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| | | ... revenue by over 140% in 2023. It has expanded its digital advice offering into cash management, lending, and most recently, lower-risk investments with its Automated Bond Portfolio. "The company is well-positioned to capture the $35 trillion held by ... |
| | | | ... access to equivalent products with higher net investment returns driven by both higher expected investment performance and lower fee structures, it states. "There is $132 billion invested in superannuation and investment options that could benefit from ... |
| | | | The government has kicked off its consultation on merger rules and processes to improve competition and productivity while lowering costs to ensure better outcomes for Aussies. According to the government's Merger Reform consultation paper, Australia's ... |
| | | | ... allow super funds and advisers to compile a financial plan or offer a more compelling flagship solution at a significantly lower cost than today." He is beginning to see some support for this idea and hopes it will emerge as a second phase of the Quality ... |
| | | | ... promoting fairness in the super system. Doyle noted that many of the fund's members, often in part-time or casual roles with lower incomes, typically retire with modest savings and rely on a mix of retirement savings, the Age Pension, and other government ... |
| | | | HUB24's new Discover offering is aimed at early-stage wealth accumulators and later-stage retirees, providing cost-effective access to a streamlined selection of managed portfolios. The Discover offering, now available on HUB24 Invest, Super and Pension ... |
| | | | ... fees are now level for retail and not for profit funds." Regarding MySuper products, not-for-profit funds generally have lower administration fees, in contrast to retail funds which typically offer lower investment fees. Meanwhile, personal and retirement ... |
| | | | ... 500,000 customers and over $10 billion in deposits." According to Elliott, the cost of operating ANZ Plus is materially lower than its existing retail business. Australia Commercial was its highest returning division and delivered 11% revenue growth ... |
| | | | ... Pacific Current Group (PAC) has hit a snag as the former's major shareholder River Capital imposes its own conditions and a lower offer price. River Capital has undercut the original $11 offer to be paid in cash for very PAC share via a scheme of arrangement ... |
| | | | ... "certain behavioural assumptions to estimate retail client losses caused by the breaches of the PIO, which resulted in a lower compensation amount than an amount calculated as if the provider had not issued the over-leveraged CFDs at all." Those same ... |
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