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Showing 4001 - 4010 of 8182 results for "Institutional"

Future of ANZ Wealth uncertain amid profit slide

ALEX BURKE  |  WEDNESDAY, 3 MAY 2017
ANZ Wealth's profit share in the bank's overall results continued to decline in the first half of FY17, underscoring six months of speculation as to the division's future. Back in November, ANZ chief executive Shayne Elliott said in a media briefing ...

Beneficiaries unfamiliar with death benefits

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
A large number of death benefit complaints could be avoided if trustees communicate to members and beneficiaries proper internal dispute resolution processes. This is particularly true when it comes to death benefits, according to the Superannuation ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
The Australian Tax Office's "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance, a Senate committee report found. The ATO's reactive rather than proactive practices significantly ...

Unlicensed financial services' provider convicted

EMMA RAPAPORT  |  WEDNESDAY, 3 MAY 2017
A Melbourne man has pleaded guilty in the Magistrates Court to one count of operating a financial services business without a licence. Grant Thorsby Ross (also known as David Thorsby Ross), the former sole director of both Motabank and Multimedia Marketing ...

Victorian DB liabilities hit $44bn

ALEX DUNNIN  |  WEDNESDAY, 3 MAY 2017
Victoria's state budget is projecting a 13% reduction in its superannuation liabilities fueled by a positive revaluation of investment expectations and a slight fall in its defined benefit obligations. Victoria's total defined benefit superannuation ...

HSBC rolls out Apple Pay

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
HSBC credit card customers using Apple devices can now 'tap and pay' when making purchases. The global bank is rolling out Apple Pay across the Australian market after experiencing a growing demand from customers to use the technology, HSBC Australia ...

Shaw and Partners appoints CIO

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
... investment philosophies and strategies; driving investment decisions; and taking a more commercial approach with institutional clients, according to co-chief executive Earl Evans. Crabb will also take a lead role in leading the branding and marketing ...

SG non-payment is an 'easy fix': ISA

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
Industry Super Australia is anticipating an "easy fix" for workers losing up to $300 million in superannuation drawdowns annually ahead of Senate inquiry findings into unpaid superannuation due to be released today. ISA estimates unpaid super costs ...

State Street services over half of global ETF assets

EMMA RAPAPORT  |  MONDAY, 1 MAY 2017
State Street has announced that global ETF assets under its administration have exceeded US$2 trillion. The Boston-headquartered corporation now services more than half (55%) of the global industry's ETF and ETP assets under management, according to ...

BetaShares launches small-cap fund

KARREN VERGARA  |  MONDAY, 1 MAY 2017
BetaShares has launched a small-cap fund that charges a management fee well below the industry average. The ASX-listed Australian Small Companies Select Fund (SMLL) aims to provide investors with capital growth and income by investing in small listed ...