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Showing 601 - 610 of 4041 results for "Accounts"

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... clients, many of whom had SMSFs, believed their money was predominately invested in ASX-listed equities using CommSec accounts. In the eight years to 2020, at least five auditors were engaged to conduct the mandatory annual audit of the SMSFs, Mackay ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... bespoke investment solutions. The company said its "increasingly leveraging" its strong equity capability into managed accounts and envisages that a large part of future growth will be driven by customised multi-asset solutions. Separately, Clime is ...

CFS Edge adds 25 managed accounts to menu

STAFF WRITER  |  MONDAY, 23 OCT 2023
... 50, Balanced, Growth, High Growth, and Geared 120. "We have a strong belief in the value of advice, and we view managed accounts as a key way we can provide an improved investment experience for advisers and their clients," CFS group executive - distribution ...

Insignia's managed account FUM swells

STAFF WRITER  |  MONDAY, 23 OCT 2023
Insignia Financial's managed accounts solutions have grown by about 42% in the past 12 months. The group said there's now more than $6 billion in funds under management across its range of managed account solutions. About 55% of this is held in managed ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... administrator incorrectly coded a reserve as contributions to the Australian Taxation Office. "For otherwise inactive accounts, this caused the period of inactivity to be reset and therefore impacted the date of insurance cancellation," AFCA said. After ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... estimated all of this will go to beneficiaries by 2040, with 71% transferring to people aged 50 and over. This cohort already accounts for $7.44 trillion of insurers' assets, or 24%. The report says strengthening relationships with ageing policyholders ...

Payday super a seismic change for the industry: ART

CHLOE WALKER  |  THURSDAY, 19 OCT 2023
... level." Gilroy said he expects other businesses and payroll technologies to move in this direction. "As money in members accounts grow more rapidly, it drives up the discipline of the shared ecosystem between payroll funds and employers and members," ...

ANZ breached disclosure laws in 2015 raise: Court

CHLOE WALKER  |  MONDAY, 16 OCT 2023
... ANZ was hit with a $15 million penalty for misleading customers over the funds available to them in select credit card accounts.

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... 2020 and mid-2022. While Europe and North America have long been the domain of private credit investors, Asia Pacific accounts for just 6% of the global market, Preqin head of APAC and valuations, research insights Angela Lai said. "It is a very small ...

FIIG Securities picks Equity Trustees for new fund

CASSANDRA BALDINI  |  WEDNESDAY, 4 OCT 2023
... continuously evolving fixed income asset class." FIIG Securities currently manages $300 million in individually managed accounts across four fixed income strategies and has a further $5 billion of funds under advice. "Our vision has been to pioneer an ...