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Showing 2081 - 2090 of 4013 results for "Accounts"

Future Fund expected to grow to $200bn

EMMA RAPAPORT  |  THURSDAY, 31 AUG 2017
... could run as a superannuation default fund, noting that it does not have formal mechanisms to receive money, keep member accounts, or pay money out.

SuperStream ushers in digital era

EMMA RAPAPORT  |  THURSDAY, 31 AUG 2017
... approximately 350,000 SMSFs, is said to enable faster rollover of member's monies from fund to fund, and greater consolidation of accounts. According to the ATO this has led to a sustained drop in the number of lost accounts. The simplified electronic ...

MGP looking toward a better 2018

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2017
Managed Accounts Holdings (ASX:MGP) flagged an increase in the intensity of its growth strategy following its full year results release. The managed discretionary account (MDA) providers posted a normalised net profit before tax of about $1.47 million ...

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
... high-risk employers, to ensure that unpaid superannuation is better collected by the ATO and paid to employees' super accounts. The ATO will also be given the ability to seek court-ordered penalties in the most egregious cases of non-payment, including ...

Iceberg MDAs driving managed account FUM

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2017
The amount of money pouring into managed discretionary accounts has seen the total funds under management in managed accounts rise 22.5% in just six months. According to the FUM Census from the Institute of Managed Account Professionals, as at 30 June ...

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
... offshore regulatory bodies, given that a number of these suspicious transactions involved a transfer of funds to overseas accounts," a Moody's report said. Operational and compliance problems of this nature highlight the challenges of maintaining tight ...

CommSec and CFS combine tech strengths

JAMIE WILLIAMSON  |  MONDAY, 28 AUG 2017
... launch, listed securities, cash, managed funds and term deposits will be available via Portfolio Service, with managed accounts to be offered in due course.

Spring FG to join dealer group ranks

JAMIE WILLIAMSON  |  MONDAY, 28 AUG 2017
... high-net-worth clients and about 15,000 retail account holders from historical corporate super programs. The appointment also accounts for $325 million of Spring FG's $850 million in assets under advice. Through the appointment, Financial Choice clients ...

Centrepoint Alliance seeks new MD, records strong FY17 profit

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2017
... billion, while gross inflows increased 23% to $1.1 billion. Contributing to this was a 250% growth in the use of managed accounts. According to de Zwart, the positive results and business growth were largely attributable to the group's continued investment ...

JPMAM wins global equities mandate

ALEX BURKE  |  WEDNESDAY, 23 AUG 2017
... Zealand wealth management firm. Describing the mandate from Gareth Morgan Investments as one of the largest separate accounts within the group's Global Research Enhanced Index Equity (REI) strategy, JPMAM head of Australia institutional Stephen Alcorn ...