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| | | Having already permanently banned former Shaw and Partners senior adviser Kristofer Ridgway, ASIC has now made sure he cannot leave or attempt to leave Australia. Interim travel restraint orders were made on June 11 following the regulator's application. ... |
| | | | New policy proposals, including indexation of the transfer balance cap and the $3 million cap present a variety of engagement opportunities for SMSF advisers, according to Investment Trends' latest report. The 18th annual edition of the 2023 SMSF Adviser ... |
| | | | Bondi-based digital wealth management platform New Quantum has signed a business combination agreement with Canna-Global Acquisition Corp to become a publicly listed company in the US. As a wholly owned subsidiary of Canna-Global, New Quantum will now ... |
| | | | More than 5000 high-net-worth individuals are expected to migrate to Australia this year. According to Henley & Partners' Private Wealth Migration Report, Australia saw a net inflow of 3800 HNWs last year. This is expected to increase substantially ... |
| | | | In a bid to improve advice practice efficiency, AMP introduced a new Record of Advice (ROA) process to the platform, while also upgrading its MyNorth Lifetime Super Calculator. The new ROA template contains pre-formatted tables and charts detailing ... |
| | | | Brookfield Asset Management (Brookfield) has offloaded its 49.95% stake in telecommunications company One New Zealand (One NZ) to infrastructure investment company Infratil. The deal has increased Infratil's ownership of the country's second biggest ... |
| | | | High-profile Australian financial services leaders have been recognised in the King's Birthday honours list, with several receiving an Order of Australia. This year, former Macquarie managing director and Financial Regulator Assessment Authority ... |
| | | | The director of investment manager Foxi Capital has been banned from providing financial services for eight years after it was found he lacked relevant qualifications and experience, and misled investors. Foxi Capital director and Responsible Entity ... |
| | | | The global high-net-worth (HNW) population dropped by 3.3% to 21.7 million in 2022, while the value of its wealth decreased by 3.6% to $124.3 trillion, according to Capgemini's latest World Wealth Report. This drop, stated by the report, is the steepest ... |
| | | | The platform, dubbed 'A-Suite', is an online content hub designed for asset owners and allocators to share insights, research and networking opportunities. A-Suite also aims to serve as a platform where peers across the globe can benchmark and share ... |
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