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Showing 3751 - 3760 of 9281 results for "wealth"

Retirees to fall short: Research

HARRISON WORLEY  |  MONDAY, 29 APR 2019
... retire in the next 12 months - a 6% increase on 2018. However, the research shows intending retirees have average growth wealth of just $299,000. This is well below the $545,000 the Association of Superannuation Funds of Australia (ASFA) estimates an ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
The sovereign wealth fund has crossed $150 billion in assets after a strong quarter, as it readies to pitch in to the next Federal budget. The Future Fund returned 5% over the quarter to March end, taking its decade-long performance to 10.4% - 3.9% ...

IOOF breaches APRA licence conditions

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... by the 31 March 2019 deadline. IOOF was due to meet and comply with licence conditions imposed by APRA on the embattled wealth manager last December. However, according to an independent reviewer - engaged by IOOF - reporting on the firm's progress ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
The Australian Shareholders Association is set to take a swing against AMP at the wealth manager's AGM next week. ASA will vote against AMP's remuneration report at its annual general meeting next Thursday, as it harbours ongoing concerns about culture ...

Aussie instos among most responsible investors

HARRISON WORLEY  |  WEDNESDAY, 24 APR 2019
... University in Massachusetts, New America's Responsible Asset Allocator Initiative (RAAI) analysed and rated around 200 sovereign wealth funds and public pension funds against 10 core principles and 20 criteria for responsible investing practices, including ...

Insurance expert joins $33bn super fund

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... Equipsuper ($5.4bn) and QSuper ($3.8bn). This was at the expense of retail funds: MLC Super (-$1.5bn), BTFG (-$1.46bn) and ANZ Wealth (-$1.1bn), which recorded the largest outflows.

Superannuation fund drops fees

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... charged from 30 March 2019. CareSuper said its former DIO provider is withdrawing from the market in mid-2019. "OneVue Wealth Services Limited will offer a new-look DIO online portal with a reduced monthly DIO administration fee for members," it said. ...

NAB remediation bill hits $1.1bn

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2019
... Australia Bank has set aside an additional $525 million for customer remediation, more than 90% of which is in relation to its wealth operations. The total owing is now estimated at more than $1.1 billion. Announced today, the $525 million (after tax) ...

New role for former ClearView executive

HARRISON WORLEY  |  WEDNESDAY, 17 APR 2019
A former head of dealer group services at ClearView Wealth joined a firm helping accountants looking to expand into financial planning. Crescere Partners appointed Andrew O'Riordan as operations manager as the firm grows to meet the increasing demand ...

Advisers loyal to XPLAN: Report

KARREN VERGARA  |  WEDNESDAY, 17 APR 2019
... of financial planners use COIN, AdviceOS, or AdviserLogic as their main advice delivery applications. CCUBE Integrated Wealth, Advice Intelligence, and Plutosoft are recent additions to the market. Advice Intelligence and Milliman were awarded the Planning ...