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Showing 631 - 640 of 4006 results for "Accounts"

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... Macdonald said. "abrdn remains committed to the Australian market through differentiated investment solutions, managed accounts, active ETFs, sustainable investment strategies and digital advice." Fletcher added: "We look forward to working with the ...

The boomer boom is over: AUSIEX

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... first time in its history, the superannuation system is going to see retirement phase withdrawals coming from its largest accounts. Those in the 60-64 age group have an average balance of $323,000 compared to the younger generations, where those in the ...

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... increased interest in a super product is issued. ASIC's review, however, found instances where funds weren't kept in suitable accounts, were not held for the required period, or were not properly identified or disclosed. ASIC commissioner Danielle Press ...

ASIC permanently bans former financial adviser

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
... John Wertheimer has been banned by the regulator after he was convicted of using the Netwealth platform to access client accounts and make unauthorised transactions. In May 2020, Wertheimer made 48 unauthorised transactions on the trading accounts of ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... area where we think are interesting opportunities, and we want to leverage our strengths. We are very strong in managed accounts and we're very strong in digital, so we see those areas as great opportunities to continue to be market leaders," he ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
... help position the sector to capture the economic opportunities of the clean energy transition. The agriculture sector accounts for 55% cent of Australia's land use, and about 12% of goods and services exported in 2021-22 while also producing around 17% ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... establishment in 2012. Jeff Waters, campaigner at Friends of the Earth, said methane should be counted in national greenhouse gas accounts, and called on the regulator to order assessments of further wells. "We have no idea how many of the 90 or so other ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... financial advice, superannuation, risk, and negative gearing currently has a market value of $20,000. Managed discretionary accounts plus a basic AFSL goes for $40,000. Forex trading plus a basic AFSL fetches $500,000 or more. There are currently two ...

Fraudulent property director charged

CHLOE WALKER  |  TUESDAY, 6 JUN 2023
... February 2017, Steele misled the investors into withdrawing funds from their employer superannuation funds and savings accounts to invest in a property development at Biggera Waters, Queensland. Specifically, Steele advised the investors to invest their ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... Kirby, charged with five offences, is alleged to have fabricated evidence related to Berndale funds in overseas bank accounts in Federal Court proceedings. D'Amore and Kirby are also alleged to have made a false statement or submitted false or misleading ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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