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Showing 1711 - 1720 of 9279 results for "wealth"

DASH adds to leadership

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... tech firm DASH has added a chief operating officer and an experienced superannuation specialist, recruiting ANZ's head of wealth customer resolution and the executive general manager of Equity Trustees' super trustee office. Following a recent capital ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
In an ASX announcement, AMP said that its Australian Wealth Management assets under management (AUM) increased by $2 billion to $126.2 billion. However, the company had a net cash outflow of $600 million in Q1 2023, a slight improvement from the $900 ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... said the SIAA. Fox added the release of the draft legislation enables advisers to know their education qualifications and wealth of experience are being recognised. "And their clients will retain their advice services," she added. Further, the body was ...

UniSuper awards private debt mandate to Revolution AM

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... Management chief investment officer Bob Sahota highlighted the importance of private debt as a component of institutional and wealth portfolios. He said that private debt can help diversify risk and deliver stable income in the current uncertain environment. ...

Treasury urged to consider housing in super objective

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... Treasury should consider expanding the role of super funds to "not simply be guardian and gatekeepers of compulsory retirement wealth but look to play an active role to ensure Australians are able to have a genuinely successful retirement across all ...

Pinnacle distribution director in new role

CHLOE WALKER  |  THURSDAY, 13 APR 2023
... Macquarie Group. In his new role, Brookman will lead Tidal's distribution effort across family offices, high-net-worth, wealth advisers and institutional investors. Tidal is currently raising its Seed III and Follow-On Opportunity funds, which it ...

Top 10% pocket 93% of Australia's wealth: Research

CHLOE WALKER  |  WEDNESDAY, 12 APR 2023
New data from the Australia Institute indicates middle-income earners receive just 7% of economic growth per person since 2009, while the top 10% keep getting richer. The data, taken from the World Inequality Database (WID) that shows real national ...

Mercer names strategic relationships lead

CASSANDRA BALDINI  |  WEDNESDAY, 12 APR 2023
... strategic relationship leader within the investment business. Allmey, based in Sydney, reports to Mercer Pacific head of wealth management Luke Fitzgerald. The appointment follows the merger of BT Super into the Mercer Super Trust and the acquisition ...

BT, Striver partner to tackle adviser shortage

CASSANDRA BALDINI  |  WEDNESDAY, 12 APR 2023
... business," he commented. Since launching in 2013, Striver said it has facilitated nearly 1000 successful placements across the wealth management and advice industries. Looking ahead, BT said it plans to raise awareness on career pathways in advice by ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... above $750,000 would be fairer, Grattan said. "The exclusion of most home equity means well-off households - provided their wealth is largely in the family home - can continue to qualify for the pension. This means taxpayers end up underwriting future ...