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Showing 1311 - 1320 of 4013 results for "Accounts"

Chi-X releases viral TraCRs stocks

ALLY SELBY  |  THURSDAY, 25 JUN 2020
... financials and consumer staples. As more Australians attempt to take advantage of market dislocation by opening trading accounts and entering the market, Jokovic said it's essential for service providers to offer their clients a broad range of investment ...

Managed accounts demand rises: Zenith

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
Zenith Investment Partners said demand for its managed accounts services grew amid the uncertainty and volatility in investment markets sparked by the COVID-19 pandemic. Zenith chief executive David Wright said it was not unexpected that advice firms ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... industry super fund that is home to several superannuation startups has notified members it will be transferring all accounts to another master trust. LESF Super will be merged into Smartsave 'Member's Choice' Superannuation, with the successor ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... AustralianSuper has a $1.047 billion stake in Rio Tinto. About $910 million of that is from the fund's accumulation accounts and the rest is across retirement diversified, Australian equities and member direct options. The majority, 79% or $715 million ...

ASIC cracks down on investment manager

ALLY SELBY  |  MONDAY, 15 JUN 2020
... client money obligations in March this year, after it was found to have deposited client money into unauthorised bank accounts between December 2014 and September 2018. SGSA was charged with two counts of failing to pay client money into segregated authorised ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
... world (28%). The George Floyd protest rallies and reopening in most US states threaten a second wave. Already, there are accounts of new coronavirus infections starting to emerge in Texas, Florida, and California. This is in addition to Factset's ...

Former Fidelity wholesale head joins Sydney boutique

KANIKA SOOD  |  THURSDAY, 11 JUN 2020
Former head of wholesale sales for Fidelity's Australian business has joined a Sydney managed accounts provider as it looks to expand its customised SMA offering with independent financial advisers. Andrew Mathie has joined Atticus Wealth as its head ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
... concerned where circumstances indicate that the arrangement has been used to manipulate the members' transfer balance accounts; for example, by deliberately undervaluing an asset when it enters retirement phase and counts towards the transfer balance ...

Senator criticises lazy super system

JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
... a lot of the providers quite lazy," she said. "There's things that have been allowed to proliferate like multiple accounts, high fees, persistent underperformance of a number of funds... and also things like insurances that people might not necessarily ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... Frydenberg's statement comes after the Australian Bureau of Statistics (ABS) released its March quarter 2020 National Accounts report that showed the economy contracted by 0.3% in the first three months of the year. But unlike in 2000, 2008 and 2011 ...