This is a terrible result. The Dividend is down & is now unfranked!!
Renato has not produced a better result during his tenure than Kellaher.
Costs are not down. They continue to overpay remediation payments to clients.
They should sell the Advice division as it loses money. Very hard to make money out of Advice.
AGM in 3 months. Rem Report won't get up! Surely some management & board members should walk.
Ann: Insignia Financial FY23 Results Announcement, page-25
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