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Showing 1331 - 1340 of 2662 results for "SEPA"

JPMAM wins global equities mandate

ALEX BURKE  |  WEDNESDAY, 23 AUG 2017
J.P. Morgan Asset Management (JPMAM) has won a substantial global equities mandate from a New Zealand wealth management firm. Describing the mandate from Gareth Morgan Investments as one of the largest separate accounts within the group's Global Research ...

Complex operations leaving life customers confused

KARREN VERGARA  |  FRIDAY, 18 AUG 2017
Operational complexities are holding life companies back from improving and modernising the life insurance industry, and leaving customers very confused as to exactly what they are insured for, a public hearing found. TAL group chief executive and managing ...

BNY Mellon subsidiary makes local and global hires

JAMIE WILLIAMSON  |  WEDNESDAY, 16 AUG 2017
Insight Investment named its new global head of distribution and appointed a new product specialist to its Sydney office. Formerly global head of distribution at Barings Asset Management, Angus Woolhouse will take on the same role at Insight, bringing ...

Blue Sky profits underscore alternatives opportunity

ALEX BURKE  |  TUESDAY, 15 AUG 2017
Blue Sky Alternative Investments reported a 97% boost in statutory net profit after tax to $20.7 million in its annual results, an outcome managing director Robert Shand believes underpins the firm's value proposition to clients looking for opportunities ...

CBA chief executive will stand down

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
Embattled Commonwealth Bank chief executive Ian Narev will retire from the bank by the end of the 2018 financial year, board chair Catherine Livingstone has announced. The decision, said to have been made by the board in conjunction with Narev, will ...

Managed accounts growth delivers strong Praemium result

JAMIE WILLIAMSON  |  MONDAY, 14 AUG 2017
After a dramatic 12 months, a strategic focus on managed accounts and the increasing number of financial advisers embracing them has been cited as a key driver behind Praemium's FY2017 results. The platform and managed accounts provider reported a 28% ...

ANZ foots compensation bill

KARREN VERGARA  |  FRIDAY, 11 AUG 2017
ANZ will compensate consumers a total of $10.5 million as a result of OnePath compliance breaches. According to ASIC, ANZ's wealth, insurance and advice arm, OnePath, failed to process superannuation contributions and manage lost inactive member balances ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
Not happy Jan! This is the collective cry of Australian consumers according to the latest Westpac-Melbourne Institute consumer sentiment survey. Yet only a day before, the NAB business survey showed that business conditions in July were at their best ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
A prominent financial advisory firm is backing the Federal Government's First Home Super Saver Scheme even though it has received backlash from superannuation industry bodies. Dixon Advisory believes the latest draft legislation proposes more flexibility ...

Advice, ETFs and SMAs form powerful combination

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2017
Advice businesses seeking greater scalability stand to significantly benefit from the use of exchange-traded funds in separately managed accounts. Speaking at the Financial Standard ETF Forum in Melbourne yesterday, head of iShares Jon Howie told delegates ...