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Showing 481 - 490 of 10996 results for "Account"

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
The AFSL of MWL Financial Services has been cancelled, while both its director and its compliance manager have copped bans after they allegedly helped funnel more than $150 million in investments into the Shield Master Fund. MWL recommended Shield to ...

ATO eyes SMSF illegal early access

KARREN VERGARA  |  THURSDAY, 28 AUG 2025
... commissioner's commutation authorities within 60 days using the correct reporting event and by lodging the transfer balance account report. "If an SMSF fails to respond to the commutation authority within 60 days of the notice, the member's income ...

Count sees $5.1m cost synergies from Diverger integration

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
Count has delivered positive earrings in FY25 seeing increases across all segments of the business. Revenue rose 28% to $143.6 million, underlying EBITA increased 67% to $27.7 million, statutory EBITDA was up 144% to $24.9 million and NPAT was up 89% ...

NGS Super readies for admin transformation

JAMIE WILLIAMSON  |  WEDNESDAY, 27 AUG 2025
... have invested the time to plan, test, and prepare thoroughly-with a clear focus on protecting our members' data, ensuring account security, and delivering an upgrade that truly enhances their experience with NGS Super." The fund said it has implemented ...

ASIC flags firm grip on private and public markets, super funds

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
ASIC is targeting the perfect storm of declining public market listings, booming private markets and the growing influence of superannuation funds as key enforcement priorities over the next four years, insisting that it is not sitting on the sidelines. ...

Centrepoint Alliance profits down $2.6m

MATTHEW WAI  |  WEDNESDAY, 27 AUG 2025
... early stages of commercialisation, Centrepoint Alliance said, focussing on onboarding advisers, expanding the managed account offering and completing integrations with adviser software applications. The deal with Brighter Super also saw three advisers ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... first priority has been preserving assets for the benefit of investors, but the next phase will be holding key players to account." ASIC is seeking declarations and civil penalties from the Court. In response, Equity Trustees said it is "considering ...

Former adviser back in Australia to face theft charges

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
... The funds she misappropriated were intended for clients' self-managed super funds but were instead deposited into a bank account in Pearson's business' name without their knowledge. It's also alleged Pearson told the clients the money had been invested ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
Praemium's separately managed accounts (SMA) business reported $610 million of net inflows while Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was ...

Winners named in annual IMAP Managed Account Awards

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
The Institute of Managed Account Professionals (IMAP) has announced the winners of the 2025 IMAP Managed Account Awards across nine categories, with Morgan Stanley Wealth Management Australia taking out two categories. Morgan Stanley Wealth Management ...