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Showing 21 - 30 of 230 results for "Separation"

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... which could create a conflict of interest (real or perceived). Similarly, APRA observed inconsistent practices in the separation of operational staff from staff conducting valuation processes." There was also a high reliance on the investment manager's ...

Superannuation tax shakeup proposed by Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 9 DEC 2024
... concessional or non-concessional, subject to annual limits, and treated differently once made to a fund. The paper said this separation of contributions adds "unnecessary complexity to the system" and encourages "perverse strategies" that don't improve ...

The sensitive conversations advisers shy away from

KARREN VERGARA  |  TUESDAY, 3 DEC 2024
... advisers aren't normalising BFA conversations with clients, then who will? As a specialist in helping clients navigate separation and divorce, she recommends advisers be open with clients and ask them if BFAs exist or if they would consider one - ...

AMP completes advice licensees sale

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... in 16 advice practices for $82.5 million. AMP will book an accounting loss on the sale of about $36 million due to separation and transition costs in its upcoming 2024 financial year results. Neil Younger, Entireti's group chief executive and managing ...

Insignia completes MLC, NAB separation

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
Insignia Financial has completed the separation of MLC from NAB, transitioning the MLC MasterKey and Plum registries. Insignia Financial has transferred 700,000 MasterKey and Plum accounts, 55 systems and applications and more than 100 terabytes of ...

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... chief executive Scott Hartley said the business remains on track to deliver on its FY25 initiatives, including the separation from NAB, greater cost savings, embedding the new structure, and working on the FY26-30 strategy which is to be announced next ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... payments and Short-Term Incentives (STI)," he said. "The board's business judgment was also that the negotiated separation arrangements with the then-chief executive reflected his contribution and efforts and ensured his continued availability as ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
... Martin Fowler and Jordan Kennedy, and principal Andrew Wilson. Pitcher Partners managing partner Adam Irwin said the separation was "amicable", adding that the "transition will be smooth, with no disruptions for the clients of Pitcher Partners". Some ...

More financially secure women seek advice: Survey

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... Victoria told Financial Standard. Many of the female clients underwent a significant life event such as a divorce or separation, or the loss of a loved one. Some were used to their partners taking control of the finances and then thrown into the deep ...

Insignia Financial hires expert to boost brand exposure

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... week, which saw $185 million in net losses. The firm also halted dividends in the process and blamed transformation and separation costs for the loss, as well as an increased remediation bill.