Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1921 - 1930 of 4013 results for "Accounts"

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... super funds and life insurers to be more proactive in informing customers about the status of their group life insurance accounts. In response, the Financial Services Council (FSC) said many of the PJC's recommendations - particularly around claims handling ...

New super fund combats account erosion for young Aussies

JAMIE WILLIAMSON  |  WEDNESDAY, 28 MAR 2018
... largely due to balance erosion. "The first decade of super is for many young Australians a failure. They have multiple accounts, duplicate fees, duplicate life insurance and lost super. We call this the 'lost decade of super' and it is our mission to ...

Chief economist update: Just a hiccup in a rising trend

BENJAMIN ONG  |  WEDNESDAY, 28 MAR 2018
... not be good at predicting Wall Street's direction but they sure do impact overall economic growth - consumer spending accounts for around 70% of the US economy. Confident consumers spend. Increased consumer spending buoys economic growth, corporate profits ...

Managed accounts climb to $57bn

ALEX DUNNIN  |  TUESDAY, 27 MAR 2018
The managed accounts sector climbed 46% last year to reach $57 billion by December 2017, according to the latest Institute of Managed Account Professionals market census. The results show that managed accounts are growing three times faster than other ...

MGP partners with advice firm

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
Managed Accounts Holdings is adding $160 million in funds to its new MDA Service offering through a new partnership. Independent financial advice firm Bennett & Co has implemented the platform's MDA Service after a competitive review process to support ...

CBA and AUSTRAC agree to mediate

ALEX BURKE  |  FRIDAY, 23 MAR 2018
... contraventions, but agreed it did not adhere to all transaction monitoring requirements relating to certain affected accounts. IDMs, which were rolled out in May 2012, have the same functionality as ATMs to automatically count cash deposited, and credited ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... economy, is if labour market strength translates higher wages that would encourage increased consumer spending - that which accounts for around two-thirds of economic activity. However, growth in wages remains sluggish. The wage price index slightly ...

New income trust plans to raise $350m

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
... $1.7 billion in funds under management, as at February 28. The new fund will combine strategies from two of its existing accounts for institutional investors: the $257 million Secured Opportunities account and the $98 million Investment Grade Securitised ...

O'Dwyer flags government intervention on insurance in super code

KARREN VERGARA  |  THURSDAY, 22 MAR 2018
... they need," she said. She's particularly concerned about low-income earners, young and disengaged members with multiple accounts and cover that doesn't suit their needs. An estimated 40% of Australians have multiple accounts, while some are paying for ...

Praemium data feeds added to BGL platform

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... on BGL's Simple Fund 360 platform. The new data feed will use BGL SmartPost II to automatically move money to ledger accounts. BGL managing director Ron Lesh said his team has been adding new data feeds every month. "Over the past 12 months we have added ...