Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5621 - 5630 of 9286 results for "wealth"

Industry bodies clash over pension proposal

MARK SMITH  |  MONDAY, 15 FEB 2016
The Combined Pensioners and Superannuants Association (CPSA) has branded "offensive" an Australian Chamber of Commerce and Industry (ACCI) proposal to turn the Age Pension into a loan recoverable against the family home. In a pre-Budget submission the ...

Actuaries Institute asks for FSI to be implemented

MARK SMITH  |  MONDAY, 15 FEB 2016
... without consideration of age pension costs, aged care costs and all sources of potential funding, including retirees' housing wealth. "The Institute strongly supports the Government's intention to remove legislative impediments to product innovation ...

$1m does not make you rich, Australians say

MARK SMITH  |  MONDAY, 15 FEB 2016
... rich. Those were two of the many striking perceptions to come out of a new survey from MLC aimed at providing advisers and wealth managers with a better understanding of how Australians identify themselves and discover their aspirations - in order to ...

Even the wealthy are turning to robo-advice

MARK SMITH  |  FRIDAY, 12 FEB 2016
... clients are also turning to the new technology in their droves. That's according to the managing director of Accenture Wealth Management in the US, Kendra Thompson. She told Bloomberg about 15% of those in automated portfolios at US brokerage Charles ...

Survey reveals super fund strategic priorities

MARK SMITH  |  FRIDAY, 12 FEB 2016
... retirement income. Many share the view that the purpose of super has been forgotten with too many Australian seeing it as a wealth creation vehicle. Consistent with the 2014 survey, in which 65% if respondents rated their data quality as having improved ...

CBA result boosted by wealth division

MARK SMITH  |  THURSDAY, 11 FEB 2016
Strong performance from the wealth management division contributed materially to the 4% rise in Commonwealth Bank's half-year cash profit, with CommInsure performing particularly well. Growth in insurance and funds management income of 17% and 6%, respectively ...

Death tax would save budget billions: Costello

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
... is estimated that within the next 50 years there will be nine million Australians aged 65 or older. There will be more wealth to hand down and fewer of us paying income tax. This is a tax that makes total sense in a country getting older and richer." ...

Margin loans keep pace with shrinking customer-base

ALEX BURKE  |  WEDNESDAY, 10 FEB 2016
... and recent share market falls are seen as investment opportunities for many," said Investment Trends head of research for wealth management Recep Peker. He added, "For advisers involved with margin lending, it is important to note that how investors ...

CFS launches app for advisers

DARREN SNYDER  |  TUESDAY, 9 FEB 2016
... functionality and features to the app," Di Cristoforo said. FirstTech was named the best technical services support team in the Wealth Insights Fund Manager Service and Platform Service survey for seven consecutive years from 2008 to 2015.

Advice GM leaves ANZ

ALEX BURKE  |  TUESDAY, 9 FEB 2016
... the role of managing director advice and open markets, in addition to his current role, while a replacement is found. ANZ Wealth's strategy for advice and distribution remains the same and will continue unchanged under Gavin's leadership."