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Showing 1111 - 1120 of 3363 results for "Wealth management"

NAB, Nippon lock heads over MLC

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
... classifying the disputes as a "contingent liability." NAB has flagged on several occasions that divesting its wealth management arm will be delayed to FY20. NAB chief financial officer Gary Lennon commented in a media briefing that such disputes are ...

ASIC suspends advice group AFSL

ELIZABETH MCARTHUR  |  THURSDAY, 2 MAY 2019
... online platform for financial advisers to manage their business. His LinkedIn states that he was director at J&A Wealth Management, which was deregistered by ASIC at the beginning of last year.

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... conjunction with the transfer of its administration business Freedom is considering alternatives to exit Spectrum Wealth Management. Subject to successfully exiting this business, Freedom will have exited all its operating businesses," it said in company ...

CountPlus acquires stake in advice firm

KARREN VERGARA  |  TUESDAY, 30 APR 2019
... in Rundles Prime and a 10% stake in Rundles Financial Planning, which were subsidiaries of Prime Accounting & Wealth Management (PWM). It receives $2.695 million for the transaction. Prime Financial Group flagged last year that it will continue to wind ...

ME Bank adds new chair, directors

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... and financial services industries, having spent over 10 years at Commonwealth Bank as chief risk officer of wealth management. He has also previously served as chair for Suncorp Portfolio Services and as a non-executive director of the Australian Infrastructure ...

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... Super (-$1.5bn), BTFG (-$1.46bn) and ANZ Wealth (-$1.1bn) recorded the largest outflows. KPMG head of asset and wealth management Paul Howes said: "Despite the increased volatility in the market and greater competitive pressures, the superannuation industry ...

Freedom to divest all operations

KARREN VERGARA  |  MONDAY, 15 APR 2019
... shareholders. After transferring the admin business, it intends to offload Sydney-based financial advice firm Spectrum Wealth Management, after which it would have exited all operations. Furthermore, Freedom flagged it will have "exited all its operating ...

Bravura circles competitor

KANIKA SOOD  |  FRIDAY, 12 APR 2019
The wealth management software firm has made a proposal to acquire another ASX-listed fintech that could value the latter at up to $170 million. Bravura Solutions submitted a non-binding indicative proposal to acquire all shares of GBST Holdings for ...

Super funds hungry for global stocks, alternatives

KANIKA SOOD  |  THURSDAY, 11 APR 2019
... collected by Rainmaker. There are 1095 individual investment management firms operating in the broad Australian wealth management market. Rainmaker identifies 638 investment manager groups that have secured at least one institutional mandate. Who is ...

Financial adviser salaries revealed

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2019
... total experience can earn between $50,000 and $75,000 per annum. The figures represent the benchmark salary for wealth management professional in Melbourne and Sydney, inclusive of superannuation. They do not take into account potential bonuses. In regards ...