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Showing 3551 - 3560 of 9281 results for "wealth"

Members shift to industry super funds

KARREN VERGARA  |  THURSDAY, 29 AUG 2019
... began before the banking Royal Commission, she said, at a time when the big banks and institutions began offloading their wealth divisions. Loane sees retail funds re-emerging in a more efficient way via engaging younger members and digital means.

Train of legislation to hit advisers

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
Speaking at the Association of Financial Advisers National Conference, former Foreign Minister Julie Bishop expressed sympathy for the regulatory changes the advice industry is facing. Touching on the Royal Commission, Bishop said the reputational harm ...

Nominees await top AFA honours

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... Watson, Elliot Watson Financial Planning 2019 AFA Rising Star Chris Carlin, Master Your Money Now Victoria Devine, Zella Wealth Ellie Fordham, Dozzi Financial Advice Daniel Jackson, DBK Financial Solutions Pty Ltd Jade Louise McKay, Essential Financial ...

Future Fund returns 11.5%, crosses $160bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
Australia's sovereign wealth fund returned 11.5% in the year to June, with chair Peter Costello likening the returns to that of a "high growth" superannuation option but with much lower risk. The Future Fund now manages $162.6 billion, after adding ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... platform market in Australia is in managed accounts already and that number is growing every year. According to Lonsec head of wealth management sales Tony Nejasmic, advisers must be wary of the conflicts that exist. "Managed accounts have the potential ...

MLC Wealth hunts new talent

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2019
MLC Wealth is looking to fill four general manager roles to lead its restructured financial advice business. A spokesperson for NAB has confirmed the group is looking to appoint four new general managers; one for Godfrey Pembroke, another for the white ...

Down but not out: Top advisers adapt

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... advisers registered on the ASIC FAR. Much of the movement is attributable to large institutions culling or downsizing their wealth operations. After exiting personal advice, Westpac lost 338 advisers since February - the most of any licensee. Securitor ...

Value but no trust in advice: Report

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
New research from ASIC reveals what consumers really think when it comes to financial advice. The independent research, commissioned by the regulator, found that while consumers can see the value in seeking financial advice, lack of trust in the industry ...

KPMG names financial services head

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... leader for financial services. The role will see the former Barclays executive assume overall responsibility for the firm's wealth management, superannuation, insurance, banking, real estate and private equity advisory practices. Knoll joined KPMG in ...

Perpetual in acquisition mode

KANIKA SOOD  |  FRIDAY, 23 AUG 2019
... Perpetual's total revenue across the three business segments was 4% lower at $514 million. Both the investments and private wealth business reported a dip in their profits before tax but the corporate trust services business profit grew by 12% during ...