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Showing 1581 - 1590 of 4013 results for "Accounts"

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
... alternative AFSLs "where requested". The financial impact of Spectrum's closure will be revealed once Freedom releases its accounts. The move comes less than two months after Freedom announced it would cease all operations. The firm agreed to sell its ...

Managed Account Awards finalists revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 MAY 2019
... go to the managed account service which does the most, in the judge's opinion, to advance the development of managed accounts. "Managed accounts are becoming a significant part of the advice profession, with many managers and licensees now offering portfolios," ...

AMP faces super fee gouge class action

KARREN VERGARA  |  THURSDAY, 30 MAY 2019
... seeking compensation for AMP superannuation fund members at the Federal Court in Melbourne today. It estimates two million accounts have been impacted by AMP's alleged misconduct, which contravened a number of statutory and/or general law obligations ...

SSGA launches four model portfolios

KARREN VERGARA  |  THURSDAY, 30 MAY 2019
... to implement - and sat within a model portfolio structure. Eighty-six percent of financial advisers that use managed accounts are searching for better solutions from clients in terms of portfolio construction, she told Financial Standard. "And in today's ...

ASIC bans adviser over super theft

ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
... companies, Wealth Achievers. It was alleged McSweeny transferred client funds - mostly retirement savings - into bank accounts held in the names of another two of the 14 companies. It was also alleged he directed an employee to construct a back-dated ...

Praemium signs new SMA deal

HARRISON WORLEY  |  THURSDAY, 23 MAY 2019
... solutions for many of its current and future clients. "We are delighted to have Pitcher Partners Brisbane as a new managed accounts partner," Praemium head of distribution Martin Morris said. "We pride ourselves on offering solutions that meet the demands ...

Credit fund launches to wholesale investors

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... RBA cash rate return plus 4% per annum or 5.5%. The fund invests in diversified credit, including inventory funding (accounts receivable), specialised debtors (commercial), and strata funding and personal lending (consumer). Wholesale investors with ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
... numbers were released. But is it? As always, the devil is in the details and the details are devilish. Japan's National Accounts show net exports accounted for 0.4 percentage points of the 0.5% growth in the March quarter. Nothing wrong with this ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... Full-time employment decreased by 6,300. This does nothing to improve the outlook for consumer spending - that, which accounts for around two-thirds of overall economic growth. As dictated by the "permanent income hypothesis", consumption and spending ...

Former Kaz Capital adviser banned

ELIZABETH MCARTHUR  |  FRIDAY, 17 MAY 2019
... years following an ASIC investigation during which he was found to be buying and selling listed securities on clients' accounts without the authorisation to do so. He was alsotrading contracts for difference (CFDs) in a personal capacity, in a manner ...