Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1371 - 1380 of 4013 results for "Accounts"

CareSuper leads super satisfaction

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
... satisfaction ratings," Levine said. "In mid-February, the ASX 200 reached its highest ever level, taking the superannuation accounts of many Australians along for the ride. "However, the coronavirus outbreak has caused markets to plummet. The challenge ...

Portfolio rebalancing should be timed: Xplore

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... visibility around market and price stability and also around earnings," Wright said. Wright said managed discretionary accounts (MDAs), as well as separately managed accounts (SMAs) have reaffirmed their status as an efficient structure to support advisers ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... notified of the changes last November, according to CFS. Clients have been advised to nominate alternative cash management accounts, or other means to withdraw their funds by May 15. Accounts will be closed around May 29. CFS and Bankwest are reminding ...

Good time to be in managed accounts: IMAP

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
The COVID-19 crash has had an effect on all investment advice, but for financial advisers using managed accounts the blow has been slightly eased, according to IMAP chair Toby Potter. Potter told Financial Standard that while it is likely managed account ...

Super scammers pose as authorities

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... Board". An ACCC spokesperson said "scammers have used a variety of excuses to request information about superannuation accounts", including ensuring the person is not locked out of their account "by the new rules", checking whether the person's superannuation ...

Challenger general manager jumps to boutique

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
It's reunion time at Yarra Capital Management, as Challenger's general manager of national accounts, research and platforms joins the team to work with an old colleague. Yarra Capital Management has hired Rommel Hacopian as a distribution manager ...

Super funds raise scam concerns

HARRISON WORLEY  |  THURSDAY, 26 MAR 2020
... already started to emerge," Intrust Super said. "Fraudsters are contacting people to "assist" in accessing money from super accounts." The Queensland-based super fund said it would never contact members and ask for the password to their super accounts ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... accessing the $10,000 yet. "Many members will not want to crystallise current losses by unnecessarily accessing their super accounts so as to take advantage of the eventual recovery in investment markets," Elia said. "To date we have had very very little ...

IMAP not anticipating regulatory overhaul

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
The chair of IMAP does not expect a major overhaul of the managed accounts space when ASIC's focus returns to the MDA review. Earlier this week, ASIC announced the MDA review is being put on hold, after "recalibrating" its regulatory priorities as it ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... undermine the system," Davis said. To achieve this, Davis said super funds would need to allow members to switch their accounts into "drawdown mode" similar to the accounts used by pensioners. The ATO would need to be notified of members switching to ...