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Showing 511 - 520 of 4003 results for "Accounts"

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... superannuation from being eroded by unnecessary fees and insurance costs. It introduced fee adjustments, moved inactive accounts with low balances to the Australian Taxation Office, and required the cancellation of insurance on inactive accounts not ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... in the Deed of Company Arrangement (DOCA) comprised of $4 million from E&P (which was fully provisioned in EP1's accounts in December 2022) as well as remaining available insurance proceeds of at least $12 million," the company said. Compensating ...

Copia seals distribution partnership

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... this fund will have widespread appeal with investors seeking exposure to a strategy with long-term capital growth that accounts for inflation. "We are pleased to welcome a global infrastructure strategy to the Copia stable as we continue to offer advisers ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... with no minimum fee, account aggregation, and a capped fee structure. It will also feature an extensive range of managed accounts, Centrepoint said, citing data that suggests the local managed account market will be worth $280 billion by 2026. It added ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... action on behalf of Rest members who may have had income protection premiums wrongfully deducted from their superannuation accounts. The class action alleges that from December 2008 to June 2019, Rest automatically enrolled new members in income protection ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... said. The past 12 months saw platforms unleash a heap of enhancements. AMP's North launching fractional shares in managed accounts and CFS's Edge dividing client accounts into sub-accounts were some standouts. With respect to the latter, Peker said this ...

Investment Trends ranks top five platforms

ANDREW MCKEAN  |  THURSDAY, 15 FEB 2024
... report underscored that all platforms broadened their investment menus, aligning to industry thematics such as managed accounts, cash, and retirement solutions. "All platforms have again delivered a significant scope of new functionality over the last ...

UniSuper buys up Deer Park site

RACHEL ALEMBAKIS  |  THURSDAY, 15 FEB 2024
... develop and manage high quality real estate investments together with our mandate clients," said GPT head of separate accounts Greg Paddison. "We continue to leverage our expertise and experience to deliver strong outcomes for our capital partners and ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
The number of financial advisers authorised to advise on managed discretionary accounts (MDAs) has dropped just 6.1% in the past three years, despite the total number of advisers falling much more. According to analysis by Rainmaker Information, there ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... commodities to produce a return. However, no such products existed, and Sandiford simply deposited the money into bank accounts held in his own name. It was then used to fund personal expenses and for other purposes unrelated to trading. Of the $440,909 ...