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Showing 1431 - 1440 of 4013 results for "Accounts"

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
AMP has responded to reports it is refunding fees charged to members into new AMP superannuation accounts opened without customers' knowledge or consent. Following a report by the ABC, AMP has confirmed it is depositing refunds owed to former customers ...

Zenith bolsters team, hints at expansion

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... further investing in our research and consulting services, we grew our range of both customised and public menu managed accounts for advisers on a number of leading platforms and expanded into the New Zealand market through the purchase of FundSource," ...

J.P. Morgan wins custody mandate

ELIZABETH MCARTHUR  |  THURSDAY, 16 JAN 2020
... operational efficiencies, cost savings and new features, such as access to international markets for our managed discretionary accounts clients." The update said Xplore's group funds under administration grew 20.2% for the 31 December 2019 quarter against ...

Powerwrap finds new line of business

KANIKA SOOD  |  THURSDAY, 16 JAN 2020
... (FINRA). The platform has $8.9 billion in assets under administration, and focuses on high-net-worth advisers. Escala accounts for roughly 40% of its revenue. Powerwrap listed on the ASX last May and is down over 40% to its opening share price. It reported ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... Commonwealth Superannuation Corporation is considering making changes to how it administers about 570,000 defined benefit member accounts as its existing systems age. CSC has invited interested companies to submit proof-of-concepts for a core registry ...

Ellerston hires from Colonial First State

KANIKA SOOD  |  WEDNESDAY, 8 JAN 2020
The Sydney boutique has hired from Colonial First State to appoint its lead for key accounts and research relationships. Lisa Rose joined Ellerston Capital as its head of key accounts and research relationships in December. In her most recent role ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... superannuation funds were targeted by an online fraud syndicate which siphoned millions from share-trading and super accounts. AustralianSuper, Rest, Hostplus and HESTA were among those targeted, alongside LUCRF Super and Club Plus. Using stolen identities ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... so far been repaid. "For retail and commercial banking in Australia, we currently estimate that over 3.4 million bank accounts need fixing," Elliot said. "To date, we've made good on more than one million of these bank accounts. While each issue is unique ...

More MySuper accounts close than open: APRA

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
Latest data from APRA shows more MySuper accounts closed in the last financial year than were opened. According to APRA's annual MySuper statistics, about 2,151,403 new MySuper accounts were created in the 2018/19 financial year. However, about 2,189,859 ...

APRA slaps extra conditions on Avanteos

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... holds a Registrable Superannuation Entity license, charged adviser service fees (ASFs) to more than 2200 superannuation accounts of deceased members over a period of 15 years from 2003 to last year. According to the prudential regulator, the total financial ...