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Showing 491 - 500 of 4003 results for "Accounts"

Netwealth's share price rises following strong inflows

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... bolstered by net inflows of $0.6 billion. Netwealth experienced an 11.6% increase in account numbers, adding 5132 new accounts during the quarter, a 3.7% rise from the previous quarter. Additionally, it saw "strong momentum" in new adviser and licensee ...

Court approves wind up of Prospero Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... ensure their funds are recovered. Prospero's AFSL was suspended in December 2023 after it failed to lodge its financial accounts. The investigation was sparked by an Australian Federal Police operation that saw several of Prospero's former officers and ...

Zenith welcomes back original partner

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... portfolios since 2016 and currently manages close to $5 billion in funds under management across its range of managed accounts, including both customised and public menu portfolio options.

Former adviser slapped with 12 charges

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... been charged with 12 counts of dishonest conduct for falsifying clients' documents to access their superannuation accounts. The Downing Centre Local Court yesterday slapped the charges on David Mario Valvo while running his practice Your Financial ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... increasing effective April 4 from 85% to 87%. TelstraSuper said the superannuation guarantee benefit paid to member's accounts changing from 10% to 12% would mean most members with IP cover would pay a higher annual amount for IP cover, although there ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... options charge a range between 0.07%-1.60% p.a. depending on the option. ART has 19 investment options for accumulation accounts. Its accumulation MySuper default option is called the Super Savings Lifecycle Investment strategy. AvSuper corporate accumulation ...

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... actively working to provide information through the MyGov portal to help individuals identify if they have multiple super accounts and consolidate them into the account of their choice. The stapling measures under the Your Future, Your Super legislation ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... Meanwhile, industry funds and SMSFs are expected to dominate the post-retirement space. Again, the stapling of superannuation accounts plays a role here for industry funds, as individuals are more likely to remain members of the same fund after retirement ...

Advised investors spurring SMSF rebound

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
... AUSIEX, new SMSF account openings were driven by advised clients as the number of self-directed investors opening SMSF accounts declined. Perhaps unsurprisingly, generation X - those likely to inherit the bulk of the intergenerational wealth transfer ...

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... allowing Finder Wallet to use their capital," ASIC said at the time. Customers in Finder Earn would deposit money in their accounts which was then converted to AUD-denominated stablecoin TAUD and allocated to Finder Wallet to use for its own working ...