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Showing 481 - 490 of 1435 results for "1885 book"

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings. Pendal's management fee margin will be impacted by 0.31%, predominantly coming from multi-asset funds under management ...

Technical Services Forum: Keep advisers informed of change

HARRISON WORLEY  |  THURSDAY, 11 APR 2019
Lively discussion broke out during the first Challenger Financial Standard Technical Services Forum for 2019 in Sydney yesterday, with the consensus being financial advisers must be across which products are exempt from means testing. Challenger head ...

Financial adviser salaries revealed

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2019
As the fallout from the Royal Commission continues, financial adviser's salaries are being scrutinised. According to the latest Financial Adviser Salary Guide from Kaizen Recruitment, a senior financial adviser with more than 10 years' experience and ...

Dealer group acquires bank advice business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2019
An IOOF-owned dealer group has acquired Bendigo and Adelaide Bank's financial planning business. Bridges Financial Services has entered into a strategic partnership with the bank that will see Bridges take ownership of Bendigo and Adelaide Bank's ...

Major advice licensee in possible best interest breach

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
Extra conditions have been placed on the AFSL of one of Australia's biggest financial advice licensees following an investigation sparked by phenomenal growth in adviser numbers in just six months. SMSF Advisers Network has had additional licence ...

GPT sells MLC Centre for $800 million

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 MAR 2019
The GPT Group will sell its 50% share in the MLC Centre to Dexus and Dexus Wholesale Property Fund after entering into a binding agreement. The sale price is $800 million, representing a 3%premium to GPT's December 2018 book value. The asset has achieved ...

HNW advice firm backs AfterPay rival

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
A high-net worth advice and wealth firm has helped raise $30 million for a homegrown AfterPay rival, in a private debt opportunity for its clients. Escala Partners worked with corporate advisory firm Henslow to inject $30 million in debt and equity ...

Up close and personal: Women in financial services

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
From chief executives to chief underwriters, risk advisers to mental health and consumer advocates, here are the stories of six women in financial services you should know about. Financial Standard has profiled six women from different parts of the ...

YBR in trading halt, flags loss

KARREN VERGARA  |  MONDAY, 4 MAR 2019
Yellow Brick Road has been suspended from trading for failing to lodge its half-year report. YBR told the market on Friday it will incur a statutory after-tax loss for the six months to 31 December 2018. The results include a material non-cash impairment ...

ASX to sell IRESS investment

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
The ASX is offloading its entire stake in financial software company IRESS for $358 million with UBS managing the sale. ASX Limited invested in IRESS's initial public offering in 2000 when both were predominantly focused on servicing the Australian ...