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Showing 2581 - 2590 of 9279 results for "wealth"

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... their 40s, 50s, and 60s are likely to be significantly worse off financially than their parents, with the intergenerational wealth gap only widening. Speaking at the Conference of Major Superannuation Funds, Taylor Fry principal actuary Hugh Miller explained ...

Boutique hires from Deloitte

ANNABELLE DICKSON  |  TUESDAY, 18 MAY 2021
... Management has appointed an equity analyst from Deloitte. Graeme Miller was a senior consultant in Deloitte's investment wealth and advisory practice. He was previously an analyst at Victor Smorgon Group, Mutual Trust, Zenith Investment Partners and ...

Boutique firm expands team

ANNABELLE DICKSON  |  TUESDAY, 18 MAY 2021
MGD Wealth has appointed several advisers to its Brisbane office following the firm's growth over the last year. Lee Chan, Julian King and Julian de Blonk have all joined as senior client advisers. Chan is the former principal of LJ Partners which MGD ...

New Martin Gilbert vehicle strikes first deal

JAMIE WILLIAMSON  |  MONDAY, 17 MAY 2021
... Having previously been a provider of outsourced firefighting services, AssetCo confirmed it would now focus on asset and wealth management activities. In its first major step since, AssetCo has acquired Edinburgh-based Saracen Fund Managers. Saracen ...

BlackRock secures licence to operate in China

KARREN VERGARA  |  MONDAY, 17 MAY 2021
BlackRock has advanced its expansion into China, obtaining a licence from the local regulator to operate in wealth management via a joint venture. China Banking and Insurance Regulatory Commission (CBIRC) has granted BlackRock CCB Wealth Management ...

AMP loses default KiwiSaver mandate

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... from nine to six. This resulted in AMP, ANZ and ASB being cut. Bank of New Zealand, Booster, BT Funds Management, Kiwi Wealth, Simplicity and Smartshares have retained their mandates. AMP Wealth Management chief executive Blair Vernon said he was disappointed ...

BetaShares hires from Class

ANNABELLE DICKSON  |  FRIDAY, 14 MAY 2021
... Poynton previously spent 18 years at Macquarie Group in several strategy and product roles including division director wealth product strategy, head of commercial management - wrap and division director strategy - Macquarie Adviser Services. He also ...

Deborah Ralston joins Household Capital

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... Unlocking the funds tied up in the third pillar of their balances, their properties, allows their lifestyles to match their wealth," he said. "We acknowledge the superb leadership provided by Jack Diamond, the outgoing chair of the Household Capital ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... Fed's prophecy of later-than-sooner tightening. This is because persistent losses in the equity markets would erode the "wealth effect", the rise in bond yields would make credit more expensive and the higher US dollar would reduce America's ...

Lonsec appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... appointed a new chief executive, after it announced Charlie Haynes's impending departure last month. Former Xplore Wealth chief executive Michael Wright will now lead Lonsec, after the ASX-listed platform business was bought by HUB24. Prior to Xplore ...