Magellan reports 72% performance fee rise
Funds under management at Magellan were largely flat in June as the asset manager reports a 72 per cent rise in performance fees for FY23–24.
Funds under management at Magellan were largely flat in June as the asset manager reports a 72 per cent rise in performance fees for FY23–24.
Ausbil Investment Management has announced its head of wholesale distribution is to depart after 17 years with the fund manager.
The specialist alternatives investment manager has provided an FUM update for the June quarter as its M&A activity drives net inflows higher.
The first Delivering Better Financial Outcomes bill has now passed both the Senate and the House of Representatives.
The Delivering Better Financial Outcomes bill has been passed in the Senate following amendments.
Allianz Retire+ is driven by the vision that all Australians should be able to live their lives with certainty.
Senator Andrew Bragg has released the final report of the ASIC inquiry, making 11 recommendations as to how the corporate regulator can be improved.
In this latest episode of Relative Return, host Maja Garaca Djurdjevic speaks with Justine Marquet, head of technical services at Allianz Retire+, to discuss the financial and emotional challenges that consumers face as they approach retirement.
A financial adviser describes how he reached “breaking point” over the FASEA system when he falsified his financial adviser exam result, while the judge shares why he varied his permanent ban.
With the median annual advice fee up by 58 per cent from 2018, financial advisers are being encouraged to ensure clients confidently see value in the price they pay each year.