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Showing 1811 - 1820 of 4013 results for "Accounts"

Mason Stevens renews custodian

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
The managed accounts provider has extended the relationship with its custodian as it continues to build its business. NAB Asset Servicing will handle Mason Stevens's custody needs for the next five years. The eight-year-old managed accounts provider ...

AMP wealth arm leaked $873 million in first half

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... others lost $267 million. Wilkins said AMP had not made any major corporate wins in the period. It has lost some small accounts. By contrast, AMP won $521 million in corporate super mandates in H1 2017 - a fact that Wilkins highlighted while addressing ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... core franchise which delivered good volume margin management in home and business lending, ongoing growth in transaction accounts and deposits and continued uptake of our technology offering. "We also continued to strengthen our balance sheet. This performance ...

Are SMSF investors too conservative?

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... the Productivity Commission's calculations are somewhat askew. This because a high proportion of SMSFs - both by member accounts and funds under management - are in the pension phase, something not seen in the APRA-regulated industry and retail super ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... year, with profits rising by 5% to $81 million. Cost reductions of $6.4 million and the launch of managed discretionary accounts on IOOF Pursuit were key contributors to this outcome, Kelaher said. "This is particularly pleasing for the management team ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... January 2017, about $35 million in plan service fees were incorrectly charged to 220,460 members and deducted from their accounts without an actual service provided. NULIS announced on 26 July 2018 that it would stop deducting a plan service fee from ...

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... members $931,647.50, Hodge said. Westpac and subsidiary Asgard charged some customers advice-related fees affecting 760 accounts and remediated more than $634,000 in fees and compensatory interest. In the same vein StatePlus Super will compensate about ...

Financial abuse: A hidden epidemic

JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... program offers access to independent specialist trauma counsellors, financial assistance, safe establishment of bank accounts and over the phone support to ensure appropriate communication with family and friends. Of those helped so far, 95% are women ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... when funds basically sit there at the end of a firehose full of money which is mandatorily required to flow into their accounts every week and month," he said. He added that it's "a topic for another day and actually for my colleague Minister O'Dwyer." ...

IMAP awards managed accounts excellence

KARREN VERGARA  |  THURSDAY, 2 AUG 2018
... IMAP Managed Account Awards covered three themes: asset classes, innovation and how well licensees integrated managed accounts into its processes. IMAP chair and host for the evening Toby Potter said managed accounts embody the transformation that's ...