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| | | Netwealth is reporting a record increase in funds under administration (FUA), as it prepares to farewell its chief financial officer. In a quarterly update, Netwealth said a $6 billion increase in FUA in the December quarter has pushed its total FUA ... |
| | | | ... clients want to make a substantial investment in real estate. A survey by finance comparison site Mozo reveals that one in six Australians fork out 40% to 60% of their monthly income on home loan repayments. Nearly 40% of the 2100 mortgage holders surveyed ... |
| | | | ... emanating form the proposed taxation changed to superannuation for balanced above $3 million," he said. "Bond inflows for the past six months have increased by over 22% compared to the prior corresponding period. "This result positions us well for the ... |
| | | | Qantas Super has again reduced its insurance premiums six months after it made a round of cuts. On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement ... |
| | | | ... rate of outflow from advisers who have transitioned to a non-Powerwrap licence will continue at a similar rate for a further six to nine months." Praemium ended 2023 with $48.3 billion in total FUA, 12% more than the prior corresponding period. Despite ... |
| | | | ... Warren spent five years with ANZ, finishing as a senior product development manager. He also worked at Macquarie Group for six years in product management, superannuation, and adviser servicing roles. In his new role, based in Sydney, Warren will report ... |
| | | | Cromwell Property Group saw the value of its assets dive $192.1 million in the six months to December 2023. The amount represents a 7.5% reduction following an independent valuation. This is across eight out of nine properties. The real estate fund ... |
| | | | ... gain a competitive edge, Bitwise, ARK Invest, and Invesco have announced a strategy of offering zero fees for the initial six months, reverting to set fee rates of 0.24%, 0.25%, and 0.59% respectively thereafter. Grayscale stands out as the costliest ... |
| | | | ... record in scaling large financial services businesses. He's had an incredible impact as chief commercial officer over the past six months, and I'm excited to work with him in his new role as chief executive," he said. |
| | | | ... the Federal Court of Australia, and that Mayfair's investments were solid. ASIC had no right to take that away from nearly six hundred people like me who did their due diligence and backed the company's strategy," unitholder Bruce Golightly said. "Sadly ... |
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