Insignia Financial Ltd. (ASX: IFL)

Australia flag Australia · Delayed Price · Currency is AUD
3.560
-0.040 (-1.11%)
Dec 20, 2024, 4:10 PM AEST
56.14%
Market Cap 2.38B
Revenue (ttm) 1.94B
Net Income (ttm) -185.30M
Shares Out 667.93M
EPS (ttm) -0.28
PE Ratio n/a
Forward PE 9.73
Dividend n/a
Ex-Dividend Date n/a
Volume 3,717,160
Open 3.600
Previous Close 3.600
Day's Range 3.530 - 3.640
52-Week Range 2.040 - 3.725
Beta 1.53
Analysts n/a
Price Target n/a
Earnings Date Jan 23, 2025

About Insignia Financial

Insignia Financial Ltd. provides financial advice, platforms, and asset management services in Australia. The company offers financial services solutions on superannuation and investments to clients including investors, employers, members, and advisers. It also provides financial advisory, various financial products and services, and investment management services on behalf of institutional, retail, and direct clients. The company was formerly known as IOOF Holdings Ltd. and changed its name to Insignia Financial Ltd. in December 2021. The comp... [Read more]

Sector Financials
Founded 1846
Employees 2,000
Stock Exchange Australian Securities Exchange
Ticker Symbol IFL
Full Company Profile

Financial Performance

Financial Statements

News

Insignia Financial Gets $1.7B Takeover Bid From Bain Capital

Australian wealth manager Insignia Financial received a $1.7 billion non-binding takeover proposal from Boston-based Bain Capital.

8 days ago - The Wall Street Journal

PE giant Bain Capital zeros in on $2b Insignia; BofA on hand

Street Talk understands Bain Capital is running the ruler over ASX-listed over $2 billion ASX-listed financial services giant Insignia Financial.

9 days ago - The Australian Financial Review

Former ASIC commissioner joins Insignia Trustees

A former ASIC commissioner will join Insignia Financial as the chair of its trustees business on September 19.

3 months ago - Financial Standard

Insignia Financial hires expert to boost brand exposure

Insignia Financial appointed Wylie Fowler as its general manager of brand strategy, as it looks to revitalise the MLC brand.

4 months ago - Financial Standard

Insignia Financial books $185m loss, halts dividends

The costs associated with the wealth giant's transformation and increased remediation provisions have resulted in a $185.3 million net loss and the need to pause dividends as it undertakes a strategic...

4 months ago - Financial Standard

Insignia Financial Appoints Dave Woodall as CEO Amid Major Overhaul

Insignia Financial has named Dave Woodall as the CEO of its superannuation business, effective November 1. This move is part of the wealth manager’s significant reorganization of its operational model...

5 months ago - CEOWORLD magazine

ART executive takes lead super role at Insignia

After announcing his departure from Australian Retirement Trust yesterday, Dave Woodall has been named chief executive of superannuation at Insignia Financial.

5 months ago - Financial Standard

Insignia Financial looks to slash redundancy entitlements

The Finance Sector Union (FSU) is calling on Insignia Financial to rethink a proposed overhaul of redundancy pay arrangements after the wealth manager tabled a plan to cut entitlements by more than ha...

5 months ago - Financial Standard

Insignia Financial flags more remediation ahead

Insignia Financial has warned its upcoming FY24 results will be impacted by "a significant increase in remediation for legacy quality of advice" issues.

5 months ago - Financial Standard

Insignia Financial overhauls operating model, executive team

Just a day after denying it has engaged Citi to consider takeover offers, Insignia Financial has overhauled its entire operating model and executive lineup.

5 months ago - Financial Standard

Insignia Financial to Invest Billions in Global Private Credit

The fund is primarily looking for deals in the US and Europe.

6 months ago - Wealth Management

Insignia research, retirement income head to depart

Insignia Financial has confirmed its head of research and retirement income is set to leave the business as part of an ongoing wider change.

7 months ago - Financial Standard

Former licensee chief takes new role

Helen Blackford, formerly chief executive of Insignia Financial's licensing and professional services businesses, will now lead Nestworth Financial Strategists.

7 months ago - Financial Standard

Insignia FUM grows by $11bn, completes platform migration

Insignia Financial has given a quarterly business update, seeing funds under management grow 3.9% to $312.3 billion.

8 months ago - Financial Standard

Chief member officer leaves Insignia Financial

Insignia Financial is on the hunt for a new chief member officer for its superannuation business, confirming the departure of Anne Coyne.

8 months ago - Financial Standard

Insignia details transformation progress

Insignia Financial's share price is up some 12% after it posted a marginal increase in underlying profit and reported all its strategic priorities being on-track.

10 months ago - Financial Standard

Former AMP executive steps into top job at Insignia Financial

Scott Hartley will step into the role in March, after a career working at wealth and superannuation giants including MLC and Sunsuper.

11 months ago - The Australian Financial Review

Insignia Financial names chief executive

Scott Hartley will succeed Renato Mota as chief executive of Insignia Financial, effective March 1.

11 months ago - Financial Standard

Insignia Financial touts strong start to FY24, simplification

Insignia Financial has reported more than $300 billion in funds and named a chief client officer to run the newly created client wellbeing arm as it progresses its simplification strategy.

11 months ago - Financial Standard

Insignia Financial class action dismissed by court

Just days before Christmas, an Insignia Financial shareholder class action borne out of the Royal Commission was dismissed, with the judge saying there was no evidence provided to prove the group brea...

1 year ago - Financial Standard

John Wylie’s share fund draws new commitments, avenging down year

Tanarra Capital’s investments in publicly traded companies has forced change at a number of under-pressure companies like Healius and Insignia Financial.

1 year ago - The Australian Financial Review

New enhancements to Expand, CFS Edge

Insignia Financial (Insignia)'s flagship platform Expand Essential has made enhancements to its menu, while Colonial First State (CFS) has added new options to CFS Edge.

1 year ago - Financial Standard

Insignia, WT Financial complete Millennium3 transfer

Just weeks after the acquisition was announced, Insignia Financial and WT Financial Group have finalised the transfer of Millennium3, adding 75 practices to the latter's network.

1 year ago - Financial Standard

Insignia Financial finds buyer for Millennium3

WT Financial Group (WTL) will acquire Millennium3 Financial Services (M3) from Insignia Financial for $2 million.

1 year ago - Financial Standard