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Showing 1031 - 1040 of 4011 results for "Accounts"

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 ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... highlights the masterstroke of the government when a few years ago they stared down protests to introduce the 3% fee cap on accounts below $6000. Let us not forget that if you need a government sponsored fee cap to protect you from high fees, you're ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... insurance policy. The regulator also alleged the fund deducted insurance premiums to the tune of $1.5 million from the super accounts of 1300 members who did not hold cover. ASIC's proceedings sought declarations, pecuniary penalties, injunctions relating ...

Macquarie Wrap reaches new milestone

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
... platform and our broader wealth management offering." Nearly half the funds on Macquarie Wrap are in super and pension accounts, while separately managed accounts have surged from $3.3 billion in 2019 to $5 billion. The platform has an open-architecture ...

Former adviser cops eight-year ban

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... advantage by deception. It is alleged Saad illegally obtained funds between $1000 and $28,000 from 168 client superannuation accounts for a total of $1.4 million from Nulis Nominees Australia, the trustee of the MLC Super Fund between November 2016 and ...

ANZ profits up 45%, dividends double

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... Australian retail and commercial segment, ANZ became the third largest home lender after adding 92,000 new home loan accounts. In institutional business, its market share in clearing services in Australia and New Zealand grew to 58% from 50% at November ...

The other side of the ETP growth story

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 MAY 2021
... was pipped at the post; Vanguard had the most inflows with 27% growth, while BetaShares had 26%. He added that managed accounts have been experiencing a very similar growth trajectory to ETPs, with about $80 billion now invested through managed accounts ...

Milford hires from Macquarie

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
... distribution, joining from Macquarie Bank where he was responsible for building and executing key account strategy in managed accounts and cash management. Regan van Berlo, who has been head of distribution, Australia since November 2018, will now serve ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... analysed APRA and ATO data and found that once the mergers that have been previously announced are finalised, 77% of member accounts will be managed by 12 funds all with assets under management of over $50 billion. KPMG defined mega funds as those with ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement". The US National Accounts released the day after backs up the Fed's statement. Preliminary estimates showed that the US economy expanded at ...