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Showing 61 - 70 of 8993 results for "Financial services"

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... composition of the six-member board boasted five non-executive directors, among whom three possess "relevant" financial services expertise, alongside executive chair Andrew Formica. Morningstar also commended Magellan for being an innovator of new products ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... control over how they spend their retirement savings but are willing to seek professional advice to do so, a new Financial Services Council (FSC) survey finds. The poll of 2500 superannuation members conducted by C|T Group found that an overwhelming ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... allegedly deceived people he knew into handing over $100 million to invest in companies he owned without a financial services licence. ASIC commenced proceedings in the Federal Court on Wednesday, alleging David Paul Hodgson of the Sunshine Coast provided ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... median APRA-regulated super fund decreased 5.1%. The University of Adelaide's International Centre for Financial Services (ICFS) research, commissioned by the SMSF Association, noted that the 4.1% margin marks the widest gap recorded in six years. ...

Jailed adviser permanently banned by ASIC

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... Consumer Protection Act, ASIC can permanently ban someone who is convicted of fraud. He can now never provide financial services; perform any function involved in carrying on a financial services business; control an entity that carries on a financial ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Research commissioned by the Financial Services Council (FSC) reveals that within the next decade, nearly one-fifth of Australian households will become eligible to purchase wholesale products without retail consumer protections. Accordingly, the research ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... markets Nicholas O'Kane. Macquarie's annuity-style divisions, Macquarie Asset Management (MAM) and Banking and Financial Services, saw a decline in their combined net profit for the December 2023 quarter, impacted by fewer asset realisations and continued ...

Claremont Global launches ETF range

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
... pharmaceuticals, utilities, or resources. Rather, Desmond said, the fund invests in essential non-leveraged financial services, well-established technology companies, healthcare (excluding pharmaceuticals), business service providers, niche high-margin ...

Centric hires chief client officer

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... before departing following a strategic review. Centric stated that Morris's extensive experience in the financial services industry and his ability to understand client requirements and provide solutions that exceed expectations align seamlessly ...

Count drops $4.1m on SMSF services company

CHLOE WALKER  |  MONDAY, 12 FEB 2024
... management team at Solutions Centric will provide a strong platform for growth and support to the accounting and financial services industry in Australia." The acquisition is expected to complete before March 31.