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Showing 4841 - 4850 of 10553 results for "BEI"

Future of ANZ Wealth uncertain amid profit slide

ALEX BURKE  |  WEDNESDAY, 3 MAY 2017
ANZ Wealth's profit share in the bank's overall results continued to decline in the first half of FY17, underscoring six months of speculation as to the division's future. Back in November, ANZ chief executive Shayne Elliott said in a media briefing ...

Beneficiaries unfamiliar with death benefits

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
A large number of death benefit complaints could be avoided if trustees communicate to members and beneficiaries proper internal dispute resolution processes. This is particularly true when it comes to death benefits, according to the Superannuation ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
The Australian Tax Office's "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance, a Senate committee report found. The ATO's reactive rather than proactive practices significantly ...

Ausbil MicroCap suspends applications and redemptions

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2017
Ausbil's star MicroCap Fund suspended all applications and redemptions following the departure of its portfolio managers. Tony Waters and Chris Prunty left the fund manager last week, citing lifestyle reasons. At the time Ausbil said the MicroCap Fund ...

China slowing to target

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2017
Whether it's the official tally or the private sector one, the latest purchasing managers' surveys point to slowing expansion in China's manufacturing sector and suggesting a weak start to the second quarter. China's official National Bureau of Statistics ...

Pre-retirees robbing Peter to pay Paul: REST

EMMA RAPAPORT  |  TUESDAY, 2 MAY 2017
Sandwiched between financial needs of adult children and elderly parents, pre-retirees (aged 50 plus) are in desperate need of financial advice or they risk retiring without adequate funds, warns REST Industry Super. In a new report the $40 billion ...

AUSTRAC launches tool to help advisers fight terrorism

ALEX BURKE  |  TUESDAY, 2 MAY 2017
Financial intelligence agency AUSTRAC is releasing a guide to help financial advisers combat serious financial crimes, including financing for terrorism. The guide follows on from the report AUSTRAC released in December last year which determined there ...

Fiducian acquires $17m client book

ALEX BURKE  |  TUESDAY, 2 MAY 2017
Listed advice group Fiducian acquired a Melbourne client book worth $17 million in funds under advice. The client base, which will be serviced by existing salaried planners, was purchased for a total consideration of $700,000, funded by excess cash. ...

The romantic side of life insurance

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2017
A recent advertising campaign from ANZ may have assisted financial advisers in making a dent in Australia's burgeoning underinsurance problem. Recently promoting its life insurance offering as 'love insurance', ANZ flipped the traditional insurance ...

Australia can benefit from Brexit and Trump

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
The rise of protectionism in the US and UK means Australian investors should consider increasing investment in Asia's emerging markets. The latest report from the Committee for Economic Development of Australia (CEDA) shows Australian investors concerned ...