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

Search Results

Showing 461 - 470 of 4003 results for "Accounts"

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... of highly rated global private credit, named TermPlus. TermPlus aims to deliver reliable income via floating-rate term accounts, with a minimum investment of $2000. Pengana said it believes TermPlus is poised to attract significant interest from both ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... and accounting and business advisory. The wealth management unit has some $1.2 billion in funds under management and accounts for 29% of group revenue.

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs ...

Advisers shoulder massive wealth transfer

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... likely to be $4.9 trillion based on CoreData Research. This excludes $3.7 trillion of superannuation and money in savings accounts that aren't easily quantifiable. "It's the biggest financial change in the history of Australia and what that means ...

AMP North launches new tool

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... clients' account and performance information. It provides clear visuals and the capability to integrate data from multiple accounts, which aims to streamline the review process and enhance client discussions. "The interactive account snapshot provides ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... never see a cent of this money because the legal loophole by which offenders can hide their assets in superannuation accounts, which are protected from creditors, including victims seeking compensation, remains. The problem was first called out back ...

MIESF adjusts insurance premiums

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
... premium rate changes to super funds, with an average increase of over 9%. The actual premium deducted from MIESF members' accounts will vary based on age. For instance, for a 25-year-old, the weekly cost for $200,000 in death cover and $150,000 in TPD ...

Early release of super scammers cop prison time

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... for submitting several fraudulent applications to access the early release of super during the pandemic by using myGov accounts to claim to be other super account holders. Two women who both pleaded guilty on May 28 were sentenced to three years and ...

BT Panorama launches first-of-its-kind private market managed account

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... high-net-worth (HNW) clients access to a portfolio of private equity, private debt, and real assets. BT head of managed accounts Zac Leman said many HNW clients are keen to include private market investments in their portfolios, which are mostly made ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... deposited by clients for property development purposes. He diverted these funds without authorisation from his clients' SMSF accounts to cover personal debts, personal expenses, and business expenses of Refocus. Following an ASIC investigation, he appeared ...