Dublin-headquartered IFG reports big drop in pretax profits - Irish Times

IFG Group, the Dublin-headquartered but UK-focused financial services company, has reported a 10 per cent rise in revenue at its key subsidiaries as total assets under administration rose 14 per cent to £26.7 billion (€30.9million) last year. However ...and more »

Why IFG shares have slumped in Dublin - Sunday Business Post

Shares in financial services group IFG fell sharply in Dublin this morning after it reported a fall in profits last year. Please Subscribe or Log in to continue reading. Please Subscribe or Log in to continue reading. Subscribe Login ...and more »

Increased spend sees IFG Group's operating profit fall by 14% to £10m for 2016 - RTE.ie

The financial services company said this was due to increased investment spend as well as the impact of interest rates. Revenue at IFG's main UK subsidiaries, James Hay and Saunderson House, rose by 10% to £78.5m. Overall, pre-tax profit was 26% lower ...and more »

Profits fall at financial firm IFG by more than 25pc - Irish Independent

Profits before tax at Irish listed financial firm IFG fell by 26pc last year to £6.4m(€7.3m), according to preliminary results for 2016 released this morning. Adjusted profit at the company fell by 14pc to £10m(€11.5m) last year, while earnings per ...and more »

IFG Group's profits hit by interest rate cut - FT Adviser

Profits at IFG Group were down in 2016 as the company's platform business was hit by lower interest rates. The parent group of James Hay and Saunderson House posted profits of £5.2m for 2016 – down from £6.6m the year before. IFG Group also pointed to ...and more »

National IFA parent takes hit on discretionary launch - Citywire.co.uk

Saunderson House experienced an 8% increase in client numbers last year as the formerly advice-only business launched a discretionary service which it said will underpin in its future expansion. While the 215 increase in client numbers was down from ...and more »

IFG Group Shares Fall As Interest Rate Cut And Costs Bring Down Profit - London South East (registration) (blog)

LONDON (Alliance News) - Ireland-based financial services company IFG Group said Thursday its profit fell sharply in 2016 as it booked higher costs, and revenue growth was slowed by low interest rates. IFG, which is dual-listed in Dublin and London, ...and more »

James Hay eyes discount deals for larger advisers - Money Marketing

James Hay has said it is prepared to discuss pricing discounts for “substantial IFA businesses” as parent company IFG Group eyes further acquisitions in the platform space. Speaking to Money Marketing as IFG announced its 2016 results this morning ...and more »

Shares in Dublin and London based IFG Group slump as investors react to annual pre-tax profits - Irish Independent

Shares in the London and Dublin-listed financial services company, IFG Group, slumped this morning as investors reacted to a 26pc decline in annual pre-tax profits. Lower interest rates were blamed for the deterioration over the past financial year ...and more »

IFG's Irish departure sees profits tumble - Newstalk 106-108 fm

IFG Group, the Dublin-based financial services firm that does big business in the UK, has reported a 26% fall in pretax profits to £6.4 million for 2016. This contrasts with the 86% jump £8.6m it enjoyed to a year earlier. Adjusted operating profit ...and more »