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| | | At its annual general meeting today, Macquarie Group chair Glenn Stevens provided a board update, including the introduction of three bank-only, non-executive directors (BOND) to the Macquarie Bank board. Stevens stated that, as previously noted to ... |
| | | | ... businesses and said that as of June 30 there were 1600 active financial advisers in its network. "As flagged in the last update, the MLC Advice and Bridges businesses were brought together during the quarter under one brand and culture, resulting in ... |
| | | | ... the start of July, Aliro requested a further two weeks' due diligence and then, on July 15, requested another week. In an update this morning, AUIREL said Aliro Group has advised it is unable to submit an updated proposal at this time, citing a deterioration ... |
| | | | Treasury has commenced consultation on adjusting how the Your Future, Your Super performance test is applied to faith-based products, releasing draft legislation. Under the legislation, APRA would be allowed to consider the religious affiliation of ... |
| | | | ... in terms of percentage growth in platform FUA year on year. In the Q4 FY22 result, HUB24 also gave investors a business update where it said that its digital reporting feature which enables advisers to customise client presentations in real-time is now ... |
| | | | ... Netwealth's annual net inflows increased 32% from the prior year to $13 billion, according to its June 2022 quarterly business update to the ASX. The platform and investments business realised funds under administration (FUA) net inflows of $2.7 billion ... |
| | | | ... merger. Australian Ethical's membership will also increase by about 30,000, bringing it to more than 90,000. There was no update as to what the merger means for Christian Super's leadership team, but Australian Ethical did state that there will be no ... |
| | | | The fund manager's latest update shows its funds under management have dipped to $61.3 billion. Magellan said the changes reflected market movements and outflows. Over the June quarter Magellan saw outflows of $5.2 billion - $1.7 billion from the ... |
| | | | ASIC has released guidance for superannuation calculators and retirement estimates, while also updating relief around how super funds can provide retirement estimates to members. RG 276 outlines what super funds need to do to rely on the existing relief ... |
| | | | The liquidators in charge of recovering money on behalf of Melissa Caddick's victims are hoping to sell the house in the coming weeks. Principal of Sydney Sotheby's International Realty Michael Pallier has been picked by Jones Partners to sell ... |
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