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| | | ... this as easily as possible." "This partnership with CFS removes the back office drag associated with connectivity and account opening by seamlessly connecting with Midwinter AdviceOS. Together, we are working to transform the industry through digitalisation ... |
| | | | MLC Asset Management has appointed a director of institutional distribution and consultant relations. Former Schroders Investment Management head of intermediary sales Ian Anderson is the new hire. Anderson previously led a sales team at Schroders ... |
| | | | Australian Retirement Trust will welcome a new chief financial officer in October. It comes as the fund also adds three new leadership positions to its investments function. Phil Fraser will take over as chief financial officer on October 1, replacing ... |
| | | | Bell Financial Group posted a net profit after tax of $16.6 million for the half year to June 30, a 50% increase on the prior corresponding period, while revenue rose to $138.7 million, up 18.3%. The diversified financial services and wealth management ... |
| | | | ... changes to super law. "The trustee fee currently forms part of your administration fees and costs (0.0165% p.a. of your account balance) and investment fees and costs (0.0155% p.a. of your account balance invested in non-Choiceplus investments)," it ... |
| | | | ... outperformance," he said. The company's net revenue rose to US$363.1 million, up 53.1%, primarily driven by management fees, which account for 95% of total revenue. It also charges a performance fee for some clients, payable on surpassing certain performance ... |
| | | | The US regulator has filed charges over a $453 million Ponzi scheme that saw more than 2000 investors' retirement savings spent on luxury yachts, private jets and more. The Securities and Exchange Commission (SEC) obtained a preliminary injunction ... |
| | | | Fiducian Group has reported that its underlying net profit after tax (NPAT) has risen 17% to $17.7 million in FY24, while its statutory net profit after tax increased 22% to $15 million. Fiducian's underlying earnings per share grew 17%, from 48 ... |
| | | | Although fundraising for APAC private debt funds has faced challenges in recent years, Preqin says the market is "ripe with opportunities." Fund managers that overcome challenges related to investor perception and risk management can succeed in the ... |
| | | | Australian Securities and Investments Commission (ASIC) commissioner Simone Constant did not hold back when addressing superannuation trustees at an industry event yesterday. Constant said the regulator expects much more from super funds in being transparent ... |
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