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Showing 571 - 580 of 9260 results for "Wealth"

Australia's billionaire boom branded 'morally wrong' by Oxfam

ANDREW MCKEAN  |  TUESDAY, 3 JUN 2025
The ranks of Australian billionaires have more than doubled over the past decade, accumulating wealth at $137 million per day on average - $95,000 per minute, according to Oxfam Australia. Its acting chief executive Christina Muli described this as ...

LGT Crestone, AUSIEX acquisitions finalised

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... finalised its acquisition of FIIG Holdings, while LGT Crestone's takeover of Commonwealth Bank of Australia's (CBA) private wealth business has completed. AUSIEX, which is a subsidiary of Nomura Research Institute (NRI), has now expanded into over the ...

Superhero plans 'mass affluent' wealth play

JAMIE WILLIAMSON  |  MONDAY, 2 JUN 2025
... including managed and micro investment portfolios, as well as a portfolio management tool to help investors build long-term wealth without the need for financial advice. The new offerings will be funded by a recently completed $11 million capital raise ...

Iress completes sale of super business

MATTHEW WAI  |  MONDAY, 2 JUN 2025
... Price said. "Divesting the Superannuation business enhances our ability to focus on our high-quality core businesses of wealth and trading and market data where we see good opportunities for organic growth and higher returns for shareholders." The sale ...

Ironbark acquires family office firm

ELIZA BAVIN  |  FRIDAY, 30 MAY 2025
Ironbark Investment Partners has expanded its private wealth business with the acquisition of Mercury Private, a Sydney-based high-net-worth and family office firm. Established in May 2015, Mercury offers a range of financial services from investment ...

Apostle Fund adds two staffers

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
... those of external global partners. Additionally, he serves as an investment specialist, engaging with institutional and wealth clients on investment strategy, performance and outlook. Before Apostle, Lane held roles at BlackRock and Willis Towers Watson ...

New SMSF trustees drive financial advice uptake

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... planning," Smith said. The research found that advised SMSFs are more likely to report advice gaps around intergenerational wealth transfers (29%) and estate planning (37%), while newly established SMSFs are far more focused on tax minimisation (37%) ...

La Trobe debuts first ASX-listed investment product

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
... and will remain committed to helping Australians by continuing to provide new and thoughtful ways for them to grow their wealth. Today is another step on that journey," Andrews said. The La Trobe Private Credit Fund (ASX: LF1) is a diversified private ...

'Going corporate' key to family business success: KPMG

ELIZA BAVIN  |  TUESDAY, 27 MAY 2025
... KPMG said. KPMG Enterprise Family Business global head Robyn Langsford said the study highlighted the massive transfer of wealth in Australia which will take place over the next 15 years. Family Business Australia estimated this will total $1.1 trillion ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... Business Rollover Section Tailored Super Tailored Super Rollover Plan The initial claims also covered platform funds, being Wealth Personal Superannuation and Pension Fund and The Retirement Plan, and legacy products which were closed to new members ...