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28 February 2014 • By Reporter • 1 min read

Trust Company acquisition pays off for Perpetual

Perpetual has reported a net profit of $33.3 million for the first half of the financial year, following its recent acquisition of The Trust Company ...

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Government consults on OTC derivatives

The Coalition has followed through on the previous government’s G20 commitment to reform Australia’s over-the-counter (OTC) derivatives market

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Equity Trustees posts $5.4m half-year profit

Equity Trustees has generated a net profit of $5.4 million for the six months leading to 31 December 2013, up 22.1 per cent from the prior ...

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Countplus reports strong planning revenue

Countplus has recorded revenue growth of 22.6 per cent across its financial planning businesses compared to an increase of only 3.6 per cent in ...

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Rubik appoints global chief executive

Financial services technology company Rubik Financial has appointed a new chief executive who will sit over the two existing joint managing directors

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ASIC’s FOFA approach under fire

ASIC’s decision not to enforce the FOFA provisions the government plans to repeal has given providers the “green light” to “completely ignore the FOFA ...

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IRESS Australia wealth profit up in 2013

While IRESS has seen its group profit fall as a result of the acquisition of Avelo in the UK, the Australian wealth management arm has increased its ...

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Aus Unity half-year profit down $5.2m

Australian Unity’s net profit for the first half of the 2014 financial year has fallen by $5.2 million following higher claims costs in the healthcare ...

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ClearView announces strong result, equity raising

ClearView Wealth has posted a solid result for the first half of the financial year, with underlying net profit, in-force life premiums and funds ...

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Focus on cash flow, not earnings: Epoch

Investors should focus on companies with “free cash flow” and good capital allocation rather than following an accounting-based model, according to ...

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