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Showing 1 - 10 of 826 results for %22Wealth Today%22

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... Morningstar has maintained its fair value estimate of $26 per share for Perpetual stock, even after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday. Morningstar analyst Shaun Ler said KKR's proposed acquisition ...

Perpetual confirms KKR acquisition talk

JAMIE WILLIAMSON  |  MONDAY, 29 APR 2024
... Perpetual this morning confirmed it is in exclusive discussions with KKR over the acquisition of its Corporate Trust and Wealth Management arms. Over the weekend, the AFR reported KKR is set to acquire the business units, saying Perpetual had hoped to ...

How to win in today's wealth management industry: EY

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
To outperform in the wealth management industry, leaders must conquer several "underlying challenges" by 2030, according to an Ernst & Young (EY) report. "Overcoming these challenges is vital if wealth managers are to create value for clients, stakeholders ...

Top 10% of households home to 15 times more wealth

JAMIE WILLIAMSON  |  FRIDAY, 19 APR 2024
The average household wealth of Australia's richest 10% increased by 84% in the past 20 years, while that of the lowest 60% increased significantly less. A new report from ACOSS and UNSW Sydney's Poverty and Inequality Partnership - titled Inequality ...

James Mawhinney arrested as Mayfair 101 saga rolls on

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2024
... 101's James Mawhinney was arrested yesterday and charged with engaging in dishonest conduct for allegedly claiming IPO Wealth Group owned companies that it did not. Mawhinney has been in a years-long battle with ASIC now, with the regulator taking ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The terms of a $44 million legal settlement reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators ...

Hamilton Lane debunks private market myths

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... carrying value. The investment manager also challenged the notion of a bleak fundraising market. According to its Private Wealth survey, nearly 75% of private wealth respondents intend to increase their allocations. "... there is a massive delta between ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... superannuation gap. A new survey from Finder reveals that the cost-of-living crisis has aggravated women's long-term wealth as two-thirds (69%) admit to experiencing financial stress compared to 49% of men. Women have 53% less in total cash savings ...

Alex Dunnin bids farewell to Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... from his home in country NSW to Rainmaker's Sydney office each week. In the same period, Australia's superannuation and wealth management industry has become "an amazing, global success story," he said. "It's been an honour to help tell that story to ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
The wealth management industry has overwhelmingly welcomed the federal government's commitment to pay superannuation on the Commonwealth Paid Parental Leave scheme. The Albanese government has said, if it wins the next election, it will add superannuation ...
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