Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 9320 results for "wealth"

Australia welcomes 25k to millionaires' club: UBS

KARREN VERGARA  |  MONDAY, 6 JUL 2026
... 25,000 last year thanks to booming property values and fat superannuation balances, according to the latest UBS Global Wealth Report. The number of Australian millionaires increased by 1.6% over the year, minting 25,089 people to high-net-worth status. ...

ASIC ceases a further 26 authorisations after review

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
ASIC has completed the review on the Financial Advisers Register (FAR) relating to compliance with the qualifications standard that took effect on 1 January 2026, as adviser numbers plummeted below 15,000 entering the new financial year. The review ...

ASIC makes first move since putting private credit on notice

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
The market watchdog has made interim stop orders against two products operated by Stratfund, suspecting deficiencies in the target market determinations (TMD) for both products. Offered under the Australian Fixed Income Fund, the products in question ...

Australian Unity names new wealth chief

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... Kerr, who departed the organisation last year. Balaji Gopal will join the firm as chief executive and group executive for wealth and capital markets on August 24, replacing Adam Vise who has been in the role at an interim basis. Gopal has more than 20 ...

WT Financial bets on scaling advice practices

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
... to its first Hubco investment, Titan Advice Group (TAG). It is divesting from its subsidiaries Vesta Partners and Vesta Wealth Partners to TAG, which helps high-quality advice practices corporatise, access growth capital and build enterprise value. WT ...

Perpetual rejects $2.5bn takeover offer

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... said looking at the business, the turnaround prospects for asset management are not straightforward. "It's likely that the wealth and corporate trustee arms offer more appeal to EQT, while it would look to stabilise asset management, divest segments ...

Centrepoint completes $3m client book acquisition

VINNY VUCAGO  |  THURSDAY, 2 JUL 2026
Centrepoint Alliance has completed the acquisition of the client books and employed advisers from Cairns Wealth and Pinnacle Wealth further expanding its salaried financial advice business. The ASX-listed advice group confirmed final settlement of the ...

Bell Potter launches private wealth platform

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
Bell Financial Group (BFG) has launched Bell Potter Private Wealth (BPPW), a new platform that helps service its 300,000 clients with $92.1 billion in funds under advice. The platform centralises investment advice, portfolio management and consolidated ...

Tribunal shortens financial adviser's five-year ban

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
... until 31 August 2026 or from taking any steps involved in divesting his interest in that entity. Henry worked at Endorphin Wealth for 12 months before moving to Orion Financial Planning in March 2023 and then to BNR Financial Services, according to LinkedIn. ...

Esencia seals third merger

VINNY VUCAGO  |  WEDNESDAY, 1 JUL 2026
Esencia Wealth has continued its national expansion strategy, merging with New South Wales-based Cove Financial Group in a deal that brings around 650 clients and four financial advisers into the business. The Shellharbour-based advice firm is Esencia ...