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Showing 5131 - 5140 of 14213 results for "Interest"

How to retain HNW heirs as clients

KANIKA SOOD  |  MONDAY, 24 SEP 2018
Wealth managers who want to retain high-net-worth client assets through generations must engage better with their clients' heirs long before a wealth transfer happens, according to GlobalData. The GlobalData 2018 wealth manager survey asked wealth managers ...

Boutique executes buyout, rebrands

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
The executive team at a Melbourne-based global equities manager has bought out the majority stake held by its parent firm. The buyout includes a name change and new board chair. Wingate Group helped set up boutique Wingate Asset Management in 2005. ...

AFA launches consumer advice expo

JAMIE WILLIAMSON  |  THURSDAY, 20 SEP 2018
... right across the country," he said. In addition, content from the expo will also be available via the AFA's Your Best Interest program, with presentations to be available via webcast and on social media. "We believe that our industry has a very real ...

LIC invests in crypto platform

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... throughout its two-year lifecycle. It is also open to enquiries from market participants regarding its platform. The investor interest comes after CBA said it had won a mandate from the World Bank to develop the Kangaroo bond. At the time, CBA said it ...

Zenith introduces shareholder voting advice

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... case-by-case basis for many years, we have recognised the need for Zenith to fully commit to this pledge in supporting the best interest duty of our adviser clients." "Our goal is to free up time for advisers and equip them with the tools to make an ...

ASIC takes Dover, McMaster to court

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
ASIC is taking Federal Court action against Dover Financial Advisers and Terry McMaster for allegedly misleading and deceiving clients. The corporate regulator commenced civil penalty action against the disgraced dealer group and its founder on September ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... affected his premiums. When AMP refused to reimburse the member, the SCT determined he was entitled to the refund plus interest. Sainsbury conceded that this particular member was "conceptually" not in a different position to any other member. Sainsbury ...

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
... your account has been affected. If your account has been impacted, we will refund the money to your account, and any interest you might have missed out on," Suncorp said in a statement on its website. Suncorp declined to comment on: total cost of remediation ...

Former Westpac adviser ban upheld

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
... problems, Evans added. ASIC deputy chair Peter Kell said the banning should remind advisers that compliance with the best interest duty requires them to use their expertise to conduct a reasonable investigation into the financial products that may put ...

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
... big ho-hum were it not for some minor, albeit significant, tweaks in the bank's outlook. As expected, the ECB left interest rates unchanged - the benchmark refinancing rate at 0%, the marginal lending facility rate at 0.25% and the deposit facility ...