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| | | ... Management, which has $21.9 billion in funds under advice, in a deal worth roughly $550 million. Lloyd, a high-profile figure in wealth management, has led both Perpetual Group and MLC - then National Australia Bank's wealth management division - ... |
| | | | ... that for retail investors to go into MISs often creates risks that are disproportionate to the potential gains. We need to figure out ways in which retail investors can go into MISs, but where there are sensible guardrails." Mulino also flagged lead ... |
| | | | ... 2025, representing more than 40,000 households with a reverse mortgage product. And over the 12 months to 30 June 2025, the figure was $750 million, with more than 8000 households accessing such a product for the first time. According to the survey ... |
| | | | ... Assets under custody in Australia grew to $6.2 trillion in the first half of FY26, an increase of 8.6% on the June 2025 figure, Australian Custodial Services Association data shows. In terms of individual custodians' growth, BNP Paribas' assets under ... |
| | | | The Australian economy is dealing with persistent inflation that will require two rate hikes from the Reserve Bank of Australia (RBA), according to Barrenjoey head of economic forecasts Johnathan McMenamin. Speaking on the 2026 Financial Standard Economic ... |
| | | | In the six months from 1 July 2025 to 31 December 2025, the corporate watchdog received 9686 reports of misconduct (ROMs), raising 13,036 issues, new data from ASIC shows. ASIC said the increase in ROMs was driven largely by corporate governance concerns ... |
| | | | ... fit and proper assessment of Cbus Property board member Earl Setches after he was seen dining on a yacht with underworld figure Mick Gatto last week. "The Cbus Super board has commissioned a review of the fit and proper assessment of Earl Setches, consistent ... |
| | | | 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 ... |
| | | | ... an estimated $2.46 billion in additional tax-free investment earnings in 2025. Without reform, the research said, this figure is projected to rise to more than $5 billion annually by 2030. The research also found only 45% of eligible Australians with ... |
| | | | Treasury has opened another review into the $2 trillion managed investment scheme (MIS) sector off the back of the Shield Master Fund and First Guardian Master Fund collapses. This time, the Enhancing oversight and governance of managed investment schemes ... |
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