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| | | ... The investment manager also reported its FY22 highlights and said, as of June 30, it recorded $254 million statutory net profit after tax. It said normalised net profit before tax was up 19% to $472 million and life sales increased to $9.7 billion from ... |
| | | | Fiducian has recorded an underlying profit increase of 11% and seen record net inflows of $309 million, as it sets its sights on New Zealand, Japan, South Korea and Thailand. Reporting to the ASX, Fiducian said its underlying net profit for the year ... |
| | | | ... resources partner for advisory businesses looking to increase efficiencies, reduce their cost to serve and improve their net profit margin," he said. "Culturally, there is a lot of alignment between VBP, AZ NGA and Invest Blue, and together our focus ... |
| | | | ... experience in the finance sector, O'Donnell is an experienced executive and non-executive director in the listed, not-for-profit and mutual sectors. Her track record includes stints as the former managing director of Australian Ethical and director ... |
| | | | Arcus Partners, backed by Daniel Besen's family office, has acquired Snuggle Hunny Kids. The acquisition, made for an undisclosed amount, is a first for the Melbourne-based firm, which focuses on a collaborative approach to realise the potential ... |
| | | | Despite seeing its net half-year profit drop about 25%, AMP has commenced a $350 million buyback and plans to return a further $750 million to shareholders. Releasing its first-half results this morning, AMP said it has made significant progress towards ... |
| | | | Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ... |
| | | | National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ... |
| | | | MLC Life Insurance has said the Quality of Advice Review (QAR) should focus on how to ensure Australians can access financial advice, regardless of their wealth. Ahead of Michelle Levy's draft report due later this month, MLC Life said it believes ... |
| | | | Berkshire Hathaway has reported a US$53 billion loss on its investments during the quarter. However, Berkshire Hathaway's quarterly report explained that unrealised gains and losses arising from changes in market price of investments in equity securities ... |
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