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Showing 121 - 130 of 908 results for %22ADM Capital%22

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... In some cases, the poor advice resulted in the clients' SMSFs being insufficiently diversified and exposed to risk of capital loss, ASIC said. Justice McEvoy said there is no evidence that reasonable investigations into the products or alternatives were ...

ETFs, smart beta grow in popularity

CASSANDRA BALDINI  |  FRIDAY, 16 SEP 2022
Financial advisers continue to be engaged with ETF strategies, with 88% using them to boost client portfolios in Australia this year. The annual VanEck Australian Smart Beta Survey collected data from 650 Australian financial advisers and brokers; the ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... on financial advice failures. "Our collective goal should be a compensation scheme that is rarely required as adequate capital levels and professional indemnity insurance obligations for financial advisers result in minimal unpaid AFCA determinations," ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... the fund was 'best performing' and presented past returns without sufficiently prominent warnings. Meanwhile, Boutique Capital as trustee for the Wealthlander Diversified Alternative Fund updates its website and advertisements after ASIC spotted past ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
... making good progress executing on its strategies supporting revenue growth, investment in product and technology and strong capital management to deliver higher returns for shareholders. "The lifetime value of our client relationships sits at $25.7 billion ...

Fiducian sees record inflows, eyes expansion

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
Fiducian has recorded an underlying profit increase of 11% and seen record net inflows of $309 million, as it sets its sights on New Zealand, Japan, South Korea and Thailand. Reporting to the ASX, Fiducian said its underlying net profit for the year ...

WA financial services director banned for six years

CHLOE WALKER  |  MONDAY, 15 AUG 2022
... fund's management. Following the misconduct, Hutchinson went on to become an authorised representative of United Global Capital. Between October 2021 and April 2022, she contacted two investors about potential returns by rolling over their investments ...

Charter Hall sells half-stake in office fund to GIC

ANDREW MCKEAN  |  MONDAY, 15 AUG 2022
... pre-eminent office precincts. He added that this transaction has provided Charter Hall's flagship office wholesale fund with capital to expand its Melbourne office portfolio via the acquisition of Southern Cross Towers and to further invest in forthcoming ...

HESTA, ISPT ink first direct healthcare property deal

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2022
... in this sector. "We have an opportunity to combine ISPT's resources and expertise with our investors' aligned capital and our operator partners to ensure ongoing investment into the important healthcare and life sciences sector, which is a major ...

Besen-backed firm buys babywear group

CHLOE WALKER  |  THURSDAY, 11 AUG 2022
... Arcus Partners is co-founded by Daniel Hong and chaired by Andrew McGill, founding partner of private equity firm Crescent Capital Partners. Besen is a director on the firm's board. Entrepreneur Julie Mathers, who sold her online retail business ...