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Showing 431 - 440 of 9370 results for "Fee"

Canaccord Genuity buys Wilsons Advisory

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... will continue to be involved in the business, Canaccord Genuity said. The combined wealth operations will have $17 billion in fee-generating client assets and about $42 billion in funds under advice. Meantime, the merged capital markets division will ...

ASIC warns of 'sharp rise' in financial misconduct

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
New data shows a significant rise in the number of misconduct reports made to ASIC, with more than half of the complaints impacting retail investors. ASIC's half-year reports of misconduct data shows that there were 7561 reports of misconduct from 1 ...

MLC Expand adds general manager

JAMIE WILLIAMSON  |  WEDNESDAY, 20 AUG 2025
MLC Expand appointed a general manager, platform development and digital experience. Joining from HUB24, Heidi Press will be responsible for the design and delivery of the next iteration of the MLC Expand wrap platform. She brings more than 20 years' ...

Only half of advice practices report positive earnings: Investment Trends

MATTHEW WAI  |  WEDNESDAY, 20 AUG 2025
The latest findings from Investment Trends reveal that only half of financial advice practices report positive momentum when it comes to profitability. The 2025 Adviser Business Model Report shows that profitability in the sector continues to improve ...

Vinva, Barrenjoey buoy Magellan's earnings

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
... $1.7 billion. Total investment management revenue declined by 12% at $245.7 million due to a reduction in average management fee to 61bps and lower performance fees. The group's total AUM, however, grew 8.2% year on year to $39.6 billion, largely driven ...

ASIC turns spotlight on direct life sales

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
ASIC is warning life insurers to do better when it comes to their direct sales practices that have placed doubt on their compliance obligations and put consumer outcomes at risk. While some life insurance firms have improved since ASIC's 2018 review ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... billion, down 4% year on year. The unit reported normalised NPAT increasing 41% to $52.7 million, driven by higher total net fee income, which was up 8% to $187.7 million. "Challenger Investment Management expanded its leading asset origination capability ...

Adviser banned for UGC, Shield involvement

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
... Advice were also found to include projections that were misleading and deceptive, ASIC said. He allegedly increased his advice fee significantly when he "placed clients in more complex and onerous SMSF environments compared to their previous APRA regulated ...

VanEck goes for growth with new ETF

MATTHEW WAI  |  MONDAY, 18 AUG 2025
... broader investor population, GWTH can provide "convenient access" via the ASX at a fraction of the typical active management fee, VanEck said. As with other smart beta strategies, the ETF utilises a systematic, rules-based approach that targets outperformance. ...

Leaders push for overseas skills recognition

ELIZA BAVIN  |  MONDAY, 18 AUG 2025
Industry group leaders and politicians have come together to urge the government to prioritise reform of Australia's overseas skills recognition system at this week's Economic Reform Roundtable. In its submission to the Economic Reform Roundtable, the ...