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| | | ... March 2025 there will be an update to product disclosure documents. There will be an introduction of a $300 annual cap per account for the Netwealth Super Accelerator on the operational risk financial requirement cost. Netwealth said the move will reduce ... |
| | | | Insignia Financial has opened its books to Bain Capital after it matched CC Capital Partners' revised takeover offer. It comes as the wealth giant reports several achievements, including growth in its alternatives business. After CC Capital lobbed a ... |
| | | | ... platform Volt.io, where she served as vice president of Australia. Iress also appointed Tom Cochran, formerly a national account manager at Morningstar, as head of partnerships. He'll work with other technology solutions, licensees, and product providers ... |
| | | | ... "We're pleased that customers will continue to access the benefits of our powerful and secure Macquarie Cash Management Account via the Bell Direct and Desktop Broker trading platform," McArdle said. "Macquarie Cash Management Account and any other accounts ... |
| | | | Australian Unity has appointed Vijitha Yogavaran to the newly created role of fund manager for its Healthcare Property Trust (AUHPT), effective 20 January 2025. Yogavaran will assume responsibility for the oversight, management and external representation ... |
| | | | HUB24 plans to shut down its Xplore Wealth Managed Discretionary Account (MDA) services next year, with discussions underway with financial advisers to explore alternative options. The Xplore Wealth MDA has around $2 billion in funds under administration ... |
| | | | The Securities and Exchange Commission (SEC) charged Vanguard US$106.4 million for "materially misleading" investors in the Investor Target Retirement Funds (Investor TRFs) about their future tax liabilities. The failings relate to Vanguard dropping ... |
| | | | ... Online Investing Report found that investors are increasingly interested in ETFs and international equities, which now account for a combined 20% of an individual investors' portfolios, up from 17% in the first half of 2024. In particular, it found ETF ... |
| | | | Australian equities are richly priced, yet local portfolios remain heavily skewed towards the domestic market; investors have avenues to seek out diversification and better value, according to Morningstar market strategist Lochlan Halloway. Australian ... |
| | | | ... retirees' incomes by up to 25%. "Relying on personal financial advice to deliver better retirement incomes than solely account-based pensions drawn at the minimum is unnecessary and unrealistic. Good-quality advice would steer most retirees towards ... |
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