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Showing 4051 - 4060 of 9281 results for "wealth"

Schroders, Lloyds mull wealth venture

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
Global investment manager Schroders is in talks with Lloyds Banking Group Plc to take on the wealth management sector in the UK. A Schroders spokesperson confirmed that Schroders "is in discussions with Lloyds Banking Group plc with a view to working ...

Analysts await next Magellan move

KANIKA SOOD  |  TUESDAY, 9 OCT 2018
... aspects," Nguyen said. For sell-side analysts at the investment banks, Magellan remains a promising bet among the ASX-listed wealth management companies. J.P. Morgan analysts, led by Russell Gill, don't believe the "management merry-go-round" to ...

Bank cross-selling success declines: Research

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... have less than a third of their customers' share of wallet (total financial services spending including savings, loans or wealth management products). That share has fallen in the last four years, with NAB seeing the greatest loss of 3.7% bringing its ...

Netwealth releases adviser toolkit

KANIKA SOOD  |  FRIDAY, 5 OCT 2018
Netwealth has launched a free open-source toolkit that wealth management businesses can leverage for innovation workshops in their offices. The first release focuses on customer experience and journey. The netwealth customer Journey Map workshop puts ...

IOOF appoints dealer group chief

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
... four licensed businesses IOOF acquired from ANZ; a transaction that was finalised this week. IOOF group general manager of wealth management Renato Mota said Kellett's 20 years of financial services experience made him ideal for the job. "We are pleased ...

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
... practice of charging premiums to dead life insurance customers in a submission to the financial services Royal Commission. The wealth manager continued to deduct life insurance premiums from a deceased customer, even after AMP has been notified of their ...

FPA award finalists named

JAMIE WILLIAMSON  |  THURSDAY, 4 OCT 2018
... in November. Vying for the title of FPA Certified Financial Planner Professional of the Year is Michael Carmody of Viva Wealth; James McFall of Yield Financial Planning; and VISIS Private Wealth's Chris Smith. Meanwhile, Eureka Whittaker Macnaught, VISIS ...

Legal woes continue for super fund

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... Justice Australia principal lawyer David Barnden said: "Like superannuation funds in Australia, pension funds and sovereign wealth funds across the world must act with care, skill and diligence. They also must act in the best interest of beneficiaries." ...

IOOF completes ANZ dealer group acquisitions

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
... on the progress of acquiring ANZ's One Path Pensions and Investments (ANZ P&I) business. As of Monday, the diversified wealth manager took full legal ownership of ANZ's aligned dealer groups, and finalised the substantial "economic" completion of the ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... representations to ASIC about the character of the Clayton Utz report." AMP acting chief executive Mike Wilkins said the wealth manager is reviewing the report. However, he did note the business has been reset under new leadership following the advice ...