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Showing 1781 - 1790 of 4013 results for "Accounts"

ASIC marks AFCA milestone

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... members have transferred their membership to AFCA, ASIC said. Only 64% of superannuation trustees and retirement savings accounts providers have joined. About 80% of members of the Credit and Investments Ombudsman Scheme have signed up. Under the Corporations ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... could see the two parties forced to repay more than $500 million that was unfairly deducted from superannuation fund accounts. Launching its Get Your Super Back campaign yesterday, Slater and Gordon alleged CBA-owned super fund Colonial First State and ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... inventory re-stocking is not "unwanted". The strength in household consumption reported in the June quarter National Accounts justifies businesses outlook to rebuild inventories. The Australian economy expanded by a stronger than expected 0.9% in the ...

How much your advice business will be worth in 2023

KANIKA SOOD  |  TUESDAY, 11 SEP 2018
What multiple will financial advice businesses sell at five years from now, and could implementing managed accounts boost their acquisition value? That's a question that Managed Accounts Holdings head of distribution and marketing Tony Nejasmic sparked ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
... notwithstanding the yen's 1.4% appreciation vis-a-vis the greenback this year to date. The details of the national accounts also provide positive underpinnings for the Japanese economy with growth primarily driven by domestic private demand. Private ...

Industry funds launch account matching initiative

KARREN VERGARA  |  MONDAY, 10 SEP 2018
Several industry superannuation funds are teaming up to consolidate multiple accounts estimated to save members $100 million per year. The cross-fund matching initiative will see 18 industry funds consolidate 500,000 low balance, inactive accounts. ...

Philanthropic forces shift asset allocation

DARREN SNYDER  |  THURSDAY, 6 SEP 2018
... but valuable part of the income mix, he said. Referencing a JBWere study earlier this year, McLeod said philanthropy accounts for 75% of funding towards international aid. And despite raising a lot of money, philanthropy is 3% of universities' income ...

Managed accounts could outstrip super sector on CIPRs

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
... parallel development to this [new product development at super funds] will be the solutions in adviser space." "Managed accounts is an example. New products could arrive by second quarter of 2019, just because they would not be bound by legislative developments ...

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... likely breach of section 912A(1)(a) of the Corporations Act with respect to plan service fees (PSFs) deducted from member accounts with no linked adviser. NAB/MLC's PSF compensation figure reached $87.1m, jumping from the $67.1m it originally reported ...

ETF market growth a benefit for all

HARRISON WORLEY  |  TUESDAY, 4 SEP 2018
... actually captured a lot of assets." Next week, Financial Standard is hosting a Best Practice adviser forum on managed accounts in Melbourne. Registrations close soon. To find out the day's agenda, click here.