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Showing 1251 - 1260 of 4013 results for "Accounts"

Macquarie introduces new wrap cash fee

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... of 0.29% per annum. Macquarie said the new cash administration fee can be up to 1.23%. An interest rate for the cash accounts of 0.25% per annum will be paid to wrap clients after the 0.44% investment fee and the new 0.29% administration fee have been ...

AIST calls for top-ups for low-income ERS recipients

ANNABELLE DICKSON, KANIKA SOOD  |  MONDAY, 24 AUG 2020
... according to the Australian Institute of Superannuation Trustees. The body is recommending the government contribute to accounts of low-income earners, equaling 25% of the superannuation savings that they withdrew. This would mean a maximum of $5000 ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
... news", had the results been any different given the re-imposition of social restrictions and lockdown in Victoria - which accounts for around a quarter of the economy -- and the closure of state borders initiated in early August. Equally unsurprising ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... customers around $130,006 for financial advice after requests were made for advisers to be removed from their product accounts and after the advisers ceased providing advice. It also said that BT, as trustee of superannuation products, issued account ...

Unmet advice needs increases for SMSF trustees

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... a fifth of new inflows. Adviser use of exchange traded funds (ETFs) is up 4% from 2019 to 16% while flows to managed accounts remained steady at 9%. But advisers expect flows to managed accounts to grow substantially over the next three years to 12% ...

Fiducian posts $10.5m in FY20 profits

KANIKA SOOD  |  MONDAY, 17 AUG 2020
... planning, it is keen to expand through value accretive acquisitions. In administration, it wants to distribute managed accounts capabilities, offer badged solutions to independent financial advisers and build on SMSF administration. It is also looking ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... company's prospects for growth are exciting as more advisers are becoming aware of Praemium's capabilities its managed accounts platform can provide.

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... average loan size of $304,000. Meantime, deferrals on business loans increased over the three months to June, with 41,000 accounts deferring $21 billion worth of loans. Corporate loans make up approximately 10% of total deferral balances and 20% of NAB's ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... 2012. After a recent review of all its pension and superannuation products, it has decided to transition its pension accounts to the Macquarie Pension Manager. The transfer is slated for September 14. "...as SuperOptions has been closed to new members ...

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
... adapt portfolios to their moving targets around returns, fees and other measures. "As with the 'Equity Agility Platform' accounts we're already managing, the transition management is built in, so we can manage the costs of making these changes along ...