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Showing 3511 - 3520 of 9281 results for "wealth"

Elders in discussions over future

ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
... regulatory compliance and insurance costs," the company said. Elders Financial Planning is a joint venture, 51% owned by wealth manager IOOF and 49% owned by Elders. "EFP has conducted a review of its business and had identified a potential way forward ...

Return to the mutual model: Expert

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
... principles. "In hindsight the post mutual era has been a disaster and with major banks announcing they are jettisoning their wealth/insurance arms and many like the AMP restructuring and downsizing their adviser networks," Daniels said. "Industry and ...

Bravura signs with major fund administrator

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
... Group revenue for the full year increased by 16% to $257 million, with an NPAT of $32.8 million - up 21% year on year. Wealth management revenue increased 14% to $176 million, while the funds administration division saw $80.9 million. Bravura said the ...

MLC funds tone down return expectations

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
... fees'. This is one of the reasons the return in the investment objective is low," it told the investors. Yesterday, MLC Wealth appointed three to its asset management leadership team and rebranded NAB Asset Management.

RC sting felt in finance pay packets

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
... slowed as a result," the report found. "It was a year in which many candidates moved out of the Big 4 bank-owned and AMP wealth management businesses into smaller wealth management businesses and/or into other categories within financial services." Across ...

NAB hit with extra billion in remediation

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
... to August this year and have a dedicated team of 400 people handling remediation. The bank says 92% of charges are for wealth and insurance related matters, with the remainder being for banking related matters.

IOOF expands advice team

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2019
The wealth manager has welcomed Leanne Gregory-Aylett to its advice team under the newly created position of general manager advice delivery. Gregory-Aylett has over 20-years' experience in the financial services sector having previously held positions ...

MLC Wealth finalises leadership, rebrands NAB Asset Management

JAMIE WILLIAMSON  |  TUESDAY, 1 OCT 2019
MLC Wealth has appointed three to its asset management leadership team. At the same time, NAB Asset Management has been formally rebranded. From today, NAB Asset Management will be known as MLC Asset Management. "Based on a fundamental belief in diversification ...

Former Deutsche director joins EQT

HARRISON WORLEY  |  MONDAY, 30 SEP 2019
... as an investment specialist in its asset management team, with a remit to work closely with its philanthropy and trustee wealth services teams to service for-purpose organisations and charitable trusts. Most recently a director of institutional sales ...

Global manager pushes Australian expansion

ELIZA BAVIN  |  MONDAY, 30 SEP 2019
... value, plus performance fees will be taken into account across the equity and credit investments. It is believed Crestone Wealth Management was one of the early backers of the fund, with reports it committed the first $50 million. Hamilton Lane entered ...