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Showing 3931 - 3940 of 9281 results for "wealth"

Former adviser charged over super theft

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... Downing Centre Local Court in Sydney this week facing 20 charges relating to dishonest conduct while he was director of Wealth Achievers. It is alleged McSweeny transferred client funds - mostly retirement savings - into bank accounts held in the name ...

Grandfathered commissions: Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... superannuation and investment products across the wider industry and believe a legislative approach should be considered," CBA Wealth Management chief operating officer Michael Venter said. NAB has also announced that NAB Financial Planning and NAB Direct ...

ASIC permanently bans former Apogee adviser

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... his clients and had not provided them with appropriate advice, ASIC said. Saad, from Victoria, was the sole director Saad Wealth. He was an authorised representative of Apogee from 10 April 2012 until 16 October 2017. Apogee revoked the letter of authority ...

Multiforte founder takes AFA Inspire lead

HARRISON WORLEY  |  TUESDAY, 18 DEC 2018
... advice. The AFA appointed Kate McCallum as the national chair of AFA Inspire, bringing the Multiforte co-chief executive's wealth of experience to the group's leadership ranks. McCallum also chairs the NSW Council of FINSIA, and has held various senior ...

Portfolio implementation delays costing investors

JAMIE WILLIAMSON  |  TUESDAY, 18 DEC 2018
... The speedier implementation of portfolio changes enabled by managed accounts can have a significant impact on investors' wealth, latest Lonsec analysis shows. Citing responsiveness as a key benefit of managed accounts, Lonsec measured the hypothetical ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... investors in that strategy, and it won't meet the ASX listing rules," he said. Andrew Mitchell was profiled in FS Private Wealth previously, here.

Markets could delay retirement plans

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... to delay their plans as lackluster share market returns, falling property prices and low interest rates obstruct their wealth. Recent research by Roy Morgan found Aussies would retire with an average gross wealth (total assets excluding owner-occupied ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... leader has joined the board of a $250 million Islamic superannuation fund. John Hewson will join the board of Crescent Wealth as it prepares for significant growth in 2019. Hewson led the Liberal Party from 1990 to 1994. Hewson is also an economist ...

MLC admin error hits superannuation DB members

KARREN VERGARA  |  FRIDAY, 14 DEC 2018
... website is temporarily unavailable. NAB, the parent company of MLC and Plum, flagged in May it will divest its super and wealth management operations by the end of 2019. It retained 20% of MLC's life insurance business, the majority of which was ...

NZ Super awards $300m mandate

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
... public offerings. Neuberger Berman head of the principal strategies group Joseph Rotter said: "As a world class sovereign wealth fund, NZ Super Fund's approach of building deep partnerships with its mandate managers aligns well with Neuberger Berman's ...