Latest Financial Services News

Pengana International Equities is set to diversify its portfolio by adding global private credit exposure, aiming to increase earnings and fully franked dividends by 56%, with monthly payments starting November 2025.

Acumentis Group Limited reported a 4% revenue increase and a 35% jump in operating profit for FY25, driven by growth in corporate and private clients despite a government contract decline. The company declared a fully franked dividend and outlined a cautiously optimistic outlook for FY26.

Pepper Money Limited reported a solid half-year performance with a 2% rise in net profit after tax and record assets under management of $20.1 billion. The company declared a 6.4 cent interim dividend, reflecting disciplined cost control and a positive outlook.

Insignia Financial has reported a robust FY25 with a 17.6% rise in underlying net profit after tax and a record $330.3 billion in funds under management. The company also unveiled its ambitious strategy to become Australia's leading diversified wealth manager by 2030.

Pepper Money has reported a record $20.1 billion in assets under management alongside a 2% rise in net profit after tax for the first half of 2025. The company also declared a fully franked interim dividend, reflecting strong capital management and operational efficiency.

Pepper Money Limited reported a 2% increase in net profit after tax to $47 million for the half-year ended June 2025, driven by strong loan originations and disciplined cost management. The company also raised its interim dividend to 6.4 cents per share, signaling confidence despite a slight dip in net interest income.

Insignia Financial delivered a robust FY25 performance with an 18% rise in underlying net profit after tax, driven by higher funds under management and cost efficiencies, while announcing a $3.3 billion acquisition agreement with CC Capital Partners.

Insignia Financial reported a robust 17.6% rise in underlying net profit after tax for FY25, driven by strategic cost optimisation and business simplification. The company also unveiled plans to relaunch its MLC brand and outlined confident guidance for FY26.

Insignia Financial Group reported a notable 18.5% decline in total revenue for FY2025 but achieved a strong 17.6% rise in underlying net profit after tax, highlighting resilience amid challenging conditions.

Australian United Investment Company Limited reported a modest increase in statutory profit after tax to $49.9 million for the year ended 30 June 2025, alongside a steady fully franked dividend of 28 cents per share. The company’s Pre-tax Net Tangible Asset backing rose 14.7%, outperforming the ASX 200 Accumulation Index.

QuickFee Limited posted a 25% increase in revenue to A$25.3 million for FY25, driven by strong growth in both Australia and the US, alongside a positive underlying EBTDA of A$2.4 million before a one-off credit loss provision.

Heartland Group Holdings Limited has announced an ordinary dividend of NZD 0.02352941 per share for the half-year ending June 2025, payable in September with a dividend reinvestment plan available.