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Showing 1191 - 1200 of 3363 results for "Wealth management"

Asset manager consolidation top of mind for HNWIs

DARREN SNYDER  |  WEDNESDAY, 28 NOV 2018
... latest study said. Releasing its annual Asia Pacific Wealth Report, Capgemini Australia said the region's wealth management firms have potential to increase assets under management if they target consolidation of HNWI assets. However, one of the ...

Should banks fund customer litigation?

HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
... to sue NAB so you can sort these things out?" Orr asked. Yesterday, NAB chief executive Andrew Thorburn said wealth management had become an unnecessary failure for Australia's big banks, while lamenting the bank's inability to properly finance and integrate ...

Advice group rebuilds following regulatory headwinds

DARREN SNYDER  |  MONDAY, 26 NOV 2018
... self-directed investors, the platform will relaunch as a retail superannuation offering "in due course." The diversified wealth management group will progress its other fintech, MyMoney247 - a personal finance management platform operated by MoneyBrilliant. ...

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... largest financial services institutions all agree - the use of vertically integrated business models in the wealth management arms of banks was not the reason for the industry misconduct exposed in the Royal Commission. In their responses to Commissioner ...

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
NAB chief executive Andrew Thorburn said the venture into wealth management by Australia's big banks was most likely a failure. Opening the final week of hearings into misconduct in financial services today in Melbourne, counsel assisting Michael Hodge ...

FPA honours top advisers

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
... Adelaide-based practice established eight years ago, won the FPA Professional Practice of the Year Award Cooper Wealth Management's Felicity Cooper took home the FPA Financial Planner AFP of the Year Award. The FPA Paraplanner of the Year Award went ...

Aussie banks underestimated difficulties of advice: Hartzer

HARRISON WORLEY  |  THURSDAY, 22 NOV 2018
... assisting Michael Hodge quizzed Hartzer - who leads the only major Australian bank not to recently jettison its wealth management arm - over the value of financial advice to Westpac's shareholders if the bank was not manufacturing wealth management products. ...

AMP partners with Morningstar

JAMIE WILLIAMSON  |  TUESDAY, 20 NOV 2018
... capabilities available via Morningstar DirectSM, the company's independent research platform for asset managers and wealth management professionals, supporting Approved Product List (APL) management and reporting needs. Morningstar also provides ...

Apologies are over: Royal Commission looks to future

HARRISON WORLEY  |  MONDAY, 19 NOV 2018
... final round of the financial services Royal Commission will ask chief executives at Australia's largest wealth management companies how to prevent this same misconduct ever happening again. Making her opening statement this morning, counsel assisting ...

Global tech wars disrupt $600m market

MICHELLE BALTAZAR  |  WEDNESDAY, 14 NOV 2018
... was focused on their retail payments platform Alipay, Ant Financial also has a global digital bank (MYbank), wealth management business (Ant Fortune) and money market fund (Yu'e Bao). The millennials, more than any other demographic segment, stand to ...