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16 August 2019 • By Eliot Hastie • 1 min read

Simplified model the way forward for MLC

MLC Wealth has announced that it will be simplifying its advice business to create a more sustainable advice model for the future. Following an ...

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Bell profit surges by 63%

Bell Financial Group (BFG) has reported a first-half profit after tax of $15.9 million, a 63 per cent increase from the previous corresponding ...

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Wilson Asset Management continues growth

Wilson Asset Management has shown shareholders that it has continued to grow despite current market volatility. In a market update to shareholders ...

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LIT commissions scrapped by fund manager

One of the industry’s top fund managers has announced that the group’s new listed investment trust will pay no commissions to advisers and ...

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Centuria profit flatlines, chief remains optimistic

Specialist listed investment manager Centuria Capital Group saw its profit flatline for financial year 2019 from the prior corresponding period, ...

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NAB announces third quarter growth

In its third quarter update NAB announced that it had increased revenues with costs remaining flat, but did not provide an update on its future plans

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BlackRock warns trade war to persist

A BlackRock investment strategy has cautioned the ongoing trade tensions between the US and China are going to ensue for longer than expected, calling ...

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The big risk when rates finally rise

EXCLUSIVE: A leading economic forecaster says interest rates could come back to bite us when they finally return to normal levels. Speaking at the ...

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Challenger profit down, management pay cut as Hayne effect lingers

Challenger reported a 5 per cent profit drop in financial year 2019, with the company’s fund management and life businesses copping volatile ...

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ASIC’s case against Westpac dismissed

ASIC has had its case against Westpac for alleged breaches of the responsible lending laws dismissed by the Federal Court. ASIC’s had taken Westpac ...

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