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| | | ... member's balance," it said. "If the death benefit is not subsequently paid to beneficiaries before the end of the income year, it could result in a Division 296 tax liability which would otherwise not have arisen had the life insurance proceeds not been ... |
| | | | ... HUB24 entered a custody and technology solutions agreement with EQT. Some $1.5 billion was migrated to EQT in October of that year. EQT completed the transition of custody services to HUB24 in FY25. HUB24's platform FUA jumped 26% annually to $152.3 ... |
| | | | ... research found almost three quarters of Australian financial advisers (73%) used ETFs for their clients' portfolios last year, as the investment vehicle plays an increasingly significant role in managed accounts. The number is set to increase to over ... |
| | | | ... positions. ASIC said these investors incurred higher funding costs but could not profit from their opposing CFD positions. "Each year, thousands of Australians lose money trading CFDs and through our review we have helped put $40 million back in the ... |
| | | | ... markets. Peter Diamond will take on the role left behind by Magill, with both appointments to take effect on February 16 of this year. Bringing over 20 years of experience to the role, Diamond will leave his position as the current general manager at ... |
| | | | Alexis George is stepping down at AMP, with chief financial officer Blair Vernon named as her successor. George will retire from executive roles on March 30, bringing to an end more than 30 years in financial services. George joined AMP in August 2021 ... |
| | | | ... received some €160 billion in EU pandemic recovery funds, split between grants and loans, which are due to expire later this year. The use of the funds, which were largely given in expectation of reforms to overhaul Spanish business models, have acted ... |
| | | | ... management and internal controls in a serious manner with a focus on continuous improvement," the document read. Late last year, Equity Trustees managing director Mick O'Brien reiterated that ETSL does not consider itself responsible for the losses ... |
| | | | ... income managers, as well as US small-to-mid, small, micro-cap equity, and high-yield/bank loan strategies. In the financial year to 2025, superannuation funds spent more than $1.9 billion on external fund manager fees, with nearly 60% of the amount going ... |
| | | | The average Australian billionaires' wealth grew by almost $600,000 a day in the past year, or over $10.5 billion collectively, Oxfam research found. Globally, billionaire wealth jumped by over 16% in 2025, three times faster than the past five-year ... |
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