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Showing 31 - 40 of 56 results for "Millionaires"

New HNWIs demand unbundled services

ALEX BURKE  |  TUESDAY, 10 MAR 2015
Australia minted nearly 45,000 new millionaires in 2014 but only a handful of them are seeking financial advice, according to Investment Trends' High Net Worth (HNW) Investor Report. Based on a survey of 3,115 Australian millionaires - holding a collective ...

Millionaire investors swell in 2014

LAURA MILLAN  |  MONDAY, 2 MAR 2015
... the largest growth in the past five years, Investment Trends' latest report revealed. Australia minted 43,500 new millionaires over 2014 and the high net worth (HNW) investor population went from 400,000 in November 2013 to 443,500 in October 2014, the ...

Labor to oppose rise in pension age

JAMES FERNYHOUGH  |  FRIDAY, 16 MAY 2014
... in and out of the workforce to start and raise a family. "How can this Prime Minister think it's OK to pay multi-millionaires $50,000 that they don't need, and yet rob the retirement savings of over two million women who earn less than that in a whole ...

Budget reply speech 2014 -15: Bill Shorten

Financial services to make 100,000 millionaires by 2017

MARK SMITH  |  TUESDAY, 3 SEP 2013
A booming financial services industry will account for an explosion in the number of millionaires over the next four years, according to a report by WealthInsight. By 2017, the research and data provider said there will be an estimated 402,000 millionaires ...

Mother of all hard landings and other BSes

BENJAMIN ONG  |  MONDAY, 1 JUL 2013
... higher than the Chinese government's 7.0% target. Believe Mr. Edwards if you like for he has turned billionaires into millionaires (or thousandners?). Those who took his advice would have sold the Chinese yuan when he warned, "Expect Yuan Devaluation ...

Australian millionaire numbers surge on strong economy

MARK SMITH  |  THURSDAY, 20 JUN 2013
... to the 2013 World Wealth Report. The annual Capgemini and RBC Wealth Management report showed that the number of millionaires in Australia grew by 15.1% to 206,600 in 2013. The overall rate of growth for millionaires globally stood at 10%. Capgemini ...

Credit Suisse launches SIV portfolios

MARK SMITH  |  FRIDAY, 7 JUN 2013
... dollar and gold," Tan said. According to the estimate from the Credit Suisse Research Institute, the number of global millionaires could exceed 46 million by 2017, a rise of almost 17 million. In its 2012 Global Wealth Report, it said China could see ...

Australia leads in global median wealth

MARK STORY  |  FRIDAY, 12 OCT 2012
... 11%; however average wealth remains second only to Switzerland (US$468,186) Over the past year, the number of dollar millionaires in Australia, France, Germany, Italy and Sweden has diminished as a proportion of the global total, but has risen in the ...

BNY Mellon appoints head of intermediary distribution

LINDA HAUSKEN  |  TUESDAY, 9 OCT 2012
... Committee and BNY Mellon's APAC Operating Committee. "Asia has now surpassed both Europe and the US in the number of millionaires and we may see that gap widen further over the next decade in Asia's favour," said Alan Harden, chief executive at BNY Mellon's ...