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Showing 5371 - 5380 of 18266 results for "Plan"

ASIC FAR, advice industry contract

JAMIE WILLIAMSON  |  MONDAY, 17 JUN 2019
More than 1700 financial advisers have dropped off the ASIC Financial Adviser Register in less than six months. As of this month, there are 27,108 active financial advisers in Australia, Rainmaker analysis of latest ASIC FAR data shows. At its height ...

Dealer group buys bank advice arm

ELIZABETH MCARTHUR  |  MONDAY, 17 JUN 2019
An ASX-listed advice group has paid $3.5 million to acquire the financial planning business of an Australian bank. MyState today announced it has entered into a sale agreement with Fiducian for the acquisition of the bank's retail financial planning ...

Wealth firm trims Aussie shares

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
A Melbourne wealth firm run by a former NAB Private Wealth executive has trimmed its allocations to Australian shares as it takes a bearish view on midcaps. Hamilton Wealth Management advises on about $500 million for high net worth clients. It took ...

FPA, AFA partner on life insurance

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
The key financial advice associations have teamed up for a life insurance taskforce as the industry inches towards ASIC's review of the life insurance framework slated for 2021. The Financial Planning Association of Australia and the Association ...

Restructure sees wealth firm lose chief

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
The chief executive of Evans Dixon is stepping down following a management restructure. Evans Dixon is undergoing a reshuffle that will see chief executive Alan Dixon step aside. The firm said Dixon will instead focus on the management of its US Master ...

Smart beta now mainstream for instos

KANIKA SOOD  |  THURSDAY, 13 JUN 2019
... roughly three in 10 used smart beta. Last year saw a rise of 10% and 78% have either implemented them, are evaluating or plan to evaluate these strategies. "The survey shows that asset owners are becoming increasingly comfortable with smart-beta strategies ...

Fund manager strengthens alternatives capabilities

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
Natixis Investment Managers plans to launch a new affiliate - Vauban Infrastructure Partners - dedicated to infrastructure equity investing. Vauban will be established by transferring the current infrastructure team from Mirova. The team currently manages ...

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
Millennials control $130 billion of superannuation money but most products pitched specifically at them have been slow to take off, new Rainmaker research shows. Australia had 19 superannuation products designed for millennials and marketed as app-based ...

International firm acquires advice group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2019
A national financial advice group with more than 120 advisers on its books is to be acquired by a major Canadian wealth manager. Patersons Securities is being purchased by Canaccord Genuity via its Australian operations, Canaccord Financial Group. As ...

Investment giant appoints global insto lead

HARRISON WORLEY  |  WEDNESDAY, 12 JUN 2019
The USD$1.2 trillion asset management business of one of the world's largest insurance providers has named its new institutional relationships lead. PGIM appointed Cameron Lochhead as the global head of its institutional relationship group to take a ...