ASX

Superannuation

As superannuation funds grow in assets, NAB chief executive, Ross McEwan, is concerned they will hold excess influence over firms as large shareholders in the future....

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Features

As initial public offerings recover after a slowdown in the pandemic, particularly in the small-cap space, funds are divided in their support of them, Laura Dew writes. ...

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Financial planning

The cessation of grandfathered rebate revenue has driven down the group’s adjusted net profit after tax to $7.444 million for FY21....

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Funds management

Exchange traded fund investors are expected to approach gender parity in the next five years as the number of female investors steadily grows. ...

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People & Products

ASX shares and exchange traded funds will now have a minimum commission of $5, while US shares and ETFs will be US$4....

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Funds management

A pair of State Street Global Adviser funds were the first exchange traded funds to launch on the exchange and Money Management looks at what those investments are worth ...

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People & Products

Insurance profit after tax saw 42.4% growth during FY20 as it exited underperforming products while its wealth business was sold to LGIAsuper....

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Funds management

Australian assets flowing into global equity strategies reached $1.6 trillion in the first half of the year as funds in this sector return more than 20% year to date....

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Policy & Regulation

The Government’s resources would be better put to use exploring the regulatory impact on consumers and funds from continuous tinkering to the system rather than on capita...

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Policy & Regulation

A parliamentary inquiry will be looking into the implications of capital concentration and common ownership from banks, superannuation funds, investments funds, and hedge...

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Financial planning

Funds under administration on the HUB24 platform grew 141% to $41.4 billion in the last financial year as the firm saw 48% growth in adviser users. ...

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Financial planning

Praemium has reported quarterly inflows to amount to $1.2 billion while total funds under administration achieved record $41.7 billion. ...

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Funds management

While Wilson Asset Management is seeking mispricing opportunities in the listed investment company space, this does not necessarily mean those selected are underperformin...

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Funds management

Technology stocks had a “rocky month” in May, with the S&P ASX 200 Information Technology sector losing 10%. ...

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Superannuation

Kohlberg Kravis Roberts and Co has put in an offer to buy Link’s 44.18% share of PEXA while the firm still explores the possibility of an IPO. ...

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 1 hour ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 2 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago