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Showing 981 - 990 of 16387 results for "Client"

FAAA calls for stronger consumer protections in advice reforms

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
... government's goal of increasing access to financial advice, however, stressed that retirement planning advice involves diverse client circumstances, complex products, long-term horizons, numerous interdependencies, and multiple risks, with high levels ...

MA Financial partners to invest $2.6bn in middle market loans

MATTHEW WAI  |  WEDNESDAY, 7 MAY 2025
The joint venture, which includes three partnering institutions, is aiming to establish a differentiated platform focused on the US middle market. MA Financial Group, Monroe Capital and Sumitomo Mitsui Banking Corporation (SMBC) will invest up to US$1.7 ...

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
ASIC is again taking action against Macquarie Bank for "multiple and significant compliance failures" relating to its futures-dealing business and over-the-counter (OTC) derivatives trade reporting. The failures have been undetected for many years ...

Platinum to lose $1bn mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
Platinum Investment Management is set to lose a sizeable institutional mandate at the end of the week. The ASX-listed manager disclosed it received notice overnight that an institutional mandate worth about $958 million is to be terminated. The termination ...

Magellan sees $1bn monthly outflows

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
... developments that will position the group well for future growth. "The last six months has seen MFG continue to foster strong client relationships and innovate its product offering. Our distribution platform remains a competitive strength, and we have ...

Ellerston Capital awards distribution mandate

JAMIE WILLIAMSON  |  TUESDAY, 6 MAY 2025
... after Mainstream was acquired by Apex Group. "I have known Sodor Capital's founder Martin Smith for over 10 years as both a client and an investor in his previous business Mainstream Group," Ellerston Capital chief investment officer David Keelan said. ...

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... Australian financial services licence of Brite Advisors after the now-defunct investment and pension firm failed to compensate a client, triggering a payout under the Compensation Scheme of Last Resort (CSLR). The regulator cancelled Brite Advisors' ...

Platinum merger no cure for active managers' challenges

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... don't expect meaningful upside from cross selling opportunities," Ler said. He noted that L1 Capital has a more diversified client base and questioned whether Platinum's underperforming products would resonate with those clients. Moreover, Platinum's ...

Labor wins: What super, advice industries want

ELIZA BAVIN  |  MONDAY, 5 MAY 2025
Industry groups representing financial advice and superannuation have congratulated Anthony Albanese and the Labor government for the overwhelming federal election win over the weekend. Super Members Council (SMC) said it is looking forward to working ...

Finchley & Kent adopts Padua Solutions tech suite

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025
... partnership signifies an exciting step forward in supporting advisers to better manage their businesses and deliver exceptional client outcomes," Padua chief executive Matthew Esler said. "Finchley & Kent's fresh approach to advice aligns perfectly with ...