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Showing 2821 - 2830 of 9279 results for "wealth"

Super lifting retirees' financial wellbeing: HILDA

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
... HILDA survey found. Research from the Household, Income and Labour Dynamics in Australia Institute found that the mean wealth of retirees grew by 79% and median wealth grew by 85.2% between 2002 and 2018. Non-retirees on the other hand lagged behind ...

US wealth manager acquires three Aussie firms

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... been announced. Brady & Associates Group, Link Financial Services Group and the Westwood Group will join the Connectus Wealth Advisers network, having been acquired by Focus. In Australia, Focus already owns Escala Partners and MEDIQ Financial Services ...

RIR reveals bleak financial upside for disabled people

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
... disability, the more likely the person is to have a lower income. People with disability in retirement have lower average wealth, and lower home ownership rates, compared with the total retired population, the review found. On average, people with disability ...

Macquarie acquires US wealth manager

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
Macquarie Asset Management has entered into an agreement to acquire US-based asset and wealth manager Waddell & Reed Financial, Inc with further plans to offload part of the business to an advisory firm. The transaction values Waddell & Reed Financial ...

New MDA offering launched

ELIZA BAVIN  |  WEDNESDAY, 2 DEC 2020
Lifestyle Asset Management will introduce a new Managed Discretionary Advice (MDA) service to its authorised representative network and announced the appointment of an investment management coach. Lifestyle's MDA will launch a service pilot and invite ...

Future Fund appoints chief investment officer

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
Australia's sovereign wealth fund has confirmed the appointment of a chief investment officer after Raphael Arndt, who previously held the role, was appointed chief executive. Sue Brake has been confirmed as the chief investment officer of the Future ...

NAB names RBS alumnus as chief operating officer

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
... including group chief executive Central Asia, country officer Australia, chief executive retail in Australia and head of wealth management in Asia Pacific. He was formerly the deputy chair of the Australian Banking Association, deputy chair of the UK ...

Former Cbus chief takes prime role at AMP Capital

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
... organisations he has led and achieved respect through a values-based approach. "David will bring his accumulated experience of wealth and investment management and of reshaping organisational culture, including expertise in building diverse and inclusive ...

HSBC wealth lead lands chief executive role

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
HSBC's global chief executive of wealth and personal banking has scored the top job at a major financial services group. Charlie Nunn will become the group chief executive and executive director of Lloyds Banking Group, overseeing brands such as ...

Former Class Super chief joins regtech board

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... Western Australia Health Research and Innovation Fund (FHRI), which is backed by the state's $1.4 billion sovereign wealth fund. Ray was the chief executive of Class Super, which sells SMSF administration software for about four years between 2009 ...