Latest Financial Planning News

Alice Queen Limited has clarified the allocation of funds from its $5.77 million rights issue, dedicating over half to Horn Island exploration, while confirming director Jianying Wang’s stake will remain substantial post-raise.

Sequoia Financial Group has pushed back its interim dividend payment to 3 June 2026, citing ongoing Federal Court proceedings triggered by ASIC over the contested sale of its InterPrac subsidiary.

Andromeda Metals has secured a $1.66 million cash refund from the Australian Government's R&D Tax Incentive program, reflecting $3.4 million of eligible expenditure tied to its Great White Project.

Sequoia Financial Group has called off the sale of its InterPrac subsidiary to Conquest Investment Partners, citing unmet conditions and changed circumstances that made completion unviable. The company will now explore alternative strategic paths for InterPrac.

Audalia Resources is set to raise $450,000 through a share placement aimed at funding critical mining design and permit work for its Medcalf Project, supporting its path toward development.

Sequoia Financial Group has provided an update on the proposed sale of InterPrac Financial Planning to Conquest Investment Partners, highlighting ASIC’s court action seeking receiver appointment over certain guarantees and ongoing discussions with ASX regarding shareholder approval.

Sequoia Financial Group Ltd has admitted to unintentionally breaching ASX Listing Rule 15.7 after its CEO disclosed details of the InterPrac Financial Planning sale to a journalist during a trading halt. The company is reviewing its continuous disclosure practices to prevent future occurrences.

Count Limited has announced a strategic acquisition of Oracle Group, significantly expanding its financial advice and wealth management footprint across Australia. The deal is backed by a $40.9 million equity raising to support growth ambitions.

Fatfish Group has revealed improper conduct by a former service provider that delayed its 2024 financial reporting, while outlining ongoing legal actions and a strategy to relist on the ASX within four months.

Sequoia Financial Group has agreed to sell its financial planning arm InterPrac to Conquest Investment Partners for $50,000, following a strategic review that exposed significant challenges and asset write-downs.

Sequoia Financial Group faces a pivotal shift as HUB24 stops accepting new business from its InterPrac Financial Planning advisers, prompting a strategic transition for the company’s adviser network.

EOS management, including CEO Dr Andreas Schwer and CFO Clive Cuthell, have exercised over 3.3 million share options, with the CEO set to sell a significant portion to fund personal commitments.