Financial planning software provider, Iress has acknowledged a challenging year as it reported a 100% decline in net profit after tax to a loss of $137.5 million.
The significant profit decline came despite the company lifting revenue by 2% to $625.7 million, however it pointed to early signs of recovery…
Nearly four years after the Commonwealth Bank sold Count Financial to Count Plus its remediation indemnities have decreased to $5.9 million.
The CBA remediation provision represents an important number in the context of the bank’s remaining 35.85% stake in Count Limited which yesterday posted a net profit after tax of…
The use of Artificial Intelligence to triage clients may allow financial advisers to become specialists or generalists.
Unpaid grandfathered and other commissions no longer accessible to financial advisers should be used to underwrite cheaper advice.
Strong inflows have helped drive platform providers HUB24 and Netwealth to report solid first-half profits.
The macro backdrop remains constructive for fixed income. Yields typically fall after interest rates peak and historically, this has coincided with…
With our boutique in-house developed platform technology, Auxilium is backed by Fiducian who has more than 25 years’ experience
Rob Mead discusses the 2024 outlook, how investors should be positioning for the year ahead and where PIMCO sees the best investment opportunities.
ANZ Bank chief executive, Shayne Elliott has welcomed the ACT’s decision to authorise ANZ’s Suncorp Bank acquisition.
Platform provider HUB24 has delivered a strong first half result with NPAT up 39% to $25.1 million and record inflows.
Superannuation funds are going to have to continue provisioning billions as APRA opts to stick with the 25bp Risk Reserve benchmark.
Industry funds want to slam the door on early release by embedding preservation as a key principle of the objective of superannuation
The Government’s move to introduce “default” super products has been labelled “risky” by the FSC, after poll results indicated the public was opposed.
Superannuation fund members who turned conservative and changed their allocations during COVID-19 denied themselves a 23% return.
Tech stocks with a strong pedigree in artificial intelligence (AI) innovation should retain a “robust allocation” in investment portfolios.
Boutique investment firm Bell Asset Management (BAM) has appointed three senior analysts to the firm.