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Showing 331 - 340 of 8314 results for "Retail"

IAM to bring managed account with syndicated loan access to market

MATTHEW WAI  |  WEDNESDAY, 16 APR 2025
... can provide that, with the added benefit of institutional-style creditor protections that simply don't exist in the retail hybrid market." Perpetual has been appointed as the standard custodian, supported by trustee services from Trustees Australia ...

Webull launches SMSF account offering

ANDREW MCKEAN  |  MONDAY, 14 APR 2025
... citing a Productivity Commission report that found SMSFs with balances under $500,000 tend to underperform industry and retail funds after expenses and tax. The SMSF Association, however, which commissioned research from the University of Adelaide, begged ...

Apex awarded $2.3bn fund admin mandate

MATTHEW WAI  |  MONDAY, 14 APR 2025
Apex Group has been appointed to provide fund administration and transfer agency services for four retail products of an Australian credit manager, effective today. Mutual Limited will transition administration of the Mutual Cash Fund, Mutual Income ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... an ASIC investigation thereafter, it found that many investors were advised to roll their superannuation assets into a retail choice superannuation fund and then invest into the First Guardian Master Fund. Some investors received advice to set up self-managed ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... it had "reasonable grounds" to believe the AFS licensees authorised a financial adviser, who gave personal advice to a retail client in relation to "relevant financial products" without being registered. ASIC said registration requirements are an "important ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
... and international equities index ETFs, A200 and BGBL, while also offering no brokerage costs on its Direct platform for retail investors. The spokesperson also said smart beta ETFs are being "widely adopted" by investors seeking potential outperformance ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
... effective May 31. UGC, which is now in liquidation, began providing financial services, including financial advice, in 2017 to retail and sophisticated investors. ASIC's investigation into UGC found it advised prospective clients to establish SMSFs ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
... with industry trends and investor sentiment. "Actively managed exchange traded funds, such as PAXX, have become the clear retail investor preference for all but niche, less liquid asset classes such as real estate, private equity and private credit," ...

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... Diversa is the trustee of several of APRA-regulated superannuation funds via an extended public offer licence. These include retail master trusts, corporate funds including defined benefits, platforms or wraps, pooled superannuation trusts, and risk-only ...

Fortitude Investment Partners acquires majority stake in SMSF audit firm

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
... technology. Fortitude said it sees "significant growth" in the SMSF sector, which is traditionally challenging for many retail investors due to cost, complexity and accessibility barriers. The takeover sees ASF Audits founder Chris Atkins depart the ...