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Showing 1901 - 1910 of 4013 results for "Accounts"

Kina expands IRESS relationship

HARRISON WORLEY  |  MONDAY, 30 APR 2018
... According to Kina, this should ensure members receive their contributions sooner, with contributions able to land in member accounts instantly in some cases. General manager of Kina's wealth management business Adam Fenech said the implementation of ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... identified only as Mr E. Mr E advised a husband and wife couple to rollover their superannuation balances to AMP's myNorth accounts, cancelled the husband's life insurance policy, leaving him uninsured for three months, and finally charged him an exit ...

MGP responds to Henderson's RC hearing

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... 70% of Henderson Maxwell's total clients and about 84% of its total funds under advice are managed through its managed accounts vehicle as facilitated by MGP. In response to questioning, Henderson later admitted that he owned shares via his self-managed ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... Counsel Assisting Rowena Orr. Mr E advised the husband to rollover the balances of his TAL and MLC MasterKey superannuation accounts to AMP's MyNorth product to the tune of $125,000. He also cancelled the husband's life insurance policy leaving him uninsured ...

Praemium appoints managed accounts expert in new role

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
... self-invested and international solutions. Thomas joins Praemium from Netwealth where he has served as head of managed accounts strategy and development since 2014. At Praemium, Thomas will play a key role in the creation of a dedicated self-managed ...

Chief economist update: Malcolm puts agricuture in the middle

BENJAMIN ONG  |  MONDAY, 23 APR 2018
... product (GDP). The gross value of Australian farm production in 2016-17 was $60 billion" and ABARES data show agriculture accounts for only 2.2% of total employment. Agriculture accounts for around 12% of Australia's total exports which is nothing to ...

HUB24 expands distribution team

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... boutiques and new corporate partners. Paula Day has also joined the platform provider, taking on the role of head of key accounts. In her most recent role at CFS she served as head of strategic accounts. She has also previously worked for Westpac, BNP ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... their part-time counterparts. This suggests that consume spending would remain weak and because household consumption accounts for around 60% of Australia's GDP, expect economic growth to remain in the slow lane as well. Not only this, forget asking ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... their assets included a family home valued at $550,000, two vehicles totaling $53,000 in value, and $7590 held in Westpac accounts. They also held $166,000 in a HESTA superannuation account and $52,000 in a Cbus account. Between them they had about $300,000 ...

AMP platform fees laid bare

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... customers would procedurally sign forms with their advisers, agreeing the platforms will automatically deduct fees from their accounts either every month or quarter and remit these to licensees. It is then up to the licensee's audit and compliance division ...