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Showing 61 - 70 of 3075 results for "Update"

Pinnacle collects large performance fees, writes down OpenInvest

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... several detractors, such as a write down of OpenInvest, could dampen its half-year results. In a 2024 half-year reporting update, the ASX-listed firm said it is owed about $12.3 million of the total performance fees earned by nine out of its 15 affiliates. ...

Macquarie Wrap rolls out new features for advisers

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
Macquarie introduced new digital features and security enhancements on Macquarie Wrap, including account-level performance reporting and a live chat function in Adviser Online. The platform's updated account-level performance reporting functionality ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... action, saying it is carefully reviewing the judgment. It added that it is also considering an appeal and will provide an update in due course. Litigation Lending backed the action and is liable for any costs.

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
A financial adviser based on Queensland's Hope Island was permanently banned by the corporate watchdog after he was found to have misled clients about potential returns and used their funds for his own expenses. Delan Pagliaccio is banned from providing ...

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
BT has forecast that the unexpected surge in Australian property values, fuelled by population growth and a housing shortage in major cities, is set to galvanise financial advice discussions focused on superannuation and tax strategies. "Good old real ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... concern, but is expected to return to the target range soon. "After delivering the first surplus in 15 years, the mid-year update shows that deficits and debt are now lower in every year of the forward estimates compared to the May Budget and are significantly ...

Hostplus ups fees on socially responsible option

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
Hostplus has notified members that the fees and costs for its Socially Responsible Investment - Balanced option are now "materially higher", blaming increased performance fees. The industry fund recently updated its Product Disclosure Statement (PDS) ...

Local housing market to reach inflection point: Research

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... diverse but generally weakening. According to the research, commissioned by NAB for its December Australian Housing Market Update, the upswing in housing values since February has been relatively thinly traded and occurred against a backdrop of low inventory. ...

Nomura offshoot fined by ASIC disciplinary panel

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... non-compliance with the Rules applicable to crossing systems," the MDP said. Finally, Instinet was considered to have failed to update its systems in line with market changes and in doing so failed to act in its clients' interests. "As a licensed market ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... October suggests that inflation is continuing to decrease, mainly due to the goods sector. However, she noted that the update did not provide much information on service inflation. "Overall, measures of inflation expectations are consistent with the ...