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Showing 2681 - 2690 of 7425 results for "MAI"

Advisers divided over health programs

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
Life insurers increasing the awareness of client health and wellbeing programs still have hills to climb to win financial planner recommendations, latest industry research shows. An Investment Trends survey of 495 financial planners, completed in June ...

IRESS first half revenues up 8pct, wealth and lending lead

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
IRESS group outstripped its 1H17 revenue by 8% to hit $230 million, led by the wealth and lending segments. Australia and New Zealand wealth management operating revenue totalled $67 million for the first half - up 9% on the previous corresponding period. ...

Cromwell operating profit up 3pct, trims distributions

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
The $2.2 billion listed property manager has delivered an increase in operating profit of 3% as it continues with its strategy of capital management. Its statutory profit of $204 million was down 26.5% over FY17. However, its directors consider the ...

CCIV draws mixed reception: Research

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
Australia's Corporate Collective Investment Vehicle (CCIV) initiative received mixed responses from the global asset management community planning to ramp up cross-border strategies in the next five years, State Street research shows. Of the 250 ...

Mainstream co-founder becomes non-exec chair

HARRISON WORLEY  |  WEDNESDAY, 22 AUG 2018
The co-founder of Mainstream Group will transition away from his executive chair position at the administration services provider in October. Byram Johnston will become non-executive chair of the Mainstream board on October 1, having served as executive ...

JPMorgan fund excludes tobacco, cuts fees

DARREN SNYDER  |  TUESDAY, 21 AUG 2018
J.P. Morgan Asset Management's flagship multi-asset strategy in Australia now excludes tobacco stocks. It also cut its administration fee by five basis points and recently converted to a trust structure. The Australian-domiciled version of the JPMorgan ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
The Association of Independently Owned Financial Professionals is urging all financial advisers to reunite and put an end to "repugnant" reforms proposed by the Financial Adviser Standards and Ethics Authority. The AIOFP announced it is taking a "politically ...

Advisers can help democratise philanthropy

KARREN VERGARA  |  FRIDAY, 17 AUG 2018
Retail investors are fuelling changes in the philanthropic sector that present business development opportunities for the financial advice and wealth management industries, according to an expert. State Street Global Advisors SPDR head of practice management ...

AMP incorrectly charged more than $26 million: Royal Commission

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
The Royal Commission heard AMP incorrectly charged superannuation members more than $26 million in fees. AMP found itself in the witness box on Day 48 of the Royal Commission; with AMP Super chair Rick Allert answering questions in the morning session ...

Swiss asset manager eyes Aussie instos

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
A Swiss asset manager is offering two new sustainable infrastructure strategies with a combined capacity of about $1.7 billion to Australian institutional investors as it builds out its APAC presence. SUSI Partners currently has about $1.4 billion in ...