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Showing 31 - 40 of 20617 results for "Service"

EQT Mid-Market Growth Fund exceeds target

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
The Baring Private Equity Asia EQT Mid-Market Growth Partnership (MMG fund) has held its final close at $2.4 billion in total fund commitments, of which $2.1 billion is fee-generating. The raise more than doubled the fund's original target size of $1.1 ...

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Expensive retail superannuation funds have finally become competitive with industry funds after bringing down their administration fees, a new analysis by KPMG shows. KPMG found that admin fees for MySuper products have come down from 0.33% to 0.26% ...

Employees will quit on full return-to-office orders: Survey

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Financial services professionals will threaten to quit if they are forced to go into the office five days a week, a Robert Walters survey finds. The survey based on more than 2000 Australian workers found that nine out of 10 will look for a new job ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... accelerate the transformation of our risk management culture and practices, our business continuity planning and management of service providers. We will continue to work closely with APRA to finalise and deliver to an agreed plan."

Clime to offload Madison Financial Group

JAMIE WILLIAMSON  |  MONDAY, 27 MAY 2024
Clime Investment Management will sell Madison Financial Group and managed accounts platform WealthPortal to Infocus for $2 million. The sale is part of Clime's strategic decision to focus on its funds management and private wealth businesses and ...

Former licensee chief takes new role

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
Helen Blackford, formerly chief executive of Insignia Financial's licensing and professional services businesses, will now lead Nestworth Financial Strategists. Blackford has been appointed chief executive of the group, which is backed by AZ NGA. ...

ASX loses technology and data head

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
The ASX's technology and data lead is leaving the exchange. Group executive for technology and data Dan Chesterman is set to depart in the coming months to end a seven-year run with the ASX. Chesterman joined the ASX in September 2017 as chief information ...

Former Life Plan FP adviser cops ban

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
ASIC slapped a three-year ban on a former Life Plan FP financial adviser for failing to act in the best interests of clients and not being able to maintain "high standards". Gawad Nabi, who served as an authorised representative of Hobart-based Life ...

SEC approves eight Ethereum ETFs

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
The Securities and Exchange Commission (SEC) has approved eight Ethereum ETFs for BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton. This comes after the commission approved Bitcoin ETFs back in March this year. ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
After recently backflipping on changing its high-net-worth investor (HNWI) tests, the UK serves as a cautionary tale for Australia as it mulls overhauling its own wholesale investor thresholds. The UK government introduced new HNWI and sophisticated ...