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| | | ... With already $1.3 billion in funds under advice, Black Kite targets technology and healthcare businesses operating in the lower and mid-market range, earning between $10 million to $250 million in annual revenue. Founders David Odgers, Adrian Kerley ... |
| | | | ... harm," SMC said. The analysis revealed super switching was up 17% over the past year and is dominated by Australians with lower super balances, not by wealthier pre-retirees. In 2024-25, 68% of Australians who were switched out of five large, high performing ... |
| | | | ... contemplated offer with Trian, including no financing outs, full specific performance protection for Janus Henderson, a lower client consent closing condition, a lower termination fee, and no requirement for Janus Henderson to make a payment to Victory ... |
| | | | ... same time, platforms continue to navigate the trade-off between value and cost, many providers are introducing simpler, lower-cost investment menus, the report noted. The findings underscore how platform competitiveness is increasingly defined not by ... |
| | | | ... key difference, McMenamin noted, between the domestic and other economies around the world is that Australia has a much lower unemployment rate prior to the pandemic. He highlighted that Australia's labour market has proven to be extremely resilient. ... |
| | | | ... insurance market." "Our purpose remains clear: to make life insurance more accessible for Australians and their families, at a lower cost to serve, driven by a streamlined business and technology model." The result coincides with ClearView entering into ... |
| | | | ... headwinds during the half. Market-related revenue increased, driven by more buoyant equity markets; however, this was offset by lower non-market revenue particularly in fiduciary markets and risk advisory," Reilly said. Perpetual also reported $58.8 ... |
| | | | ... reported underlying NPAT of $6.7 million in the first half of FY26, down from $15.3 million in 1H25. The loss reflected lower distributions, management fees and interest income, but was partly offset by lower interest expenses and reduced corporate costs. ... |
| | | | ... when assessing Age Pension eligibility. Last week, minister for social services Tanya Plibersek, announced a rise in the lower deeming rate to 1.25% for financial assets under $64,200 for singles and $106,200 for couples. The upper rate will rise to ... |
| | | | The Environmental Defenders Office (EDO) claims changes the super fund made to its Global Environmental Opportunities (GEO) option last year have resulted in members being misled. The Environmental Defenders Office has made a formal complaint to ASIC ... |
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