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| | ... its March quarterly update, Praemium chief executive Anthony Wamsteker said the Powerwrap scheme experienced $53 million in new outflows for the quarter. "This was a significant retreat from the elevated $334 million in net outflows of the previous quarter. ... |
| | | ... change each year. UniSuper said premiums will be more equitable and members will get better value from their cover due to new terms and conditions. The new arrangement with MetLife also includes access to the 360Health program for both UniSuper members ... |
| | | ... upcoming merger which will "... build scale and spread our costs over a bigger membership base." The fund will also offer two new pre-mixed investment options to its members - a defensive option and moderate option. Both will also be offered to pension ... |
| | | Cryptocurrency and the sharing economy are two hotspots the Australian Taxation Office (ATO) will target this financial year as too many investors continue to blunder their tax returns. With a horde of investors jumping on the cryptocurrency bandwagon ... |
| | | A new private equity fund launched by MLC Private Equity has raised US$762 million ($1.2bn). The fund, MLC Private Equity Partners, invests in global middle-market private equity opportunities and co-investments in sectors such as healthcare, technology ... |
| | | Brisbane-based financial advice firms Eureka Whittaker Macnaught (EWM) and Blue Harbour Financial Partners, which are part of AZ NGA, have announced their merger. The merged entity will operate under EWM chief executive and co-founder Greg Cook and ... |
| | | ... double-digit underlying NPAT growth. It said it was "future proofing" the business to prepare for regulatory changes and a new cohort of financial advisers that are engaging customers by social media, podcasts, and digital tools. The life insurer said ... |
| | | ... research team will continue to assess the managers and their suitability, with additions or replacements made as necessary, or as new opportunities are uncovered. This may include managers that are otherwise closed to new money or not immediately available ... |
| | | Betashares is readying to launch Australia's first moderately geared ETFs on the ASX, as part of its new 'Wealth Builder' product suite. The ETFs, which are expected to offer a gearing ratio of 30-40%, aim to allow investors to benefit from the long-term ... |
| | | ... including sales, opportunity management, CRM, and ongoing relationship management. "We've seen hundreds of billions of dollars of new relationships now being managed on Practifi," Johnstone said. Lumiant chief executive Blake Wood, who took over from ... |
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