Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3721 - 3730 of 9281 results for "wealth"

ANZ changes advice model, cuts Prime Access

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2019
... the group entered an enforceable undertaking with ASIC in relation to Prime Access. At the time, then-ANZ group executive wealth Australia, Alexis George said: "We acknowledge we did not meet customers' expectations by not providing them the services ...

Financial advisers weigh in on factor investing

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
... momentum. Interest rates, inflation, political issues and foreign exchange are some examples of macroeconomic factors. Wealth Planning Partners director Amanda Cassar does not target exposures to a single factor or has the clientele and time to employ ...

Advisers forgo charitable conversations: Poll

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
Many financial advisers intend to incorporate charitable giving in the advice process, but the majority still do not broach the topic with clients, a Financial Standard survey shows. More than half (54%) of the financial advisers polled do not have ...

NZ$5 trillion investor group supports Christchurch Call

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... group of NZ Super, Accident Compensation Corporation, Government Superannuation Fund, National Provident Fund and Kiwi Wealth. AMP Financial Services New Zealand, ANZ New Zealand Investments, JBWere NZ, Milford Asset Management, Westpac/BT Funds management ...

Mercer names administration services lead

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2019
... that he looks forward to working with clients and supporting the financial needs of members to secure their retirement wealth. Mercer Administration Services has more than $100 billion in funds under administration across 1.1 million member accounts. ...

Labor proposal targets low income earners: Association

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
The Alliance for a Fairer Retirement System is arguing Labor's refundable franking credits proposal does not target the wealthy but impacts low income earners instead. Deborah Ralston, spokesperson for the Alliance and chair of the SMSF Association ...

No single solution for advice: CFA

HARRISON WORLEY  |  TUESDAY, 14 MAY 2019
... Professionalising Financial Advice. CFA said not one solution could make a genuine, long-lasting impact on Australia's wealth industry, rather a combination of reforms are needed to rebuild trust and improve the outcomes for customers accessing financial ...

ANZ provides update on wealth sale

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
ANZ provided an update on its contractual arrangements with IOOF in relation to the sale of its OnePath Pensions and Investments business. The coupon rate ANZ pays on the debt note subscribed by IOOF reduced from 14.4% per annum to 2% per annum as of ...

CBA remediation bill crosses $2bn

KANIKA SOOD  |  MONDAY, 13 MAY 2019
... this morning. So far, CBA has spent or provisioned $534 million on remediating advice clients, $459 million on refunding wealth customers and $375 million on refunding bank customers. The $534 million of aligned remediation spend relates to advice clients ...

Finnies recognise wealth management disruptors

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
Several fintechs disrupting the wealth management industry have made the shortlist of FinTech Australia's third annual Finnie Awards. Spaceship, Raiz and Roll-it Super were named finalists in the Excellence in Wealth Management category. They join the ...