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Showing 11 - 20 of 499 results for "netwealth"

Super funds must protect members, says Kirkland

MATTHEW WAI  |  FRIDAY, 27 MAR 2026
... revolving around Shield and First Guardian. These include 12 ongoing cases against 21 defendants. It comes as Macquarie and Netwealth have both admitted to failures in relation to Shield and First Guardian and have returned more than $420 million collectively ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... amounting to about $1 billion in superannuation savings. At the time of writing, Macquarie Investment Management and Netwealth have returned $300 million and $101 million of capital to investors respectively. Netwealth, Diversa Trustees and Equity Trustees ...

Sequoia offloads InterPrac in $50k fire sale

KARREN VERGARA  |  MONDAY, 23 MAR 2026
... adviser exodus and declining revenues, after being locked out of platforms like Macquarie, Colonial First State and Netwealth, are anticipated to reduce to nil within 12 months. "This has been accelerated by the decision of a further platform this week ...

Sequoia advances InterPrac takeover talks

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... Guardian master fund failures. Chief among its issues is being blacklisted from several platforms, such as Macquarie and Netwealth. Yesterday, Crole said the review of the retail licensee services operations is continuing. "Sequoia is considering a range ...

ASX rebalance sees DigiCo exit top 200

ELIZA BAVIN  |  MONDAY, 9 MAR 2026
... the March S&P/ASX 200 Index rebalance seeing DigiCo drop out of the top 200. As part of the March rebalance, Pinnacle, Netwealth and Lendlease have dropped out of the S&P/ASX 100. This comes after HMC Capital - the parent company of the DigiCo REIT - ...

Mega-funds grow but net cashflows steadily decline

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
... a selection of retail funds, in particular those with platform investment offerings, with funds including HUB24 and Netwealth generating strong organic growth driven by inward rollovers, and AMP Super showing improvement in member retention with a reducing ...

Local custody industry surpasses $6tn milestone

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
... in the second half of 2025. Also seeing double-digit growth in the period were BNY Mellon (17.4%), HSBC Bank (12%), Netwealth (11.2%), and Perpetual (11.1%). The top five custodians by size now are J.P. Morgan ($1.49tn), State Street ($1.08tn), Citigroup ...

Platform cybersecurity, service quality now advisers' deciding factors

MATTHEW WAI  |  FRIDAY, 27 FEB 2026
... HUB24 retaining the top overall position in 2025 and topping four categories. Macquarie Wrap led in cybersecurity, while Netwealth ranked first in service. Commenting, Investment Trends head of research Julian Cappe said platforms need to acknowledge ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
... enforceable undertakings that saw Macquarie pay $321 million to around 3000 affected Shield Master Fund investors and Netwealth pay $101 million to more than 1000 affected First Guardian Master Fund investors. "ASIC has secured record penalties in response ...

Sequoia weighs InterPrac's fate, launches review

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
... reduce product access constrained business flows has impacted the InterPrac business during the period." Last November, Netwealth and Macquarie announced they will bar InterPrac advisers from their platforms. Sequoia's licensee and adviser services division ...