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Showing 3151 - 3160 of 9281 results for "wealth"

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
Rice Warner founder Michael Rice has warned the superannuation industry to prepare for the government using the system as a means of repaying its stimulus debt, saying super won't be as sacred as it has been in the past. Rice has warned the superannuation ...

Balanced funds fundamentally flawed

ALLY SELBY  |  MONDAY, 25 MAY 2020
... those in or near retirement, and avoided by those investors that seek more absolute returns with a focus upon protecting wealth. For those nearing retirement, he recommends investors build an "all-weather" portfolio to protect wealth. "The premise of ...

IOOF settles class action

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
IOOF has settled one of the class actions brought against it on the back of the Royal Commission. The wealth group announced to the ASX this morning it has settled in the class action brought by Quinn Emanuel Urqhart & Sullivan in April 2019. The class ...

MLC launches new advice business

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
... today, and I'm excited to bring this unique proposition to market as we continue to refocus and reshape the broader MLC Wealth business."

Former UBS Wealth exec joins Centrepoint

HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
A former national head of strategy at UBS Wealth Management has joined the c-suite at Centrepoint Alliance. Brendon Glass has been appointed chief financial officer of major financial advice group Centrepoint Alliance, fresh off a set of interim advisory ...

Former CBA executive nabs industry body lead role

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... former deputy Prime Minister Warren Truss. Insurance Council president and chair Gary Dransfield said Hall would bring a wealth of corporate affairs and public policy experience to the industry body at a time when it faces a barrage of regulatory, consumer ...

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... compensation from Melinda and Robert Patterson and three related companies. Their company 8888 Group provided accounting, wealth advice and financial planning to her between 2013 and 2015. Despite shuttering, Spectrum Wealth is still listed as the firm's ...

Australian ETF market shows strength

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2020
... Co-author of the report and Stockspot chief executive Chris Brycki said ETFs will continue to be the success story of the wealth industry as investors look to add better diversification into their portfolios. "The transparency and performance of ETFs ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... as the biggest sector in Australia's superannuation market, with COVID-19 to blame. According to KPMG head of asset and wealth management Linda Elkins, the pandemic has put enough pressure on industry funds to see them fall well behind SMSFs. "The arrival ...

Westpac announces executive changes

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... financial crime capability and I am confident Les will continue to build on this platform of work." Vance would bring a wealth of knowledge of both the bank and its risk to the new role, helping to strengthen Westpac's management of non-financial ...