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

Search Results

Showing 4301 - 4310 of 9284 results for "wealth"

Macquarie merges private wealth businesses

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
Macquarie Group is consolidating its private bank and private wealth businesses to concentrate its growth strategy on high net-worth (HNW) clients, a move it expects to affect advisers. HNW clients are already the exclusive focus of Macquarie's private ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... which was among a trio of companies that copped a $7.2 million fine from the corporate regulator in February. ASIC took Wealth & Risk Management Pty Ltd (WRM) to the Federal Court which found that WRM breached numerous financial services laws and obligations ...

Australian asset owners support first stewardship code

DARREN SNYDER  |  THURSDAY, 17 MAY 2018
... that asset owners have on good stewardship. It is open to all asset owners including super funds, endowments and sovereign wealth funds, not just ACSI members. ACSI highlighted stewardship codes exist in many global markets including the UK, US, Japan ...

Saxo Capital Markets hires Aussie markets strategist

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
... previously held senior roles at securities and derivatives broker JB Markets, and earlier worked as a relationship manager for wealth management advisory firm KnowledgebankIQ. Australian equities will form the initial focus for Creagh, before her remit ...

Two-tier super system emerging: KPMG

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
... higher increases in assets under management and greater contribution flows than smaller counterparts. KPMG head of asset and wealth management Paul Howes forecasted challenges for smaller funds as a result of the Productivity Commission's review into ...

More adviser participation needed to shape ethics code

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
Financial advisers must consult on the draft code of ethics as it contains vague standards the industry has never previously been required to adhere to. While it is already expected that advisers comply with a raft of legal obligations, wealthdigital ...

Kelly+Partners to build Melbourne presence

ALEX BURKE  |  WEDNESDAY, 16 MAY 2018
Kelly+Partners will open a Melbourne office in July and has appointed two people to lead its private wealth and accounting businesses there. The Melbourne office will be located at 333 Collins Street. The chartered accounting division will be led by ...

Trustee services provider appoints new chair

ALEX BURKE  |  TUESDAY, 15 MAY 2018
A trustee business linked to several of Australia's newest superannuation funds has appointed a new non-executive chair. Sargon Capital, which operates in Australia via Trustee Partners, appointed Robert Rankin as its new chair, joining new non-executive ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
... consumer spending as a consequence of this should further strengthen equity market gains which in turn, would produce a wealth effect, underpinning more household spending and further share market appreciation. And of course, there's the RBA that's ...

Activist LIC appoints new director

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
... Investments and the $836 million WAM Leaders LIC. Snowden previously served as non-executive director at the up-for-sale NAB wealth management arm MLC, while also holding the chairpersonship at Antares Capital, winner of Rainmaker Group's 2017 Investment ...