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Showing 2681 - 2690 of 10366 results for "Trust"

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
Pinnacle Investment Management has made a $3 million cornerstone investment in OpenInvest. Melbourne-based fintech OpenInvest said it will use the funding to increase staff numbers to continue the roll out of its investment administration technology ...

AMP reports mixed quarter

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
AMP's wealth management business saw $1.4 billion in outflows last quarter and AMP Capital's assets dropped by $7 billion; however, its North platform swelled by $1.7 billion. Providing a quarterly update to the ASX this morning, AMP said improved ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
The Financial Adviser Standards and Ethics Authority said the advice industry is closer to reaching the professional status it is striving to achieve. This is based on new figures FASEA has released to show that advisers are taking educational qualifications ...

Industry funds partner with AMP Capital

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
Cbus Property and UniSuper have invested with the AMP Capital Retail Trust, as AMP Capital demerges its private markets business, making a $2.2 billion move in the retail space. The two industry funds have taken majority ownership of Pacific Fair in ...

State Street creates head of Australia role

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
... general manager, Asia Pacific at fintech platform, additive. He also has experience in senior roles at BlackRock and Northern Trust, and at State Street Global Advisors from 1999 to 2003. Both Helyar and Hardy will report to chief executive for Asia ...

CFS fined $20m over super misconduct

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
Colonial First State will pay $20 million for misleading members in its FirstChoice Fund. The fine follows the court's decision in September that CFS had misled members on almost 13,000 regarding investment decisions, possibly deterring them from ...

Montgomery adds to global strategy

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... available to investors on October 21 following the partnership between both firms in March. The new fund is an open-ended trust with a minimum initial investment of $25,000 and provides investors access to 25 to 35 high-quality, growth-focused global ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
Financial advisers have been focused on mitigating the impacts of COVID-19 on superannuation for their clients, according to BT. BT's technical team received over 2000 enquiries from advisers in the September quarter and the most asked question was ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... resilience of the financial sector and rein in the kinds of poorly designed remuneration practices that have damaged community trust and prudential soundness in the past." "With just over a year to go until the new prudential standard takes effect, we ...

Actuaries Institute devises director skills checklist

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
... customers and the business; the amount of information required for these businesses to service customers means a high level of trust on the customer's part; and there is often a third-party intermediary involved. "It is therefore crucial that directors ...