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Showing 1591 - 1600 of 4013 results for "Accounts"

ATO guides SMSFs on PYSP changes

HARRISON WORLEY  |  THURSDAY, 16 MAY 2019
... make additional reports to the ATO. SMSFs and small APRA funds are exempt from report and paying inactive low-balance accounts to the ATO as a new category of unclaimed super money in the same manner as larger funds. However, the ATO will now be able ...

Mercer names administration services lead

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
... wealth. Mercer Administration Services has more than $100 billion in funds under administration across 1.1 million member accounts. It has more than 500 employees in the Illawarra region.

VGI Partners' dual pitch to investors

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
... manages about $2.1 billion through its master fund ($814 million), offshore funds ($246 million), independently managed accounts ($438 million) and the LIC (to have $937 million after the LIC raise). Its net profit after tax stood at $34.9 million, almost ...

Multi-asset SMA launches

KARREN VERGARA  |  TUESDAY, 14 MAY 2019
A new managed accounts provider has launched a private label, multi-asset separately managed account. Sydney-based investment research and managed accounts firm, Resonant Asset Management, has made the SMA available to financial advisers and dealer ...

Midwinter acquires InvestmentLink

ELIZABETH MCARTHUR  |  TUESDAY, 14 MAY 2019
... the acquisition of financial planning software provider InvestmentLink. InvestmentLink contains over 4.4 million client accounts across 300 superannuation and managed funds. It has $40 billion of assets managed by 12,000 advisers from more than 200 dealer ...

Morgan Stanley raises capital for 86 400

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... an alternative to the big four banks but the reality is you have to start somewhere - and [that] for us is transaction accounts, savings accounts and retail mortgages." 86 400 has over 80 staff at the moment. Bell was clear that a majority of those staff ...

Communication fails to keep member interests at heart

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
... the imposition of 3% fee cap on balances below $6000; prohibition of exit fees; and transfer of inactive low-balance accounts to the ATO. APRA again stressed the importance of communicating the PYSP changes. Superannuation funds had until 1 May 2019 ...

Boutique appoints portfolio manager

KANIKA SOOD  |  WEDNESDAY, 8 MAY 2019
... work with equities: OC Funds Management is an Aussie small caps manager; Ralton works with Australian equity managed accounts; Veritum Asset Management invests in income-generating equities and Chester Asset Management is a high conviction equities m ...

Female fintechs make better investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 MAY 2019
... "This data from the UK reinforces that it is gender bias and workplace imbalance, and not capability or performance, accounts for the lack of female fintech leaders." She pointed out that in Australia the number of women who found start-ups is very low ...

Should super funds segregate pension assets?

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
With 2.8 million super accounts slated to enter pension phase over the next decade, is it time superannuation funds follow QSuper's lead and start segregating their pension assets? That's a question a new research paper by Parametric managing ...