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Showing 31 - 40 of 2168 results for "Extra"

Lowy family takes stake in Magellan

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
The Lowy family has acquired a 5.1% stake in Magellan Financial Group via its trust Oryxium. Oryxium splashed $79 million across 9.35 million securities in Magellan to become a substantial shareholder. The major stake comes after Magellan announced ...

MLC completes full Retirement Boost rollout for advisers

RIDDHIMA TALWANI  |  MONDAY, 2 MAR 2026
... McCarthy added: "In the savings phase, it's designed to unlock the potential of a member's superannuation at no extra cost - potentially creating a higher retirement income from their first contribution. The earlier members sign-up, the more ...

Research reveals 'alarming spike' in super switching

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
... smaller amounts of super. SMC analysis found members switching to platform based super funds and SMSFs face over $160 million extra in fees and costs per year compared to if they had stayed with their profit-to-member fund. Investment and net return ...

Trump hit by Supreme Court's 'body blow', strikes back with 15% global tariff

RIDDHIMA TALWANI  |  MONDAY, 23 FEB 2026
US President Donald Trump has raised the blanket universal tariff on US imports from 10% to 15% after the US Supreme Court struck down his Liberation Day policies, deeming them unlawful. The response by the President came within a day of him announcing ...

HNWs, retirees key battlegrounds for platforms: SuitabilityHub

KARREN VERGARA  |  MONDAY, 16 FEB 2026
... to being market-linked lifetime income solutions, clients can accumulate Age Pension benefits during accumulation at no extra cost, and advisers retain flexibility over investment choice - which enables them to continue adding value to clients through ...

CFS to integrate estate planning services for members

ELIZA BAVIN  |  MONDAY, 16 FEB 2026
... million CFS members access to an online Will creation service with legal review and digital estate planning services at no extra cost. CFS said the service addresses the two most cited barriers to creating a Will: cost and complexity. CFS members can ...

Nuveen takes over Schroders for $20bn

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
TIAA's Nuveen will acquire UK fund manager Schroders for $20 billion (£9.9bn) to create a $3.5 trillion (US$2.5tn) powerhouse. Nuveen has nearly $2 trillion (US$1.4tn) in assets under management, while Schroders has $1.6 trillion (US$1.1tn). Schroders ...

Impact Alpha Partners boosts team ahead of new strategy launch

ELIZABETH FRY  |  THURSDAY, 12 FEB 2026
Impact Alpha Partners has appointed two industry veterans as it prepares to launch a new investment strategy. Lewis Bearman takes on the role of principal consultant for operations and governance, while Stevan Lambert joins as chief commercial officer ...

Tax reform uncertainty to exacerbate property sell-offs: Survey

MATTHEW WAI  |  FRIDAY, 6 FEB 2026
More investors are looking to dump property holdings if the government continues to tamper with the capital gains tax (CGT), including the phasing out of negative gearing, an industry body says. According to Property Investment Professionals of Australia ...

Future Group rejigs investment team

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026
Future Group has reshuffled its investment leadership, appointing a new chief investment officer and shifting its incumbent investment lead into a strategist role. Joe Fernandes joins the group after five years at Australian Unity, where he most recently ...