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| | ... detect unauthorised fee transactions conducted by third parties, such as financial advisers, on customer cash management accounts. ASIC chair Joe Longo said fraud controls were increasingly important and the case against Macquarie has sent an important ... |
| | | ... About seven years later, it's still yet to achieve such numbers. As at December 2023, Spaceship had 21,340 member accounts and $773 million in assets. The fund it's merging into, OneSuper, has recently received a significant boost when ING's ... |
| | | ... bolstered by net inflows of $0.6 billion. Netwealth experienced an 11.6% increase in account numbers, adding 5132 new accounts during the quarter, a 3.7% rise from the previous quarter. Additionally, it saw "strong momentum" in new adviser and licensee ... |
| | | ... ensure their funds are recovered. Prospero's AFSL was suspended in December 2023 after it failed to lodge its financial accounts. The investigation was sparked by an Australian Federal Police operation that saw several of Prospero's former officers and ... |
| | | ... portfolios since 2016 and currently manages close to $5 billion in funds under management across its range of managed accounts, including both customised and public menu portfolio options. |
| | | ... been charged with 12 counts of dishonest conduct for falsifying clients' documents to access their superannuation accounts. The Downing Centre Local Court yesterday slapped the charges on David Mario Valvo while running his practice Your Financial ... |
| | | ... increasing effective April 4 from 85% to 87%. TelstraSuper said the superannuation guarantee benefit paid to member's accounts changing from 10% to 12% would mean most members with IP cover would pay a higher annual amount for IP cover, although there ... |
| | | ... options charge a range between 0.07%-1.60% p.a. depending on the option. ART has 19 investment options for accumulation accounts. Its accumulation MySuper default option is called the Super Savings Lifecycle Investment strategy. AvSuper corporate accumulation ... |
| | | ... actively working to provide information through the MyGov portal to help individuals identify if they have multiple super accounts and consolidate them into the account of their choice. The stapling measures under the Your Future, Your Super legislation ... |
| | | ... Meanwhile, industry funds and SMSFs are expected to dominate the post-retirement space. Again, the stapling of superannuation accounts plays a role here for industry funds, as individuals are more likely to remain members of the same fund after retirement ... |
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