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Showing 911 - 920 of 2129 results for "Financial Year"

Unlisted property returns surpass equities: Research

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
The unlisted property sector outperformed Australian and global equities over the last financial year despite rising rates and global economic uncertainty, latest research shows. Australia's unlisted property sector returned 18.7% while local equities ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... superannuation trustee within SPSL, had to answer why the group retains tax benefits not passed on to members. In the 2012 financial year for example, the tax surplus was $8.1m. APRA singled out IOOF chief executive Chris Kelaher and described him as ...

Linear pushes MGP into the red

KARREN VERGARA  |  MONDAY, 3 SEP 2018
The acquisition of Linear dragged Managed Accounts Holdings into the red, results for the June 2018 financial year show. While funds under administration and revenue shot up thanks to the merger, MGP reported a $2.5 million loss after making a profit ...

Perpetual reports $140m profit, investments business dips

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
Perpetual has delivered a net profit after tax of $140 million for the financial year, as its private wealth and corporate trust units jumped in profits and the investments business dipped. The total NPAT is up 2% over FY17. Perpetual Investments profit ...

OneVue and boutique fund manager ink platform deal

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... won NAB Asset Servicing's book of clients and started transitioning the fund managers in the second half of the financial year. In announcing the results, OneVue chief executive Connie Mckeage said its platform business will continue to target both dealer ...

ClearView results up despite adviser earnings drop

HARRISON WORLEY  |  FRIDAY, 24 AUG 2018
... investment in its wealth management arm is starting to bear fruit, with a 31% increase in profit over the 2017 financial year to $5.2 million. The firm's wealth management arm grew both its product suite and distribution footprint, with 44 licensees ...

Equip grows to meet demand

HARRISON WORLEY  |  WEDNESDAY, 22 AUG 2018
... "Since our recent merger, we have announced a $12 million reduction in fees and insurance premiums for the 2018-19 financial year, which has positioned us extremely well in the marketplace. "We believe we have a powerful story to take to corporate Australia." ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... key product features. Overall, retail life insurance drove the substantial increase in profitability in the 2017 financial year, KPMG said, while group insurance remained flat after recovering in 2015. After-tax net profit increased by $627 million to ...

Finance sector in top three for giving: Report

HARRISON WORLEY  |  MONDAY, 20 AUG 2018
... philanthropic corporations shows 39 companies collectively invested $867 million in community causes in the 2016/17 financial year, with the finance sector highlighted for its contribution. The GivingLarge report, analysed community investments made ...

Pengana LIC profitable again

KANIKA SOOD  |  WEDNESDAY, 15 AUG 2018
Pengana's listed investment company posted solid profits for the financial year, springing back from last year's losses of $23 million. Pengana International Equities (PIA) raked in a total investment income of $40 million, up 260% over the ...