Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2971 - 2980 of 9279 results for "wealth"

WAM names new board member

ALLY SELBY  |  THURSDAY, 3 SEP 2020
... Pacific, based in Sydney. Previously, he has worked with Commonwealth Bank as its executive general manager of retail and wealth, before being promoted to chief technology officer. He also worked with Suncorp Group for more than five years, where he ...

Official recession not that scary: Economists

ELIZA BAVIN  |  THURSDAY, 3 SEP 2020
... But this support cannot last forever." Pearson said in the coming months, many households may face hits to incomes and wealth, and elevated levels of unemployment. "And many businesses will be cautious about investing in their future while there is excess ...

CommSec adds general manager

JAMIE WILLIAMSON  |  THURSDAY, 3 SEP 2020
... retail brokerage arm. He joined from Westpac where he served as an investment director, catering to the group's private wealth clients, for the last 18 months. Confirming his new role, a CBA spokesperson told Financial Standard : "In this role, Smoker ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... follow the news earlier this week of IOOF's acquisition of MLC and consolidation of licensees, closing FSP, Executive Wealth Management and Actuate and transitioning the attached advisers to their choice of remaining IOOF licensees. Marking its second ...

Former Crestone CIO starts new boutique

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
A former chief investment officer of Crestone Wealth Management has started a new Sydney boutique that invests in equities, with plans to expand into other asset classes. David Sokulsky left Crestone in late 2017 to move to LIC Concentrated Leaders ...

Future Fund posts negative year, cashes up

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
The $161 billion sovereign wealth fund today reported a return of -0.9% for FY20 and increased its cash holdings by about $11.8 billion in the three months since March end. This is the Future Fund's second year of negative returns in its 15-year life ...

La Trobe launches new loan suite

ALLY SELBY  |  WEDNESDAY, 2 SEP 2020
Diversified wealth manager La Trobe Financial has launched a suite of a new loan products, which it says will help better meet shifting consumer needs in the wake of the COVID-19 pandemic. La Trobe has launched three new products: an Everyday Heroes ...

AMP reviews business units

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... of the group's assets and businesses, in the first major move by newly appointed chair Debra Hazelton. The embattled wealth manager said its board remains committed to AMP's transformation strategy and is confident that the review will deliver ...

Financial Standard launches FS Sustainability

STAFF WRITER  |  TUESDAY, 1 SEP 2020
... Sustainability aligns the publication with Financial Standard and its suite of journals - FS Advice, FS Super, FS Private Wealth and FS Managed Accounts. The Sustainability Report was acquired by Financial Standard 's owner, Rainmaker Group, in October ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... Banking Royal Commission, with hundreds of planners bearing the brunt of brutal restructures and fire sales by banks and wealth funds," ombudsman Kate Carnell said earlier this year. "We remain concerned about a number of behaviours that may include ...