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Showing 331 - 340 of 4034 results for "Accounts"

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... AustralianSuper follows it being ordered to pay a $27 million penalty after ASIC sued it for failing to merge multiple member accounts, a case that impacted more than 42,500 members. Member services are also in the crosshairs of the government. Earlier ...

Managed accounts sector grows to $233bn

KARREN VERGARA  |  TUESDAY, 11 MAR 2025
Managed accounts assets jumped 23.2% to $232.8 billion in the year to 2024, the latest figures from the Institute of Managed Account Professionals (IMAP) show. The latest census, produced in conjunction with Milliman, reports separately managed accounts ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... it is currently in market hunting for such a deal and will shortly release more details. It will also launch a managed accounts offering in the investment-grade space and a BBSW +300 managed discretionary account (MDA) that will target investors wanting ...

Praemium names interim CFO

KARREN VERGARA  |  WEDNESDAY, 5 MAR 2025
... months, Wamsteker said Praemium launched Spectrum for high-net-worth (HNW) clients, repriced its core separately managed accounts (SMA), rebounded from the impact of adviser exits, restructured operations offshore and returned earnings to shareholders. ...

GDP edges higher, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... private spending contributed to the growth, supported by a rise in exports of goods and services," ABS head of national accounts Katherine Keenan said. GDP per capita grew 0.1% this quarter following seven consecutive quarterly drops. "Economic growth ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... with insurance is on the rise. Legislative changes in 2019 made insurance opt-in for those with low balances, inactive accounts, or those aged under 25 - taking a sledgehammer to the number of people insured through superannuation for death benefits. ...

Freezing order slapped on First Guardian Master Fund, Falcon Capital

KARREN VERGARA  |  MONDAY, 3 MAR 2025
... sell, charge, mortgage, or dispose of the properties, as well as withdraw, transfer, or deal with money held in bank accounts. A Federal Court hearing is due to take place on March 14. Furthermore, Falcon is the responsibility entity of the Chiodo Diversified ...

Clime Investment Management lands new strategic partnerships

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
... lineup, reconfigures operations, and scouts new investment opportunities. Clime's direct FUM through separately managed accounts and discrete portfolio services, managed funds, and a listed investment company was $1.6 billion. "Our focus is on refining ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... Standard (SMARS) has launched to address the complexities and confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA Standard Pty Ltd. SMARS ...

GDG sees profits soar $74m

ELIZA BAVIN  |  FRIDAY, 28 FEB 2025
... completed its acquisition of Lonsec Group which added $75.1 million. GDG also said it was now a leader in the managed accounts sector thanks to its acquisition of Evidentia Group and merger with Lonsec Investment Solutions with a combined funds under ...