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Showing 261 - 270 of 616 results for "Wealth manager"

IOOF identifies 67 high risk advisers

ELIZA BAVIN  |  FRIDAY, 10 JAN 2020
Embattled wealth manager IOOF has told the House of Representatives Standing Committee on Economics that it has identified 67 "higher risk" financial advisers within its business. The number comes as IOOF fronts the committee to answer questions previously ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... related services. AMP's response came on the back of a question from Victorian Labor MP Daniel Mulino, who asked the wealth manager to demonstrate how its fundamental relationships had shifted since the Royal Commission as AMP attempted to remove conflicts ...

Advice group partners with new platform

JAMIE WILLIAMSON  |  WEDNESDAY, 8 JAN 2020
An ASX-listed platform provider has won a mandate from a Melbourne-based private wealth management firm. Wattle Partners Private Wealth Managers has selected Powerwrap to provide its clients with platform administration and reporting services as well ...

IOOF continues leadership reshuffle

HARRISON WORLEY  |  FRIDAY, 20 DEC 2019
... management review initiated by new chief executive Renato Mota earlier this year has finally come to an end, with the wealth manager set to appoint a new chief financial officer and general counsel as the incumbents prepare to depart. Current chief financial ...

Wealth manager launches new platform

ELIZA BAVIN  |  THURSDAY, 12 DEC 2019
A Tasmania-based wealth manager has announced the launch of a new managed fund platform and appointed a custodian. MyState's wealth management business, TPT Wealth, has launched a new platform to provide managed fund investors with national digital ...

ASIC takes action against former AMP adviser

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
ASIC commenced civil proceedings against a former authorised representative of AMP accused of operating an unregistered managed investment scheme and using investor funds for themselves. The corporate regulator has taken action against former financial ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
Profitability in life risk insurance has dropped to the extent that the sector is now loss-making in aggregate, according to KPMG. The global consultant's analysis of the financial results of Australia's life insurers shows the sector made an ...

Best of times, worst of times for advice

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... means that it's an entirely different landscape that we're dealing with." Michael Hutton, partner and personal wealth manager at HLB Mann Judd agreed with Miller but said that he is also seeing the current environment as full of opportunity. "Following ...

IOOF risk chief walks after four months

HARRISON WORLEY  |  WEDNESDAY, 20 NOV 2019
... months after taking on the role. IOOF has confirmed the departure of chief risk officer Amanda Noble, who joined the wealth manager in July as the first senior executive appointment by new chief executive Renato Mota. At the time, Noble's appointment ...

Crestone profits boosted by clients

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... employees include more advisers, a larger support network and increased strength in the investment teams," the wealth manager said. Revenue was up 11% to $107.8 million and EBIT of $11.5 million, in line with the company's three-year strategic outlook. ...