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Showing 51 - 60 of 9314 results for "Wealth"

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
The Australian government is backing the Greens' policy to put a stop on self-managed superannuation funds (SMSFs) from purchasing residential properties with any capital assistance, arguing the sector is currently gating nearly two million properties ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
... having been thrown in the mix by Diversa Trustees. Praemium this morning announced, together with Powerwrap and One Vue Wealth Services (OVWS), it received notices of a cross-claim from Diversa Trustees relating to ASIC's proceedings taking action ...

NZ Super extends Movac relationship with $35m investment

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
... cornerstone of Movac growth funds for the past decade. NZ Super has consistently been one of the top performing sovereign wealth funds globally, and we're fortunate and grateful to be the only NZ VC to have them as an investor. "We have our first Growth ...

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |  TUESDAY, 23 JUN 2026
... interim capacity in May 2026. Bringing more than 30 years' experience across Australian and global leadership roles in wealth and funds management, Shanahan was known for his dual responsibilities of chief financial officer and chief operating officer ...

Evergreen founder exits Ascalon Capital

KARREN VERGARA  |  MONDAY, 22 JUN 2026
... a new venture. Ascalon acquired Evergreen Consultants in late 2025 in a bid to strengthen its position in the domestic wealth management market by leveraging Evergreen's independent research, disciplined portfolio construction and high-touch client ...

Equity Trustees opts out of super trustee business

RIDDHIMA TALWANI  |  MONDAY, 22 JUN 2026
... year. It said this is part of a strategic repositioning to focus on its core corporate trustee services and trustee and wealth services businesses. ASIC recently commenced a second proceeding in the Federal Court against ETSL, alleging failures in care ...

Kudu acquires minority stake in Drummond Capital Partners

MATTHEW WAI  |  MONDAY, 22 JUN 2026
... minority stake in boutique investment manager Drummond Capital Partners as it looks to expand scope across the domestic wealth management industry. Kudu's investment, although undisclosed, is structured as a "minority, non-controlling stake", with no ...

ATO reveals highest paid jobs, postcodes

VINNY VUCAGO  |  FRIDAY, 19 JUN 2026
... covering Hawthorn and Toorak, ranking second nationally with an average taxable income of $277,708. Sydney's traditional wealth enclaves remained well represented, with Bellevue Hill, Vaucluse, Rose Bay, Double Bay and Mosman all appearing in the ...

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
ASIC has banned Brett Newbound of Victoria, a financial adviser and the sole director of Freedom Wealth Services, which has subsequently lost its Australian financial services licence (AFSL). According to ASIC, Newbound was found to have forged client ...

Alexander Funds names new chief executive

ELIZA BAVIN  |  THURSDAY, 18 JUN 2026
... services leadership. He most recently served as general manager, distribution and marketing within Australian Unity's Wealth & Capital Markets division. He began his career with J.P. Morgan Investment Management before moving to Merrill Lynch in ...