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| | | ... Master Trust has posted net outflows of $1.5 billion in 1H26, an increase from $671 million in 2H25. "In the Master Trust business, advised and personal channel outflows remain challenging. We are progressing targeted initiatives to enhance AI-enabled ... |
| | | | ... over the Shield and First Guardian collapses, Equity Trustees has commenced a strategic review of its superannuation business. As part of its half year results announcement this morning, Equity Trustees said it is reviewing the strategic direction of ... |
| | | | ... $240,000. Across Australia, financial services recorded the third-highest year-on-year salary growth, with legal (+9.7%) and business support (+7.2%) leading the market and banking and financial services (+3.2%) continuing to outpace broader salary trends. ... |
| | | | HUB24 has reported a profit of $59.7 million in the first half of the financial year, up 80% from the previous year, and more than $10 billion in net inflows. It will pay a fully franked interim dividend of 36 cents per share for the period, doubling ... |
| | | | ... people do get information from ChatGPT and so forth, they do obtain it from reputable sources. Clients that come to her business typically have already done their research before setting up an SMSF and "do not wake up one day and decide they want to ... |
| | | | ... through increased contributions from strategic partnerships. "Magellan remains a cash-generative, capital-disciplined business with a strong balance sheet and stabilising flows, positioning the group well to continue delivering for client and creating ... |
| | | | ... reported closing FUA of $125.6 billion. Netwealth chief executive Matt Heine said despite the First Guardian expense, the business is entering the second half with strong momentum. "We have continued to invest in our technology, governance, data and ... |
| | | | ... superannuation, a loophole that is deliberately exploited by some lead generation firms that specifically structure their business so as to not require an AFSL. ASIC said it will continue to update the list of known entities as the information comes ... |
| | | | Centrepoint Alliance will offload its lending solutions business to Astute Financial Management to solely focus on licensee services, financial advice, managed accounts and platforms. Under the agreement, Centrepoint said it will retain the lending-as-a-service ... |
| | | | ... around $9 million." This will affect about 50 full-time equivalent (FTE) staff based in Australia. Staff in the Armenian business, Praemium RA LLC, have been made aware of the changes, Praemium said, adding they will be effective by the end of June. ... |
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