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Showing 391 - 400 of 7409 results for "MAI"

Rest calls for super performance test reforms

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
In its submission to the government's Economic Roundtable, Rest has called for reforms to the superannuation performance test among a range of other measures. In its submission, Rest said the superannuation performance test needs to be reformed to cater ...

HUB24, Netwealth projected to overtake Insignia: Morningstar

MATTHEW WAI  |  TUESDAY, 29 JUL 2025
Morningstar has revised its forecasts for HUB24 and Netwealth, with continued strong performance from the pair pushing their valuations higher. Total shareholder returns for HUB24 and Netwealth since the start of the year to 24 July 2025 were around ...

MLC AM reduces MultiSeries management fees

KARREN VERGARA  |  MONDAY, 28 JUL 2025
MLC Asset Management reduced its management fees across its four MultiSeries portfolios, starting on June 1. For MLC MultiSeries 30 management fees reduced from 0.40% to 0.32% p.a. For MLC MultiSeries 50 and MLC MultiSeries 70, fees went from 0.45% ...

Mercer Super, Virgin Money Super members caught in Australia Post burglaries

KARREN VERGARA  |  FRIDAY, 25 JUL 2025
Mercer Super and Virgin Money Super members are the victims of an Australia Post security breach following several burglaries at its Melbourne GPO. Australia Post said the break-ins occurred between July 6 and 17 and the "theft of some mail articles" ...

Picture Wealth named fastest-growing planner: report

MICHELLE BALTAZAR  |  THURSDAY, 24 JUL 2025
A financial planning group that began life as a fintech start-up is enjoying a rapid growth phase. Picture Wealth Advisory leads the top 10 AFSLs with the highest number of new advisers in the year to June, based on a new financial adviser report released ...

Dexus rebuilds DWSF with $683m investment

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
The Dexus Wholesale Shopping Centre Fund (DWSF) exchanged contracts with Scentre Group to acquire a 25% stake in Westfield Chermside, Brisbane, for $683 million. This fresh investment comes after Dexus Funds Management launched court action against ...

Praemium reports FUA increase to $64.3bn

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
Praemium has reported funder under administration (FUA) of $64.3 billion to 30 June 2025, marking an increase of 12%. Praemium's next generation IDPS Spectrum achieved quarterly net inflows of $339 million, resulting in FUA of $2.38 billion for the ...

ASIC sues Fortnum Private Wealth

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
ASIC is suing Fortnum Private Wealth for allegedly failing to manage and comply with its cybersecurity obligations that exposed the information of its financial advisers and clients. In the NSW Supreme Court, ASIC alleges Fortnum exposed its authorised ...

Aware Super completes $1bn of acquisitions

ELIZA BAVIN  |  MONDAY, 21 JUL 2025
Aware Super has completed the acquisition of three super-prime office buildings in central London through its strategic partnership with Delancey Real Estate in the DARE platform, for a combined value of around $1.03 billion (£500m ). Aware Super said ...

Alternatives stable pushes Navigator assets higher

KARREN VERGARA  |  FRIDAY, 18 JUL 2025
Ongoing volatility continues to bolster Navigator Global Investments' (NGI) performance as its stable of active, alternative strategies saw assets under management (AUM) jump to US$86 billion at the end of June. While the global fundraising landscape ...