Latest Financial Services News

AMP reported a 9.2% increase in underlying net profit after tax to $131 million for the first half of 2025, driven by robust cashflow growth and steady performances across its wealth and banking divisions. The company also declared a 2.0 cents per share interim dividend, maintaining disciplined cost control amid ongoing strategic investments.

AMP Limited reported a 9.2% rise in underlying net profit after tax for the first half of 2025, alongside a declared interim dividend, while navigating fresh legal challenges.

Finexia Financial Group has ended talks on a major disposal deal and is managing loan defaults with fresh collateral, while expanding its childcare lending strategy.

BlackRock Investment Management (Australia) Limited has announced the Distribution Reinvestment Plan (DRP) prices for three major Australian iShares ETFs for the July 2025 distribution period, alongside important investor compliance reminders.

BlackRock Investment Management (Australia) Limited has announced confirmed cash distributions for three Australian iShares ETFs, with payments scheduled for mid-August 2025. The announcement also highlights investor obligations around tax certification and promotes sustainable communication practices.

Pinnacle Investment Management announces a fully franked dividend of AUD 0.27 per share for the half-year ending June 2025, offering shareholders a Dividend Reinvestment Plan with currency flexibility.

Pinnacle Investment Management Group delivered a robust FY2025 with a 49% rise in net profit and a 63% jump in funds under management, driven by strategic international growth and strong affiliate performance.

Pinnacle Investment Management Group Limited has delivered a robust financial performance for FY2025, with revenues and profits soaring and dividends increasing, signaling strong momentum in the asset management sector.

Clime Capital Limited has launched a new Convertible Redeemable Notes offer featuring a 6.5% fixed annual interest rate, providing investors with monthly income and conversion flexibility.

Platinum Investment Management has officially terminated its Scheme Implementation Deed with Platinum Capital Limited, marking a significant shift in the management of the Platinum International Fund Complex ETF.

Platinum Capital Limited has pulled its proposed scheme of arrangement due to insufficient shareholder support but will proceed with an on-market buy-back. Meanwhile, L1 Capital pushes for management control and board renewal.

Credit Corp Group Limited has announced a fully franked ordinary dividend of AUD 0.36 per share for the six months ending June 2025, signaling steady returns for investors.