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| | | ... was also a member of the investment leadership team. Most recently, Michael worked at Redholme Advisory, a consultancy he set up when he left HESTA. Before his four years with the superannuation fund, Sommers spent seven years at Frontier Advisors as ... |
| | | | ... around $325,000. But it's the booming private equity sector that is dishing out the big bucks, with managing directors set to take home around $412,000 a year plus super. However, the most sought-after professionals are those working within risk ... |
| | | | ... justify recommending an SMSF "without exploring what that notion of control meant to the client." In one case, an adviser set up an SMSF for a client to facilitate investments into an in-house managed account. This is the point where SMSF advice and ... |
| | | | ... uninformed," Clack said. "When we talk about advice, we have to understand that there is an advice gap in Australia. If I want to set up an SMSF to invest in property and go to my financial adviser, they cannot advise on the property," she said, noting ... |
| | | | MA Financial has acquired the Republic Hospitality portfolio in Queenstown for the MA NZ Growth Fund, an investment option for its Active Investor Plus (AIP) Visa program to streamline the pathway to residency for high-net-worth investors. The MA NZ ... |
| | | | ... The race to deliver the best solutions for financial advisers catering to the high-net-worth (HNW) and retiree segments will set platform providers apart, according to SuitabilityHub. The annual Platform Market Wrap Report revealed HNWs are the "strategic ... |
| | | | AustralianSuper has made six reform requests to the government ahead of the Federal Budget, which is set to be delivered in May. AustralianSuper head of corporate affairs Steve McMillan said the pre-Budget submission "focuses on reforms that will enhance ... |
| | | | The Fire and Emergency Services Superannuation Fund (FES Super) has reworked its default option as it looks to ensure performance test success. FES Super offers six investment options to members, the default being the Smoothed option. As of this month ... |
| | | | The changes are coming into effect on April 1 and will see a member with $50,000 charged $388 in total fees per year. From April 1, Virgin Money Super's asset-based administration fee will increase from 0.394% p.a. to 0.424% p.a. For a member with a ... |
| | | | ... "What we're not doing is examining each one of those products on the platform," added Lonsdale. "What we do though, is set rules [on] how those products are onboarded, the monitoring that needs to happen, how they're off boarded. We are in the ... |
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