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Showing 3971 - 3980 of 9281 results for "wealth"

Should banks fund customer litigation?

HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
... to find a different mode of behaviour." In the fifth round of hearings, counsel assisting Michael Hodge suggested NAB's wealth arm complicated the plan service fee issue, and systematically looked for any way to avoid refunding plan service fees to its ...

Lenders must recognise millennial wealth strategies

DARREN SNYDER  |  TUESDAY, 27 NOV 2018
... against home equity and home loan redraw facilities. "These borrowers firmly believe in gearing's effectiveness as a wealth creation strategy and on a net-basis agree others their age should also use leverage to achieve their goals," Carver said. ...

Advice group rebuilds following regulatory headwinds

DARREN SNYDER  |  MONDAY, 26 NOV 2018
... self-directed investors, the platform will relaunch as a retail superannuation offering "in due course." The diversified wealth management group will progress its other fintech, MyMoney247 - a personal finance management platform operated by MoneyBrilliant. ...

BlackRock appoints regional head

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... helped develop the firm's long-term growth strategy for China, and has been a key voice in our strategy for retirement, wealth, alternatives and sustainable investing. Geraldine has the business expertise we need to drive our business forward," Fink ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
Grattan Institute has called Labor's plan to end refunds of excess franking credits a "fair way" to improve the Federal Budget but it is still "second-best" as there are better solutions. Grattan's budget policy director Danielle Wood and fellow ...

Dexus partners with sovereign wealth fund

KANIKA SOOD  |  MONDAY, 26 NOV 2018
... $2 billion wholesale fund that will invest in Australian logistics properties as a joint venture with an Asian sovereign wealth fund. Singapore's GIC is initially taking a stake of about $417 million in the Dexus Australian Logistics Trust. Dexus ...

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... Australia's largest financial services institutions all agree - the use of vertically integrated business models in the wealth management arms of banks was not the reason for the industry misconduct exposed in the Royal Commission. In their responses ...

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
NAB chief executive Andrew Thorburn said the venture into wealth management by Australia's big banks was most likely a failure. Opening the final week of hearings into misconduct in financial services today in Melbourne, counsel assisting Michael Hodge ...

Chief economist update: Wall Street in drunken sailor's shadow

BENJAMIN ONG  |  MONDAY, 26 NOV 2018
... and the BOE got going) and the flood of money was underwriting developed and emerging equity markets alike, creating a wealth effect that was spurring spending and lifting economic activity. Now the Fed is taking away money, money, money from the system ...

Fund manager launches HNW advice

KARREN VERGARA  |  THURSDAY, 22 NOV 2018
... is now offering tailored financial advice for HNW and sophisticated investor clients within its subsidiary Clime Private Wealth. It also works with self-managed super funds, companies, charities and institutions. In January, Clime appointed Maria Greensill ...