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Showing 3471 - 3480 of 9281 results for "wealth"

Suncorp wealth chief steps down

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
Suncorp has announced its chief executive of banking and wealth will depart the group in early 2020. David Carter will step down from the role he has held since 2016 to take on the new position of group chief executive at motoring body, the Royal Automobile ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
... expectations by 10%, inflation massively damages their outcome, and they're actually 30% worse off in terms of their wealth at the end of this period." Beesley said that while inflation spikes were not a "base case risk", advisers should think about ...

Bravura acquires software firm

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
... consideration of $25 million. FinoComp is an Australian software company that will add functionality to Bravura and bring new wealth management clients from the UK. "They provide software for data analytics, client reporting, performance reporting and ...

Powerwrap appoints director

HARRISON WORLEY  |  MONDAY, 28 OCT 2019
Wealth management platform Powerwrap shuffled its board, after the resignation of a director. Fiona Boyd has been appointed as a director of the platform provider, after Donna Hardman stepped away from the board for personal reasons. Currently the chief ...

ASIC bans former Fitzpatricks employee

ELIZA BAVIN  |  MONDAY, 28 OCT 2019
A former Fitzpatricks Private Wealth employee has been permanently banned from providing financial services after stealing close to $300,000. The Australian Securities and Investments Commission said Emma Maree Radke provided administration services ...

IOOF struck by outflows, former chair resigns

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
... million from the previous period. IOOF reported funds under management increased 3.1% to $142.7 billion for the period. The wealth manager said it is an extremely challenging operating environment for the industry, but said it continues to experience ...

AMP Capital boosts Asia presence after record raise

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... than in Australia," Keary said. He said investors in the fund are pension funds, insurance companies and some sovereign wealth funds. "That's the ultimate, from my perspective, managing money on behalf of a country is a very big responsibility," Keary ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... remediation programs. The banks said the majority of the costs relate to issues identified in prior periods. The banks wealth division also took a blow, denting profit by $172 million for the year, bringing the banks total profit loss for 2019 to around ...

Internal talent shuffle at AMP

HARRISON WORLEY  |  WEDNESDAY, 23 OCT 2019
... operational processes to outstanding client outcomes," Bourguignon said. Earlier this month AMP combined its Australian wealth management and banking businesses into a new entity called AMP Australia, and appointed former wealth head Alex Wade as the ...

AllianceBernstein boss lands FSC directorship

HARRISON WORLEY  |  WEDNESDAY, 23 OCT 2019
... AB both globally and within Australia, such as launching its London office in 2000. FSC chair Geoff Lloyd welcomed the wealth of investment experience and knowledge Driscoll will bring the council's board. "A successful leader, Jen has demonstrated experience ...