ClearView Wealth Ltd 2019 Annual Report
Company: ClearView Wealth Ltd
Sector: Finance & insurance
Country: Australia
Year: 2019
Type: Annual Report
Pages: 160
The report describes a challenging FY19 in which the group’s underlying net profit after tax fell to $25.1 million and reported NPAT fell to $4 million. It highlights completion of a cost transformation program and strategic technology review, alongside continued expansion of ClearView’s distribution footprint. The report also states that direct consumer and financial advice remediation programs were substantially completed. ClearView LifeSolutions reached 532 approved product lists, while the Embedded Value was restated following removal of the Financial Advice client books.
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