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Showing 31 - 40 of 3776 results for "Accounts"

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... shareholders would own 75% of Platinum's shares, with existing shareholders owning the balance. Platinum explained that this accounts for the combined entity receiving participation in performance fees related to the first 5% of absolute returns ...

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... Commission charged Brite Advisors USA with custody rule breaches and fiduciary failures for directing client assets into accounts controlled by its Australian affiliate, which allegedly used them as collateral to fund the business. In the UK, Brite's ...

Coalition's super on PPL plan 'deeply worrying'

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... undermines progress toward closing the gender super gap. It ignores the fact that women retire with 25% less in their super accounts than men and are the fastest-growing group entering poverty in retirement."

JP Morgan AM hires from Vanguard

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
... the rapidly growing market. Stefania Vivarini is credited with launching Vanguard's ETF-based separately managed accounts. Vivarini - who has two decades of investment product distribution experience under her belt - was most recently the national ...

Global X China Tech ETF in the works

ANDREW MCKEAN  |  THURSDAY, 1 MAY 2025
... revenue growth is steady, margins are expanding, and cash flow resilience is emerging. China's digital economy currently accounts for over 45% of its GDP and is forecast to exceed 55% by 2030. Global X argues that innovation leaders across semiconductors ...

AUSIEX to acquire FIIG Securities

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... stealing highly sensitive client information such as names, addresses, birth date, driver's licences, passports, bank accounts, and tax file numbers. The data was then released on the dark web. The breach occurred after a FIIG employee downloaded ...

Platinum mulls L1 Capital merger

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
... shareholders would own 75% of Platinum's shares, with existing shareholders owning the balance. Platinum explained that this accounts for the combined entity receiving participation in performance fees related to the first 5% of absolute returns ...

Smaller super funds unfairly burdened by regulatory levy model: CPA

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
... for medium-sized fund members and 11.1% for those in small funds. More than 1.5 million Australians hold superannuation accounts with a super fund with less than $20 billion in assets, CPA Australia noted. Webb said members of smaller super funds were ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... access was an ongoing issue. In one instance, an unnamed super fund confirmed 112,603 members were unable to access their accounts. In that instance, members who suffered financial losses were compensated a total of $15,605. "IT system upgrades must ...

Future Group confirms more mergers ahead, undertakes review

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
... used by about 97,000 members to fund life insurance premiums in a tax-effective structure. It also has superannuation accounts with funds under management totalling about $200 million. The insurance policies for these members that are transferred, which ...