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Showing 6371 - 6380 of 9288 results for "wealth"

SSgA appoints head of intermediary business

STAFF WRITER  |  WEDNESDAY, 4 JUN 2014
... and Europe by double over the past few years. This strong growth has positioned the region to become the world's largest wealth market in the coming years," said Crafter. "While the Asia Pacific intermediary channel is far from homogeneous, the conversation ...

Crowe Horwath and Findex in acquisition talks

LAURA MILLAN  |  WEDNESDAY, 4 JUN 2014
Financial Index Wealth Accountants (Findex) is likely to acquire Crowe Horwath after it signed a process agreement to buy all of its shares. This would be Findex's second acquisition after it bought Centric Wealth in January 2013. The two organisations ...

Industry stalwart Tucker takes stake in Westoz

MARK SMITH  |  TUESDAY, 3 JUN 2014
... prominent role was as chief executive officer of MLC from 2004 until 2013 where he had responsibility for MLC, NAB Private Wealth and JB Were. He joined MLC in 1988 and held a number of senior roles including leading the company's retail investment and ...

Federal Court reduces Wealthsure compensation

STAFF WRITER  |  TUESDAY, 3 JUN 2014
The Federal Court has reduced the compensation amount that Wealthsure will need to pay to two of its former clients. The court determined that Wealthsure, financial adviser David Bertram and its directors are "concurrent wrongdoers in relation to the ...

Crowe Horwath to announce buyout proposal

LAURA MILLAN  |  TUESDAY, 3 JUN 2014
... firm Anchorage Capital Partners. According to the Australian Financial Review, Findex, which recently acquired Centric Wealth, would also be interested on buying the financial planning and accounting group. At the time, company secretary Bruce Paterson ...

AIA Australia re-enters direct insurance market

LAURA MILLAN  |  MONDAY, 2 JUN 2014
... solution that removes some of the barriers to taking out life cover we believe that this is the ideal starting point," Bendigo wealth executive John Billington said. AIA Australia has previously offered insurance through other partners, including HSBC ...

IOOF and SFGA union rattles top ranks

LAURA MILLAN  |  MONDAY, 2 JUN 2014
... compliance and profitability." Looking at the main three dealer group acquisitions since January 2013 (Lachlan Partners, Centric Wealth and now SFGA), Prendeville sees one feature in common: "All groups had salaried advisers, rather than aligned advisers ...

In with the old, out with the new

BENJAMIN ONG  |  THURSDAY, 29 MAY 2014
... money: "People are focusing on the GDP number tomorrow," John Traynor, chief investment officer of People's United Bank Wealth Management in Bridgeport, Connecticut, said in a phone interview. His firm oversees $5.2 billion. "There are two camps of investors. ...

Murray shuns FoFA commissions' debate

LAURA MILLAN  |  WEDNESDAY, 28 MAY 2014
... financial planning unit. "The issue was that we were driving enormous product sales in one region in the bank, not the wealth management area," he said. Murray argued that "nobody asked the question of why the volume of business in that location was ...

BT Financial GM to take helm at MetLife

STAFF WRITER  |  TUESDAY, 27 MAY 2014
... Client Businesses for Merrill Lynch Investment Management Inc. "I am very pleased to welcome Deanne to MetLife. She brings a wealth of experience, leadership acumen, and relationship building skills to the business," said Dr Menon, adding that her proven ...