Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4171 - 4180 of 9281 results for "wealth"

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... breaches following an ASIC investigation in February 2017. ASIC initially made enquiries into breach reports lodged by NAB wealth entities regarding NULIS. These related to a "breakdown in risk management and communication procedures" after members in ...

Credit Suisse promotes private banking specialist

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... market in Credit Suisse's strategy of expanding the regional onshore private banking footprint in the world's largest wealth markets." Marr said he is excited to take on the new role. "I very much looking forward to building on the remarkable success ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... fee reductions, the cuts will have no impact on AMP's first half results for 2018 but will impact its FY2019 Australian wealth management investment related revenue by $50 million annualised. Australian wealth management IRR (internal rate of return) ...

Industry bodies respond to RG97 review

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... operators regulation should be reviewed. More than $500 billion is invested through platforms typically owned by banks and wealth management groups, and used by financial planners, he said. "Much of the complexity is driven by the structure of platforms ...

Future of superannuation leads FSC Summit

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... legacy arrangements, fewer accounts, and greater demand for needs-based insurance. This was a key message from PwC asset and wealth management leader Craig Cummins as he opened the Financial Services Council Summit in Melbourne this morning. Setting ...

Australian Unity expands investment bond offering

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
Australian Unity announced 13 new investment managers have joined its Lifeplan Investment Bond. The national health, wealth and living mutual company also unveiled 24 new investment bond options for its investment bond offering. Lifeplan Investment ...

PPS Mutual creates state manager role

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... She brings to the role extensive knowledge of financial advice businesses and issues facing advisers. Her experience in wealth and financial advice spans 13 years, having worked at TAL as national accounts manager of the platforms business, responsible ...

Advice firm partners for lending expertise

JAMIE WILLIAMSON  |  TUESDAY, 24 JUL 2018
... business is expanding its service offering by way of a strategic alliance with a Sydney-based brokerage firm. Cardena Private Wealth and Thyme Financial Group are joining forces to provide Cardena clients with access to specialist lending expertise. ...

Custodian strengthens front-office with $3.5 billion acquisition

KANIKA SOOD  |  MONDAY, 23 JUL 2018
... investment management functions across asset classes on a single platform. It serves more than 300 clients across institutional, wealth, asset owner and alternative market segments, including 49 of the top 100 asset managers that in aggregate have more ...

Sunsuper appoints former AustralianSuper executive

KANIKA SOOD  |  MONDAY, 23 JUL 2018
... and brand. Williams was also Bank of Melbourne's head of brand and marketing. She also spent time at NAB, working in wealth, commercial banking, strategy and marketing roles in both Australia and the UK. Sunsuper chair Andrew Fraser said Williams' ...