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Showing 1021 - 1030 of 3272 results for "Associate"

BDM salaries to drop

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... base salary with a few exceptional BDMs receiving more than 75% of their base salary as a bonus. Business development associate's (BDAs) bonuses normally range between 10% - 20% of their base salary," Riva said.

Adviser salaries unchanged: Research

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... $120,000 and $160,000. Financial advisers with five to 10 years' experience can expect between $90,000 and $120,000. Associate advisers with less than five years of experience are generally paid between $75,000 and $95,000. The expectation of bonuses ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
Netwealth will charge fund managers $2000 for each fee rebate arrangement, saying its costs of administering them have gone up. The platform business allows fund managers to offer fee discounts to financial advisers, licensees or managed accounts providers ...

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
IOOF has recorded an increase in funds under management, advice and administration of 3.4% to $202.3 billion while also increasing remediation provisions by $80 million. The wealth manager is expecting an underlying profit from continuing operations ...

NULIS calls for clearer regulatory definitions

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
NULIS said it intends to explore opportunities to enhance its intra-fund advice offering, but requires more concise regulatory definitions before it can proceed. In a written response submitted to the House of Representatives Standing Committee on Economics ...

IPOs halve off the back of COVID-19

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
Initial public offerings (IPOs) on the ASX reduced dramatically as a result of the pandemic in the first half of this year with just 12 new listings compared to 23 in the same period last year, according to the latest HLB Mann Judd IPO Watch report. ...

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
A joint-agency investigation into an elaborate $17 million fraud has resulted in charges against 12 people. Australian Federal Police (AFP) investigators executed search warrants at 10 locations across Sydney, nine in south-east Queensland and two in ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
The consortium that saved Australian Associated Press' newswire will get no return on their investment, with contributors donating anywhere between $3000 and $1 million at the close of the financial year. Led by impact investor Nick Harrington and philanthropist ...

Iress wins mandate

KANIKA SOOD  |  MONDAY, 20 JUL 2020
A Sydney boutique has picked Iress's portfolio system for its high-conviction Australian equities funds. Quest Asset Partners has been using Iress's trading and market data software since the firm's inception in 2004. It will now also use Iress's portfolio ...

Super to tip into negative cash flows: Research

ELIZABETH MCARTHUR  |  MONDAY, 20 JUL 2020
... sustainable for short to medium term and the result will be additional pressure on funds to merge or cut costs," Right Lane associate principal Abhishek Chhikara said. "Our research has found that increased withdrawals from the 'early release' ...