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Showing 1531 - 1540 of 4013 results for "Accounts"

UniSuper advice offering surges

KARREN VERGARA  |  TUESDAY, 30 JUL 2019
... Jack McCartney said the FUA growth has been spurred by inflows from SMSFs, family take-up of the fund's personal accounts offering and increased access to dedicated member centres. "We are on track to continue this growth trajectory over the coming ...

ASIC sues ANZ over unlawful fees

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... make to the account of another person or business. The definition of a periodical payment excluded payments between two accounts in the name of the same person or business. "Transaction fees were charged when a periodical payment was successful, and ...

Aussie millionaires are cashed up: Report

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
... $10 million more of investable assets respectively) surveyed, a whopping 81% are sitting on cash in the form of savings accounts and term deposits. More than half (56%) invest in Australian equities, followed by direct residential property (42%). Home ...

Sam Henderson cops ASIC ban

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... financial advice provided. The regulator said this breach occurred in 2013 when Henderson was an investor in Managed Accounts Holdings (now Xplore Wealth), when a subsidiary of the company provided managed discretionary account services to Henderson ...

Super working in favour of all members

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... chief executive Martin Fahy said. "It is pleasing to see that the strongest growth occurred for those with lower balance accounts, and for women." Fahy added that more Australians aspiring to be self-sufficient retirement and want more than what the ...

Super body opposes member interests bill

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... changes. "This risk is not warranted particularly in light of the significant changes to default insurance and inactive accounts through the Treasury Laws Amendment (Protecting Your Super Package) Act 2019 which took effect from 1 July 2019," WIS said. ...

Ariel Investments promotes president

KARREN VERGARA  |  MONDAY, 22 JUL 2019
... a small and mid-cap value manager, and has evolved to offer defined contribution plans, as well as separately managed accounts for institutions and high-net-worth individuals. Hobson commented: "Ariel has been my home for nearly three decades and I am ...

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... those with low balances to curb premiums eroding account balances. With millennial members owning almost 40% of fund accounts, this is likely to reset pricing, Rainmaker said. "The level of default insurance cover offered by super funds is not one size ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... development of machinery to staple a person to a single default account. However, KPMG's report Stapling of superannuation accounts said Hayne's recommendation failed to offer much guidance in achieving the result. According to KPMG, there are two solutions. ...

Russell launches next gen managed accounts

ELIZABETH MCARTHUR  |  THURSDAY, 18 JUL 2019
Russell Investments launched what it is calling a "next generation" suite of multi-asset managed accounts - the first managed accounts offering for the investment giant. The offering comes in response to the growing adviser and investor preference for ...