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Showing 91 - 100 of 2187 results for "Plus"

CFS prices advice practice valuation gap at $1.1m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
... prepared for the planned and unplanned sale of their practices. The Hidden Value Report, produced in conjunction with Succession Plus, surveyed 116 practices which on average generate $2.71 million in revenue, while annual profit reported come to $848,781. ...

Linda Elkins joins AMP board, Slattery exits

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2025
Linda Elkins will be joining the AMP board, drawing on her more than 25-plus years in financial services, including top roles at KPMG, Colonial First State and Russell Investment. Starting 1 September, Elkins joins AMP Limited as a non-executive director ...

First Super reduces admin fees

JAMIE WILLIAMSON  |  TUESDAY, 5 AUG 2025
... administration fee of $1.65. It currently does not charge a weekly fee, but instead charged an asset-based administration fee of 0.38% plus 0.02% for advice. From September, the asset-based fee will be reduced to match that of accumulation members while ...

Lipman Burgon taps former Koda Capital head of research

MICHELLE BALTAZAR  |  MONDAY, 28 JUL 2025
... client portfolios," said Paul Burgon, the group's managing partner and chief investment officer. Before his nine-year-plus stint at Koda Capital, where he was also a partner, Coggins held senior positions at ANZ. He currently advises a number of ...

Picture Wealth named fastest-growing planner: report

MICHELLE BALTAZAR  |  THURSDAY, 24 JUL 2025
... Picture Wealth, said that there's more room for growth in the financial planning sector. He pointed out that of the 15,000-plus registered financial advisers, only 12,000 are client-facing to service approximately 12 million advice-ready Australians. ...

REI Super delivers double-digit returns in FY25

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
... option for the year ended 30 June 2025. Over the same period its balanced pension option achieved 11.40%, while the Growth Plus and Growth options saw returns of 14.20% and 12.52%, respectively. Meanwhile, the Stable option returned 7.84% in FY25, and ...

TelstraSuper Balanced option makes 9.3%

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... p.a. for the last financial year, lagging the median of 10.1% p.a. For the TelstraSuper's members in the Personal/Corporate Plus and TTR Income stream, the Balanced option made 6.9% p.a. over a 10-year period. Across five years it achieved 8.7% p.a. ...

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... Partners clients. As a result, the conduct was not investigated, and Lighthouse Partners failed to refund fees totalling $81,653 plus interest to those affected. Moore has been banned from performing any function and controlling an entity that carries ...

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... pay $39.3 million. This is based on 2680 AFSLs with 15,233 advisers. In essence, an AFSL will pay the minimum levy of $1500 plus $2314 for every adviser on their books. Those that provide general advice only will pay $5.2 million. There are 1122 of these ...

Fees for no service see former adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
... systems to prevent it from happening again and did not refund the fees. In total, the fees collected amounted to $81,653 plus interest. ASIC said she failed to fulfill her duties as a director while she was on leave and that she is not a fit and proper ...