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Showing 181 - 190 of 4000 results for "Accounts"

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... members' retirement savings. On average, retirement products have a balance of $362,000 across a total of 1.4 million member accounts. This trumps the average balances of MySuper, Choice accumulation and Choice transition to retirement products of ...

Praemium partners to offer more global options

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... excellence." Last month, Praemium reported net outflows for OneVue of $322 million for FY25; however, its separately managed accounts (SMA) business received net inflows of $610 million for the period. In total, Praemium's funds under administration ...

Life insurers double earnings in FY25

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... billion. Public sector funds made a 6% gain to end up with $584.8 billion. SMSF assets, coming from a total of 653,062 accounts, rose 5% year on year to $1.1 trillion. Corporate funds were the only ones that contracted in the year, shrinking by 21% to ...

Alternatives, international equities dominate mandates

ELIZA BAVIN  |  FRIDAY, 29 AUG 2025
... mandates rose to 6007 in the March quarter of this year, according to the latest Rainmaker Mandate Chaser report. Managed accounts was the largest market segment with 2658, followed by 2368 for super, 770 for investment managers, and 211 for government ...

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... dividend of 1.75 cents per share, to be paid on October 2, bringing total FY25 dividends to 3.0 cents per share. Managed accounts funds under management grew to $423 million, a 40% increase from FY24, driven by distribution across six investment and ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
Praemium's separately managed accounts (SMA) business reported $610 million of net inflows while Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was ...

Winners named in annual IMAP Managed Account Awards

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
... professional expertise, to assessing the many entries which we receive." He also attributed the rapid growth of managed accounts to the capabilities they provide. "Managed accounts have become one of the fastest growing parts of the advice profession ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... including MLC Expand, exceeding $100 billion of FUA at the end of FY25, the launch of MLC Retirement Boost, and managed accounts FUM growing to more than $3.3 billion. "... we remain focussed on our 2030 Vision and Strategy, confident in our ability ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... $316.4 million, and on average, revenue per account was $2088, an increase of $223. The average FUA per average number of accounts was $662,000, an increase of $80,000. Net profit after tax (NPAT) increased by 39.8% to $116.5 million, while NPAT margin ...

Only half of advice practices report positive earnings: Investment Trends

MATTHEW WAI  |  WEDNESDAY, 20 AUG 2025
... profitable, success is underpinned by three key levers: higher ongoing fees, leaner cost structures, and greater use of managed accounts to deliver scale and consistency, Investment Trends said. Further, larger practices are expanding not only in adviser ...