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Showing 3961 - 3970 of 9281 results for "wealth"

Chief economist update: Tariff man takes Wall Street down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2018
... of Wall Street's gains... and then some. "....I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so. It will always be the best way to max out our economic power. ...

AMP replaces Regan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
... and that shareholder's interests were prioritised above clients'. He even apologised to clients on behalf of the wealth giant while in the box. His testimony kicked off what can only be described as a woeful year for AMP, with chief executive ...

WAM names prospective Blue Sky LIC team

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
... committee. He has previously worked as a strategic advisor in alternative assets, private equity and private debt for sovereign wealth funds including Future Fund and NZ Super. Under the proposal, Siew and Wilson would also be appointed to the board. ...

ASIC strips Melbourne firm of AFSL

KANIKA SOOD  |  MONDAY, 3 DEC 2018
... In seeking the January restraining order against Financial Circle, ASIC called the Financial Circle case a "sequel" to Wealth Risk Management [injunction] proceedings of 2017. That case was settled in February this year with a $7.8 million fine from ...

Fiducian acquires Perth financial planning firm

KANIKA SOOD  |  MONDAY, 3 DEC 2018
The ASX-listed wealth and advice business is acquiring a Perth-based financial planning business that advises about $73 million of client money. Fiducian Group is spending $1.66 million on the acquisition component of the deal, funded from cash. Once ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... index fell by 5.7% in the year to November, led by 8.1% drop in Sydney and a 5.8% decline in Melbourne. It has a negative wealth effect. To these could be added the persistent decline in personal credit - down 1.6% in the year to October from 1.5% in ...

HUB24 secures bespoke platform mandate

JAMIE WILLIAMSON  |  FRIDAY, 30 NOV 2018
HUB24 is delivering a custom platform solution to the national adviser network of a 115-year-old wealth management business. Patersons Securities selected HUB24's platform to white label and run alongside its existing in-house platform Accolade. Patersons ...

Tax treatment of granny flats under review

JAMIE WILLIAMSON  |  FRIDAY, 30 NOV 2018
... favourable outcome for pensioners as it prevents their age pension entitlement being reduced, while also facilitating early wealth transfer to beneficiaries. However, these arrangements are usually informal, as the imposition of CGT can act as a deterrent ...

Mercer creates portfolio management lead role

KARREN VERGARA  |  THURSDAY, 29 NOV 2018
... having recently worked as a senior investment manager at the Irish Strategic Investment Fund (ISIF), Ireland's sovereign wealth fund. He previously held portfolio management roles at Pioneer Investments, which is part of European asset manager Amundi ...

Asset manager consolidation top of mind for HNWIs

DARREN SNYDER  |  WEDNESDAY, 28 NOV 2018
... 95% of high net worth individuals in Asia Pacific (excluding Japan) are prepared to consolidate assets with their primary wealth manager, provided there's a strong connection. But it's less likely in Australia. The number dips to 73% for HNWIs ...