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

Search Results

Showing 2151 - 2160 of 4013 results for "Accounts"

Barclays refunds US$97m for overcharging clients

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2017
... brokerage clients by recommending more expensive share classes when less expensive options were available. Another 22,138 accounts were overcharged from miscalculations and billing errors. Barclays did not confirm nor deny the SEC's findings, but agreed ...

Worried parents prefer banks over stocks: Stockspot

EMMA RAPAPORT  |  WEDNESDAY, 17 MAY 2017
Parents who are worried about housing affordability and their children's financial futures are choosing bank accounts over share investment portfolios as the preferred savings vehicle. A Stockspot report found 85% of parents worry their children will ...

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
... Courtenay House director Tony Iervasi from leaving the country. According to ASIC, the amount of investor funds held up in accounts associated with Courtenay House "could be as much as $25 million."

Netwealth adds multi-asset and equity solutions

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2017
... the Sterling models. It's fantastic that another successful licensee continues to embrace the many benefits of managed accounts for both advisers and their clients," Heine said. Also commenting on the deal, Futuro managing director Paul Kelly said: "We're ...

First home buyers: Devil is in the detail for super funds

EMMA RAPAPORT  |  THURSDAY, 11 MAY 2017
... Labor Party's First Home Saver Account failed was that it was complicated and the banks never really promoted the special accounts that were required for the deposits to go into," Beveridge said. "You can bet software architects at superannuation funds ...

Federal Budget is a Ginger Spice

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... "As clients can use pre-tax dollars, it is likely to be more successful than the largely unlamented First Home Savers Accounts that had the popularity of a bunch of lead balloons," Breckon added. He saw the industry as being less positive about the bank ...

Tax breaks delivered to first home buyers

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... on the 90 day Bank Bill rate plus three percentage points. According to the Budget, while these are First Home Saver accounts there will be no age limited on those who can contribute funds, and both members of a couple will be given access to the measures. ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... degree of vertical and horizontal integration." "It will also examine competition in the provision of personal deposit accounts and mortgages, and services and finance to small and medium businesses," he said. The review comes part of the broader Financial ...

New CFO for Vanguard Australia

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2017
... accounting, administration and transfer agency services for Vanguard Australia's managed funds and separately managed accounts. "Johanna brings valuable experience to Vanguard Australia at a time when our sustained growth sees us serving an increasing ...

Macquarie boosts AUM, earnings flat

KARREN VERGARA  |  FRIDAY, 5 MAY 2017
... than 7000 advisers and clients in its network. Last year, the platform added 63 managed funds and 29 separately managed accounts (SMA). Some 75 SMAs are offered on Macquarie Wrap from 18 investment managers. Income for its life insurance business meanwhile ...