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02 September 2013 • By Tim Stewart • 1 min read

Australian Ethical profit back on track

Australian Ethical has bounced back from a relatively poor result last year to post a $1.06 million net profit after tax (NPAT). The result is up ...

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Xero scraps personal finance tool to focus on advisers

Accounting software provider Xero has announced rapid growth in customer numbers, while flagging plans to phase out its Personal Finance Management ...

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Prime focuses on wealth management

The lion’s share of Prime Financial’s revenue came from wealth management as the firm’s profit dipped slightly on the previous year

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Hedge funds lag as sub strategy plunges

Hedge funds returned 0.88 per cent in July and 4.59 per cent for the year to date as one sub strategy plunged deep into the red, the latest Credit ...

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Centuria boosts profit in stronger results

Listed property investment manager Centuria Capital has boosted its profit and earnings while also boosting its assets and selling off legacy ...

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Fiduciary duty trumps vertical integration

The best interests duty under Future of Financial Advice (FOFA) changes overrides any perceived conflicts in product recommendation within vertically ...

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Takeover bid hits Equity Trustees profit

Equity Trustees’ attempted takeover of The Trust Company took a $1.16 million chunk out of the firm’s net profit after tax (NPAT) for the 2012/2013 ...

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Perpetual transformation takes hold

A three-year transformation program announced by Perpetual last year has been manifested in the group’s financial results one year on, with a big ...

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SMSF rhetoric ‘separate from reality’: Bravura

Industry rhetoric that suggests “exponential” expansion of self-managed super funds (SMSFs) does not accurately represent the growth and future of the ...

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Wilson HTM revenues down, losses up

Wilson HTM Investment Group has recorded falling revenue in its full-year results, as its securities business continues to suffer losses

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