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Showing 651 - 660 of 8321 results for "retail"

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... broking, novated leasing, and insurance broking. Additionally, COG said it remains focused on building a scaled company in retail funds management. "The strategic rationale for the acquisition of the CAF interest is that it builds on the first limb of ...

ASIC strips institutional broker's AFSL

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... coverage. The institutional broker, formerly authorised to provide financial product advice and custodial services to both retail and wholesale clients, retains the right to seek a review of ASIC's decision through the Administrative Appeals Tribunal. ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... the biggest fall in the MySuper benchmark fee since 2014," Antil said. "Of the MySuper products, 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 ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... trillion in transaction flows throughout the year, ongoing migration of services to the cloud, and the introduction of the new retail business, ANZ Plus. "Importantly, each of our core divisions contributed positively to the result. They all have a clear ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... for improved brand awareness and a clear articulation of the company's mission to achieve success in a competitive retail market. "We've heavily increased our spend on brand awareness, and that's a multi-year investment," he says. "We don't ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... custodian. It will safeguard a significant portion of the private keys associated with the Trust's Ether in cold storage. Retail investors, limited in their options for US-regulated ETF investments in Ethereum, have been compelled to turn to "riskier ...

VBP adds to leadership team amid Elixir acquisition

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... chief growth officer, effective immediately. Yun joins from Challenger, where she held the role of head of sales growth and retail distribution for a little over three years. Prior to that, she spent over eight years at AMP in various roles, including ...

Adviser levy discount amounts to $8m saving

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... estimates for the 2022-23 year, in June, the total cost recoveries for financial advisers providing personal advice to retail clients was estimated at $55.5 million," FAAA chief executive Sarah Abood said. "The FAAA challenged this number and the underlying ...

Australia a central focus for alternatives: Apollo

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... are being offered to investors," he said. "So, there are now products in the Australian market geared more directly to retail investors, like open-ended alternative funds." He explained such products allow local investors the ability to move into alternatives ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
More than $17.4 million has been made in compensation payments to retail clients affected by legal breaches by eight retail OTC derivative issuers, $13 million of which was paid by Binance alone. ASIC said the payments have been made to more than 2000 ...