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Showing 21 - 30 of 499 results for "netwealth"

Netwealth reports HY loss after $100m payment to First Guardian victims

ELIZA BAVIN  |  WEDNESDAY, 18 FEB 2026
Netwealth has reported a half year net loss of $2.2 million after refunding more than $100 million to victims of the First Guardian Master Fund collapse. Excluding the First Guardian expense, Netwealth said net profit after tax would have grown 19.9% ...

HNWs, retirees key battlegrounds for platforms: SuitabilityHub

KARREN VERGARA  |  MONDAY, 16 FEB 2026
... propositions, non-custodial administration services and expand access to sophisticated investments. HUB24 Private Invest and Netwealth Private are examples, both structured as wholesale-only propositions to enable greater flexibility and efficiency in ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
... billion in retirement savings, according to ASIC. In December 2025, APRA accepted a court enforceable undertaking from Netwealth and imposed licence conditions on Diversa Trustees and Equity Trustees to address investment governance-related concerns. ...

Impact Alpha Partners boosts team ahead of new strategy launch

ELIZABETH FRY  |  THURSDAY, 12 FEB 2026
... Real Asset Capital Partners, sits on the trustee board of Qualitas Securities, and serves as an independent director at Netwealth Super. Incidentally, Bearman rejoins ex-colleague and Blue Orbit chief executive Adam Randall, who joined Impact Alpha Partners ...

New vertical integration model to sprout in 2026: Report

KARREN VERGARA  |  FRIDAY, 23 JAN 2026
... the margins, and incentive to support firms in taking the self-licensed path. According to Plan for Life, HUB24 and Netwealth now command some 80% of all net inflows, underscoring a potential oligopoly emerging. "They have 9x Iress's market cap and ...

Netwealth's APRA-mandated governance overhaul underway

RIDDHIMA TALWANI  |  THURSDAY, 22 JAN 2026
Netwealth said its APRA-mandated investment governance overhaul is underway and is being led at the executive level. This was part of its agreement with ASIC in December under which it said it will repay $101 million to super members who accessed the ...

EQT stands firm on defence, blames ASIC, third parties

KARREN VERGARA  |  MONDAY, 19 JAN 2026
... governance frameworks and practices, including oversight of platform investment options made available to members. However, Netwealth has admitted it did not sufficiently assess the First Guardian Master Fund before making it available to super members ...

Cordis AM winds up only fund

ELIZA BAVIN  |  THURSDAY, 15 JAN 2026
... management. The fund was previously available on a range of platforms including Macquarie, Colonial First State, HUB24, Netwealth and Mason Stevens. Financial Standard understands investors have been notified of the fund's closure by Equity Trustees ...

Praemium governance executive joins MST

ELIZABETH FRY  |  THURSDAY, 8 JAN 2026
... Elisha Cheah, a former Mercer staffer. Before joining Praemium in 2018, Cilmi was a senior investment research analyst at Netwealth, overseeing SMA approvals and investment strategies issued by Netwealth Investments. From 2010 to 2016, he worked as a ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
... admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First Guardian ...