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Showing 361 - 370 of 18698 results for "ACT"

SMSF advice requires specialist skills, professional judgement: SMSFA

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... "We'll also examine how financial advisers, when they recommend managed accounts, comply with their obligations, including to act in the best interest of the client. SMAs can be very attractive for licencing that all parts of the product manufacturing ...

Looming Div 296 tax prompts urgent tax, retirement planning

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
... soon becoming a reality, members with large sums of wealth must consider their tax planning and retirement strategies and act with urgency, according to an SMSF expert. At the SMSFA National Conference this morning, Meg Heffron, managing director of ...

Advisers lose lead in SMSF establishments: Panel

KARREN VERGARA  |  WEDNESDAY, 18 FEB 2026
Several forces are fuelling the unprecedented rise in SMSF establishments, and while financial advisers used to be the driving force behind this, they are now getting left behind, according to industry experts - but they can reclaim their lead. New ...

Magellan profits fall, focuses on 'progress'

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
Magellan Financial saw statutory net profit after tax (NPAT) drop 27% in the first half of FY26 of $68.9 million, down from $94 million in 1H25. Magellan said statutory NPAT took a hit due to unrealised fair value movements in fund investments. Operating ...

Canadian pension fund in turmoil amid governance review

JAMIE WILLIAMSON  |  WEDNESDAY, 18 FEB 2026
A $23 billion Canadian pension fund has placed its chief executive on leave as it conducts a review into a hefty vacation payout and a workplace relationship. The CAAT Pension Plan announced yesterday it has placed chief executive Derek Dobson on administrative ...

ASIC reviews lead generators again, names advisers using them

JAMIE WILLIAMSON  |  WEDNESDAY, 18 FEB 2026
... licensee that has engaged a high-pressure referral source should consider how that arrangement fits within their obligations to act efficiently, fairly and honestly. They were also urged to consider their supervisory arrangements and to ensure they know ...

MA Financial expands hospitality portfolio in NZ

MATTHEW WAI  |  TUESDAY, 17 FEB 2026
MA Financial has acquired the Republic Hospitality portfolio in Queenstown for the MA NZ Growth Fund, an investment option for its Active Investor Plus (AIP) Visa program to streamline the pathway to residency for high-net-worth investors. The MA NZ ...

AustralianSuper expands UK fundamental equity team

MATTHEW WAI  |  TUESDAY, 17 FEB 2026
AustralianSuper, the $410 billion super fund, has appointed a head of fundamental equity research based in the UK. Maria Toneva has joined the super fund from Newton Investment Management, where she was deputy head of research for over 13 years. Prior ...

Challenger results a 'headline miss'

ELIZA BAVIN  |  TUESDAY, 17 FEB 2026
Challenger reported a statutory net profit after tax (NPAT) of $339 million, a massive 369% increase, in the first half of 2026. Normalised NPAT came increased 2% to $229 million and assets under management increased 3% to $128 billion. Despite the ...

Kapstream launches ASX-listed investment trust

RIDDHIMA TALWANI  |  TUESDAY, 17 FEB 2026
Kapstream Capital, the subsidiary of Janus Henderson Investors, will launch a listed investment trust on the ASX to meet growing demand for income products. Kapstream Investment Trust (KIT) is expected to be listed under the ticker 'KIT' in ...