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Showing 811 - 820 of 11001 results for "Account"

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
... 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 ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
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 ...

Iress expands wealth team with multiple new roles

ANDREW MCKEAN  |  WEDNESDAY, 22 JAN 2025
... 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 ...

Bell Financial absorbs 75k Macquarie accounts

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
... "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 hires from Centuria

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
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 shutters Xplore Wealth MDA services

ANDREW MCKEAN  |  TUESDAY, 21 JAN 2025
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 ...

Vanguard fined US$106m for investors' massive tax bill

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
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 ...

ETFs, global equities dominate retail portfolios: Data

MATTHEW WAI  |  TUESDAY, 21 JAN 2025
... 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 ...

Where to invest when local equities look expensive

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
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 ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... 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 ...