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Showing 1131 - 1140 of 11010 results for "Account"

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Prime Financial Group (PFG) is set to acquire an unnamed firm that operates investment research and funds management services. PFG flagged that a confidential non-binding indicative offer has been made to the Melbourne-based firm. If the offer is successful ...

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
The World Economic Forum released its Global Gender Gap Report for 2024 revealing that, at the current pace, it will take another 134 years - equivalent to five generations - to achieve full gender parity. Globally, the gender gap has closed by just ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... respectively. Overall, the super sector registered 2336 complaints for the period. The lion's share (52%) related to account administration, followed by issues relating to group insurance (35.7%). A minority related to death benefits (11.5%) and ...

GST rebate changes worsens cost of advice: SMSFA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... providers will no longer be able to claim a rebate for the GST component of adviser fees deducted from a member's super account. SMSFA head of policy and advocacy Tracey Scotchbrook said the timing of the Australian Taxation Office (ATO) announcement ...

CSLR makes inaugural payments

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
The Compensation Scheme of Last Resort (CSLR) made its first payments to four victims totalling more than $360,000, three of which related to bad financial advice. One payout of about $145,000 related to inappropriate personal financial advice provided ...

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
Brighter Super has appointed a new custodian, severing its ties with NAB Asset Servicing. The $32 billion super fund chose State Street to be its custodian and back-office administrator for some 130 portfolios. The services cover fund accounting and ...

Advisers shoulder massive wealth transfer

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
Financial advisers shoulder much of the responsibility in helping facilitate the massive intergenerational wealth transfer that has blown out to nearly $5 trillion, according to new estimates, as recipients are largely financial illiterate and ill-prepared ...

Macquarie AM bags top manager gong

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... (Australian Equities) categories. Rainmaker Information conducted the analysis across the major asset classes, taking into account the products' performance, volatility, downside risk, and performance ratios. The awards were presented in line with ...

Count names brand, experiences head

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
Count has appointed a new lead for brand and experiences who recently finished up at Rest. Leah Hitchings joins the ASX-listed group as head of brand and experiences, a newly created role responsible for developing and executing Count's brand strategy ...