Overall funds under advice, administration and management (FUMA) improved from the previous quarter.
Both funds under management (FUM) and funds under advice improved 4 per cent for the September quarter to $4.6 billion and $11.3 billion respectively.
"[Results benefited] from generally positive movements in domestic and global equity markets with, for example, the ASX All Ordinaries Index up 6.5 per cent and the MSCI ACWI ex Australia up 6.3 per cent over the quarter," the financial services company said in a statement to the Australian Securities Exchange (ASX).
In August, SFG reported a reduced FUA result of $10.8 billion, a decrease of 7 per cent, and its funds under administration of $9.3 billion, a decrease of 5 per cent for the financial year ended 30 June.
The results were driven by the synergies attained from the merger and integration of Snowball Group and Shadforth Financial Group, and its other completed acquisitions, SFG managing director Tony Fenning said at the time.
SFG plans to continue its merger and acquisition strategy into financial year 2013, as well as oversee the implementation of regulatory reform responses and progress with its disciplined investment into information technology.
Adjustments to the business model are likely when exact details of corporate superannuation, group insurance and insurance inside super are known, particularly MySuper elements.
