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Showing 2031 - 2040 of 9279 results for "wealth"

AMP completes Resolution Life divestment

ANDREW MCKEAN  |  WEDNESDAY, 29 JUN 2022
... initially made its $3 billion acquisition of AMP Life in 2020. The agreement saw Resolution Life acquire AMP's mature and wealth protection business. Under this agreement, AMP also took a minority state in Resolution Life Australia. At the time Resolution ...

Former adviser charged over faked books

CHLOE WALKER  |  TUESDAY, 28 JUN 2022
... falsified company books on seven different occasions while carrying out his financial planning and advice business, Financial Wealth Advisers. During this time, Nguyen was licensed by GWM Adviser Services and Interprac Financial Planning. It is further ...

Wealth industry on the cusp of evolution: Report

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
The wealth industry is on the cusp of evolution, with predictions APAC and North America will drive around 80% of worldwide new wealth creation until 2026. According to a report published by Oliver Wyman and Morgan Stanley, leading firms that are accelerating ...

State Super welcomes new board director

JAMIE WILLIAMSON  |  TUESDAY, 28 JUN 2022
... founded. Prior to that, she was general manager of Westpac's commercial bank. She also served as general manager, private wealth and chair of BT Nominees. Over the course of her career, she has also held roles with Commonwealth Bank, GE Capital, Barclays ...

Australia home to high proportion of women billionaires

CHLOE WALKER  |  MONDAY, 27 JUN 2022
Australia has ranked third in the world for the highest proportion of female billionaires, according to Forbes' 36th annual billionaire list. The top spot was jointly held by Barbados and Portugal with one billionaire each (in both cases, a female). ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
... model fees and caps placed on financial advisers, warning the current climate will lead to an underinsured population. The wealth manager picked at old wounds in its submission to the treasury review, arguing increased costs brought on by the Future ...

Apex Group wins fund admin mandate

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... towards projects which benefit not only their investors, but our planet, now and in the future." Octopus Group works with wealth managers, investors and institutions and said its one of the largest owners of renewable energy projects in Australia and ...

Young investors undeterred by volatility: Data

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
... Pearler for investors in their late 20s to early 40s have outpaced sell orders 8 to 1, as younger investors continue to build wealth. "The heightened market volatility this year has presented many challenges for younger investors who are looking to grow ...

Brookfield raises record amount for ESG fund

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
... institutional close for the fund, amassing US$15 billion from more than 100 public and private pension funds, sovereign wealth funds, insurance companies, endowments and foundations, financial institutions, and family offices. Brookfield itself is the ...

Equip makes key leadership appointments

CASSANDRA BALDINI  |  THURSDAY, 23 JUN 2022
... while the industry continued to consolidate and evolve the role would remain critical for the fund. "Maryanne brings a wealth of experience and I'm excited to see Equip continue to attract such talented staff," he added.