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Showing 3391 - 3400 of 9281 results for "wealth"

Geared super funds hit jackpot

HARRISON WORLEY  |  FRIDAY, 10 JAN 2020
... top of the performance tables. Colonial First State options took out the first eight positions in the top 10, with the wealth manager's FirstChoice Wholesale Pension Geared Share option achieving a 68.6% net return for the 12 months to November. On a ...

Faith-based super fund increases fees

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
The faith-based superannuation fund for Muslims has announced an increase to its administration fee. Crescent Wealth Superannuation Fund upped its administration fee from 0.69% per annum to 0.89% per annum. The changes come after the promoter of the ...

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 ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... Demand for oil, bonds and gold has lifted as investors turn towards commodities and "safer" investments to hedge their wealth against global uncertainty and fears of a new war in the Middle East.

Platform ends year with hiring spree

ELIZABETH MCARTHUR  |  THURSDAY, 9 JAN 2020
... ASX-listed platform ended 2019 with a raft of new hires, including additions to the board of its superannuation offering. Xplore Wealth appointed Karen Machovsky as project governance and change management head and Durand Oliver as state distribution ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
Francesco De Ferrari's long touted shake-up of AMP's wealth management business is starting to take shape, with the firm just months away from culling a superannuation trustee and five super funds. Responding to a question on notice from its November ...

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
Major players in the wealth management industry are taking steps to help those affected by the ongoing bushfires, with the crisis also sparking debate over whether early access to superannuation savings should be made available. This week the Financial ...

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 ...

Goldman Sachs realigns reporting structure

ALLY SELBY  |  WEDNESDAY, 8 JAN 2020
... segments, which will now be released quarterly, include investment banking, global markets, asset management and consumer & wealth management. The new segment's results will be released on January 15, allowing investors and analysts to better compare ...

Masterfunds up $26 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
... corresponding outflows that jumped 16.5% to $164.6 billion. The growth in FUM was led by netwealth which has 31.3% boost, Xplore Wealth had the next best year for FUM growth with 8.8%, IOOF saw an 8% increase and Commonwealth/Colonial saw 5%. There was ...