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Showing 1641 - 1650 of 4013 results for "Accounts"

AFA takes red pen to Hayne report

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... of grandfathered commission, life insurance commissions, non-monetary benefits, and ongoing fees from superannuation accounts. He noted however that in the case of intra-fund advice, ISA called for the practice to be retained. "And this is exactly what ...

Former adviser cops 10-year prison sentence

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2019
... superannuation funds and invest their super and other funds in products such as shares, managed funds and interest rate bank accounts. The amount invested by clients totalled $6.7 million. However, none of the money actually made it into any products. ...

Qantas Super urges women take control of super

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
... lifelong undertaking for every Australian." "For women, it's particularly important to have a strong plan in place that accounts for the different chapters of their working lives." In response to the results, the Association of Superannuation Funds of ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... all had a negative bearing on the Australian economic outlook. This is no better depicted than by the recent National Accounts update showing the slowdown in Australian GDP growth - to 2.3% in the December 2018 quarter (the slowest since the September ...

Channel Capital head of retail departs

KANIKA SOOD  |  THURSDAY, 14 MAR 2019
... retail space is actually becoming more institutionalised, with things like model portfolios, core separately managed accounts and private banks," King said. "So we will look to hire distribution people at director level, with some markets background ...

Investors stick with managed accounts despite volatility

HARRISON WORLEY  |  THURSDAY, 14 MAR 2019
Latest research shows inflows pushed managed accounts through strong headwinds in the second half of 2018. The Institute of Managed Accounts Professionals' latest six monthly Managed Accounts FUM Census shows net fund inflows in the second half of last ...

Smaller platforms continue to excel

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
... management tools to client portal enhancements." Choi said the report also recognised the growing influence of managed accounts, noting 16 platforms now offered managed accounts solutions. He added platforms needed to provide advisers with dedicated ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... lenders. Almost 60% of residential mortgages in Australia are settled through 16,000 brokers, Frydenberg said. The channel accounts for almost 40% of all loans at Commonwealth Bank and 55% at ANZ but some banks have shown they don't need to rely on the ...

Rice Warner predicts super fee-hike

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... Rice Warner is predicting Productivity Commission recommendations aimed to curb the number of individual superannuation accounts will impact super funds to the tune of $350 million. The researcher believes the number of superannuation accounts in Australia ...

Platform rebrands for next phase

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
... administrator is rebranding as it gears up for the launch of both a superannuation and non-superannuation Wrap solution. Managed Accounts Holdings - also known as managedaccounts.com.au - is rebranding to Xplore Wealth. The company said the new brand ...