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Showing 271 - 280 of 8314 results for "retail"

ASIC funding levy to charge advisers $46.2m

KARREN VERGARA  |  FRIDAY, 4 JUL 2025
... show. ASIC's Cost Recovery Implementation Statement (CRIS) report shows that advisers who provide personal advice to retail clients on relevant financial products, which comprises most of the sector, will pay $39.3 million. This is based on 2680 ...

AMP hit with multiple court filings

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... the case against AMP and Collimate Capital. AMP said the filing has arisen out of a dispute between Dexus and Macquarie Retail regarding the disposal of the Macquarie Shopping Centre, following the sale of the former AMP Capital business, and relates ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
... estimated that more than $480 million may have been invested in the Shield Master Fund from about 6000 investors. About 600 retail investors invested $160 million into Australian Fiduciaries. Meanwhile, ISG received $145 million from retail and wholesale ...

Major airport lands TelstraSuper as new investor

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... to cost about US$4.8 billion. It involves expanding and modernising existing terminals, streamlining roadways, and new retail and dining experiences. As one of the world's busiest airports, TelstraSuper said the investment in JFK will deliver long-term ...

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
... $531,839 respectively. The Military Superannuation & Benefits Fund No 1 has a median balance of $526,404. In fourth place, retail fund the Rexel Australia Superannuation Plan has $499,999 while the Perpetual Super Wrap has $435,689. Overall, AustralianSuper ...

Magellan bolsters investment and distribution ranks

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
... firm last week to focus on key accounts and research relationships. He previously spent eight years at Magellan as head of retail distribution before a short stint at Prime Value Asset Management. "Mark's knowledge of the NSW advice market and asset ...

Group insurance premiums paid by super funds up 7%

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
... nearly $15,000 below that year's peak. Across the board, annual premiums for standard death and TPD cover rose, but only for retail fund members, who paid an extra $69 on average. Interestingly, those over 45 bucked the trend, seeing a $92 average decrease. ...

Shaw and Partners splashes $63m for New Zealand expansion

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
... offering. ISG currently manages over NZ$7 billion ($6.5bn) in assets - which includes operations in wealth management, retail and institutional funds through Devon Funds, and a growing investment platform. As part of the deal, ISG's international wealth ...

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... Register and undertake a compliance program to determine if relevant providers remain authorised to provide personal advice to retail clients. From that date, AFSLs must ensure each relevant provider who intends to provide personal advice has completed ...

SMC backs principles-based approach to corporate governance

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... research shows profit-to-member super funds with equal representation boards have consistently and significantly out-performed retail funds with nonequal representation boards. They also retain more members, indicating stronger member trust and satisfaction," ...