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Showing 291 - 300 of 4001 results for "Accounts"

JANA hires Mercer principal

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
... reflects the increasing demand for sophisticated investment solutions in the wealth sector. As interest in tailored managed accounts and specialist consulting services accelerates, he will play a pivotal role in growing JANA's business with private ...

CFS Edge, North enhance platform capabilities

MATTHEW WAI  |  THURSDAY, 20 MAR 2025
Colonial First State (CFS) and AMP have announced updates to their respective managed accounts (MAs) platforms - CFS Edge and North - bringing new international investment options and technological advancements. The CFS Edge platform has expanded its ...

AFCA opens consultation on financial elder abuse, family violence

KARREN VERGARA  |  WEDNESDAY, 19 MAR 2025
... definitions and scope. It wants to provide clarification on how family violence and financial abuse occurs outside joint accounts that includes fraudulently or coercively opened accounts, as well as adjust the language around 'financial difficulty' to ...

Managed account use at record high: Data

MATTHEW WAI  |  MONDAY, 17 MAR 2025
... State Street Global Advisors and Investment Trends shows about 59% of Australian financial advisers are now using managed accounts (MAs), as performance remains the top criteria for advisers. According to the SPDR ETFs / Investment Trends Managed Accounts ...

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... AustralianSuper's alleged delayed processing of nearly 7000 death benefit claims and its failure to merge multiple accounts, Aware Super charging fees for no service, Westpac/ BT incorrectly charging insurance commissions to members, and Colonial ...

ASIC slaps FIIG Securities with lawsuit

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
... stealing highly sensitive client information such as names, addresses, birth date, driver's licences, passports, bank accounts, and tax file numbers. The data was then released on the dark web. The breach occurred after a FIIG employee downloaded ...

ETF market dips but bright spots emerge

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
... the number of trades year on year, with a 2.67% increase in traded value and 10.92% increase in the number of advised accounts trading domestic fixed income ETFs. AUSIEX also found that the holdings in domestic fixed income ETFs were close to 60% higher ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... AustralianSuper follows it being ordered to pay a $27 million penalty after ASIC sued it for failing to merge multiple member accounts, a case that impacted more than 42,500 members. Member services are also in the crosshairs of the government. Earlier ...

Managed accounts sector grows to $233bn

KARREN VERGARA  |  TUESDAY, 11 MAR 2025
Managed accounts assets jumped 23.2% to $232.8 billion in the year to 2024, the latest figures from the Institute of Managed Account Professionals (IMAP) show. The latest census, produced in conjunction with Milliman, reports separately managed accounts ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... it is currently in market hunting for such a deal and will shortly release more details. It will also launch a managed accounts offering in the investment-grade space and a BBSW +300 managed discretionary account (MDA) that will target investors wanting ...