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Showing 451 - 460 of 4003 results for "Accounts"

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... February 16, raising $5 million for its listing. IaFrate founded Armytage in 1995, which launched as an individually managed accounts (IMA) manager. IaFrate also founded Easton Investments, which rebranded to Diverger, Treasury Group, which merged with ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... have in place robust assurance processes to satisfy themselves that advice deductions from members' superannuation accounts comply with their legal obligations. This may include random or risk-based sampling of advice," the memorandum states. The ...

Ausbil reshuffles distribution team

ELIZABETH FRY  |  FRIDAY, 5 JUL 2024
... research houses, independent consultants and platforms to maintain and enhance fund ratings and positioning in managed accounts. In the interim, distribution manager Fawaz Rashid will continue to service research houses and other researchers. Chadirchi ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... 2.3% of Betashares' total assets. Its currency hedged counterpart, also launched recently, has a fee of 0.11% p.a. and accounts for 1.7% of total assets. The Betashares Australia 200 ETF, its cheapest product with a fee of 0.04% p.a. increased its allocation ...

ASIC freezes assets of Melbourne based licensee

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... of property; incurring new liabilities, or withdrawing, transferring, disposing of, or dealing with money held in bank accounts or with a financial institution (subject to limited exceptions). At a hearing on June 25, the court extended the time for ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... emphasised in its final report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate Economics Legislation Committee, led by chair senator Jess Walsh, tabled its final report today. The bill, Treasury ...

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... of property; incurring new liabilities; or withdrawing, transferring, disposing of, or dealing with money held in bank accounts or with a financial institution (subject to limited exceptions). The court also made orders that former Keystone director ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... satisfactory labour market, but he said there was some suspicion it might be more fragile than it appears after March quarter accounts affirmed activity growth was weak. "The board has in the past expressed concern that tepid activity growth will ultimately ...

Northern Trust Asset Management hires head of global ETFs, funds

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... services oversight and treasury functions. The manager is looking to build out its suite of funds and ETFs, which currently accounts for about US$230 billion of its total US$1.2 trillion in assets under management. Abner was most recently global head ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... the government should swiftly enact the legislation to mandate super funds check that advice fees charged from members' accounts are legitimate. The calls follow a recent warning from ASIC to groups employing such high pressure and underhanded tactics ...