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Relative Return Insider: The push for holistic tax reform

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In this episode of Relative Return Insider, host Keith Ford is joined by Accountants Daily journalist Imogen Wil

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WT Financial backs second ‘Hubco’ for advice duo

WT-Financial/AFSL/M&A/financial-advice/

WT Financial has announced its second “Hubco” with a combined valuation of $7.8 million, while its first one has successfully incorporated and is now making its own acquisitions.

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Litigation costs dent AMP 1H25 NPAT

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Remediation and litigation costs have led AMP to announce a reduced statutory net profit after tax of $98 million for the first half of 2025.

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Fixing the PY pipeline: Addressing the challenge for licensees

py/new-entrants/professional-year/AFSLs/education/

Stakeholders in the professional year discussion underscore the challenges in the current pipeline and what is holding back licensees from taking on new candidates.

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Overseas affiliates drive Pinnacle FUM in FY25

Pinnacle/Ian-Macoun/financial-results/

| By Miranda Brownlee |

Funds under management at Pinnacle Investment Management are approaching $180 billion, helped by a substantial jump in FUM from its overseas affiliates.

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CFS makes debut private equity allocation in JPMAM partnership

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Colonial First State has partnered with JP Morgan Asset Management to make its inaugural private equity allocation, continuing the firm’s expansion into unlisted asset classes.

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Betashares launches new Australian equity ETF

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Betashares has expanded its equity range, launching its latest Australian equity ETF and reducing the management fee on its existing global dividend ETF.

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Warakirri launches global small-cap fund in international partnership

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Warakirri Asset Management has partnered with US-based investment manager ClariVest to give Australian retail and wholesale investors access to the firm’s global small companies strategy.

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Global X challenges Vanguard with low-cost Aussie equity ETF

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Global X has come out fighting in the race to the bottom for ETF fees with an Australian equity ETF offering fees of just 0.04 per cent per annum, less than half those of the $20 billion Vanguard Australian Shares Index ETF.

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Director pleads guilty to unlicensed product advice

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A former director has pleaded guilty to providing financial product advice without holding an AFSL which saw almost $2 million transferred to him.

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