Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 295 results for %22Wealth Central%22

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... government's Aged Care Taskforce suggests the amount paid by Australians accessing care should be determined by their personal wealth, including superannuation, rejecting the idea of an aged care levy. On the back of the Royal Commission into Aged ...

Fund selectors harbour AI bubble fears, affirm belief in its longevity

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... fine-tuning strategies with tactical adjustments within asset classes. The survey also highlighted a decade-long effort by wealth managers to balance active and passive investments, with a current allocation of 64% to active and 36% to passive. With ...

Future Fund soars to $272.3bn

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
Australia's sovereign wealth fund hit $272.3 billion in assets under management, buoyed by an 8% return for the 2023 calendar year. In a performance update, Future Fund chief executive Raphael Arndt said the fund remains resilient amidst the risks ...

Coastal Advice Group expands reach

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
The Newcastle-based group has acquired RI Brighton and Wealth for Life Financial Planning as part of its strategy to become one of the leading financial advice providers in the country. The acquisition of the firms, both based out of Adelaide, will ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... (WTL) will acquire Millennium3 Financial Services (M3) from Insignia Financial for $2 million. Under the deal, M3's 140 wealth and personal risk insurance advisers, operating in more than 75 privately owned practices across the country, will come ...

Australia a central focus for alternatives: Apollo

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... investors coming into alternatives. It was hard to identify strategies. The size of the investments that retail investors or wealth investors are making is sometimes below minimums, so you couldn't get access to the product," he said. "Historically ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Colonial First State (CFS) has scored a wealth platform and managed accounts mandate with a large financial advice firm. Viridian Advisory, which has $7 billion in funds under administration, will use CFS Edge. Having officially launched in August ...

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
... this partnership is just the latest example of the wave of disruption, consolidation and restructuring happening in the wealth management and superannuation sectors," he noted. "Future Super and GuildSuper are both creative boutique superannuation groups ...

Russell Investments executes local leadership revamp

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... and London offices. Under Hampshire's direction, the firm engaged with a broad spectrum of clients, including sovereign wealth funds, pension funds, corporate superannuation, licensee groups, and financial advisers, while delivering a range of services ...

ISPT hires development lead, offloads asset

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... years. Some of the projects he's worked on include Sydney's Barangaroo and the Queensland Gallery of Modern Art. "Tom has a wealth of experience delivering complex, city-defining development projects," ISPT chief investment and development officer Will ...
PREVIOUS
NEXT