MACQUARIE

Financial planning

The Financial Services Council is calling on the Australian Securities and Investments Commission to include a 12-month transition period for licensees to adjust to chang...

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Funds management

Despite strong dividend payments in Australia this year, not all equity income strategies are delivering, according to DNR Capital....

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Policy & Regulation

A review from the corporate regulator of the six largest financial services institutions shows they have collectively paid or offered $1.86 billion in compensation for fe...

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Funds management

Magellan has improved its female board representation but remains below the 30% target while Macquarie has been recognised as the top financial firm, according to the Aus...

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Financial planning

The data from the Australian Securities and Investments Commission showed that the number of advisers dropped this week by 112 to 19,631. ...

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People & Products

Sean West from Macquarie and Justin Delaney from Zurich have been appointed to the board of directors....

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People & Products

Funds under administration for the Macquarie Wrap platform has passed a billion dollars this year....

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Financial planning

The regulator has increased Macquarie Bank’s liquidity and operational risk capital requirements after the firm had “persistent difficulties” in meeting its obligations....

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Funds management

Environmental, social, and governance investing momentum is expected to continue into this year with almost half of institutional investors believing oil and gas had the ...

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Funds management

The industry funds-owned IFM Investors is suggesting that the Liberal-dominated House of Representatives Standing Committee on Economics is unreasonably singling it out f...

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Funds management

The firm’s profit hit was notably due to credit and other impairment charges of $447 million as a result of the COVID-19 pandemic....

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Financial planning

Warren Acworth has been charged with offenses relating to false or misleading statements and fraud after an investigation by the corporate regulator....

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Funds management

The top-performing fund when comparing the smallest and largest active global equity funds was a $1.2 million sized fund returning 44.35% since the start of 2020, accordi...

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Funds management

Macquarie Group has ranked as the largest asset manager in Australia with US$412 billion ($583 billion), significantly greater than its nearest rival....

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People & Products

Melanie McQuire has been appointed as chief operating officer, responsible for the operating, technology strategy and platform of the business....

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Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

3 hours 25 minutes ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

4 days 21 hours ago
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...

1 week 5 days 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 2 weeks 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 2 weeks ago