alright financially, one in five also expects ... |
| | | | Automated investing service Ignition Wealth has appointed a veteran investment banker as its inaugural chairman. Peter Meurer has more than 40 years' experience in financial markets and has been executive chairman of Asian investment bank Nomura Australia ... |
| | | | Financial planning software provider IRESS has recorded a 10% profit increase in its Australia and New Zealand wealth management division over the past six months. The half-year result reflects continued demand in the wealth management segment with ... |
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