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Showing 141 - 150 of 3531 results for "Accounts"

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... Aussies have $60,000 in savings on average, which includes term deposits, offsets, mortgage redraw, and share-trading accounts. Over the past six months however, savings have been in steady and steep decline, as they eat into their savings by $2000 on ...

New CFS platform at the cutting Edge: Quirk

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
... Edge will be able to tap into other parts of the market," Quirk said. Another key aspect of Edge is its rich managed accounts capability. "This is the first major platform being deployed in the Australian market since managed accounts have become so ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... quarter. Buy now pay later (BNPL) complaints were up 57% annually and jumped 56% the June quarter. Personal transaction accounts had the lion's share of the total complaints (13,781), overtaking credit cards (10,555). AFCA received 6048 scam-related ...

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
... development, Colonial First State Investments is also stepping down as the operator of encircle's managed investment accounts. Earlier this month, encircle Super members received correspondence outlining that their accounts would be transferred to Centric ...

Advisers service 120 clients on average

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
... planning (32%) and cashflow modelling (31%). There is also strong demand for their technology to integrate with bank accounts, trading tools, and appointment scheduling to support meeting growing client demand. In the past year, many advisers consolidated ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... account," he explained. There is also an adverse impact on the experience itself. "If you look at some of the compromised accounts, the organisations rightly put additional controls in place, and probably in some cases lock accounts. So, there is an ...

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
... our disciplined investment approach," he said. CFS has $147.4 billion in funds under management and 940,000 customer accounts. The FirstChoice Employer Super has a total funds under administration of $14.9 billion.

InvestSense welcomes distribution lead

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
The investment management consultancy firm, which specialises in multi-asset managed accounts, has brought John Nicoll on as distribution executive. Nicoll brings over 22 years of experience in the financial services sector, having previously served ...

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... members high fees under the commission arrangements. This is despite the charging of commissions on new superannuation accounts being banned in 2013 under the Future of Financial Advice reforms. The action, which has been ongoing since October 2019 ...

Brighter Super sees double-digit returns

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... 12-month return of 10.62%, while its Growth option returned 12.61%. The Balanced option returned 10.60% for its accumulation accounts, while the Indexed Balanced option returned 11.65%. Meanwhile, the Socially Responsible Australian Shares option generated ...