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| | | Prime Financial Group (PFG) is set to acquire an unnamed firm that operates investment research and funds management services. PFG flagged that a confidential non-binding indicative offer has been made to the Melbourne-based firm. If the offer is successful ... |
| | | | The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs ... |
| | | | The World Economic Forum released its Global Gender Gap Report for 2024 revealing that, at the current pace, it will take another 134 years - equivalent to five generations - to achieve full gender parity. Globally, the gender gap has closed by just ... |
| | | | ... respectively. Overall, the super sector registered 2336 complaints for the period. The lion's share (52%) related to account administration, followed by issues relating to group insurance (35.7%). A minority related to death benefits (11.5%) and ... |
| | | | ... providers will no longer be able to claim a rebate for the GST component of adviser fees deducted from a member's super account. SMSFA head of policy and advocacy Tracey Scotchbrook said the timing of the Australian Taxation Office (ATO) announcement ... |
| | | | The Compensation Scheme of Last Resort (CSLR) made its first payments to four victims totalling more than $360,000, three of which related to bad financial advice. One payout of about $145,000 related to inappropriate personal financial advice provided ... |
| | | | Brighter Super has appointed a new custodian, severing its ties with NAB Asset Servicing. The $32 billion super fund chose State Street to be its custodian and back-office administrator for some 130 portfolios. The services cover fund accounting and ... |
| | | | Financial advisers shoulder much of the responsibility in helping facilitate the massive intergenerational wealth transfer that has blown out to nearly $5 trillion, according to new estimates, as recipients are largely financial illiterate and ill-prepared ... |
| | | | ... (Australian Equities) categories. Rainmaker Information conducted the analysis across the major asset classes, taking into account the products' performance, volatility, downside risk, and performance ratios. The awards were presented in line with ... |
| | | | Count has appointed a new lead for brand and experiences who recently finished up at Rest. Leah Hitchings joins the ASX-listed group as head of brand and experiences, a newly created role responsible for developing and executing Count's brand strategy ... |
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