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Showing 1021 - 1030 of 4010 results for "Accounts"

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... on 12 occasions. Such advice contained recommendations to either establish an SMSF; rollover existing superannuation accounts into the SMSF; and purchase a property via the SMSF. Court documents show that Statements of Advice were prepared "was made ...

Pinnacle affiliates reach $85bn AUM

KARREN VERGARA  |  THURSDAY, 20 MAY 2021
... billion of new inflows, most of which came from institutional investors. About $1.2 billion new money came from offshore accounts secured for seven affiliates across public and private pension plans, sovereign funds, endowments, wealth managers and insurance ...

Super funds under $30bn should merge: APRA

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... said. Rowell pointed out the improvements in superannuation including introduction of MySuper and reduction in multiple accounts. But called out things that needed to improve including current directors with 20-year tenures on super boards. "[Funds talk ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... the annual report to be finalised,or incurring the cost of two whole-of-membership communications. Final and audited accounts are generally signed off by the end of September but then need to be added to the printed document which can take a number of ...

Keep COVID-19 in perspective: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
... ago, Ruthven said. He projects that by 2025, Asia Pacific will account for 36% of global GDP. Currently, Asia Pacific accounts for 34%. The region's percentage of global GDP has grown consistently since dropping to 16.3% in 1950. However, in 1970 ...

Boutique hires from Deloitte

ANNABELLE DICKSON  |  TUESDAY, 18 MAY 2021
Boutique managed accounts provider Watershed Funds Management has appointed an equity analyst from Deloitte. Graeme Miller was a senior consultant in Deloitte's investment wealth and advisory practice. He was previously an analyst at Victor Smorgon ...

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... women who participated in the consumer poll did not have any superannuation savings at all. The people who drained their accounts tended to come from lower levels of education, are currently unemployed or in low-income households. "The legacy of this ...

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... their long-term goals, such as retirement. China has a high savings rate, but most of that money is currently in bank accounts, where it is generating only a small amount of interest. For China to address its retirement challenge, these assets must be ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
... arrangements and are disincentivised to cut fees further," Briggs said. "Whilst funds that have very large numbers of duplicate accounts in the default system who are now increasing their fees are being rewarded for making themselves look cheaper than ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... over the coming four years and $1 million per year thereafter to facilitate the transfer of unclaimed super to KiwiSaver accounts. And something that isn't expected to incur any cost, the government has said it will look to restore previously available ...