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Showing 6801 - 6810 of 22796 results for "Funds"

Wealth manager makes senior appointment

ALLY SELBY  |  MONDAY, 3 FEB 2020
... operations," Evans Dixon said. "During a 22 year career in financial services Paul has managed teams across private wealth, funds management, capital markets and investment research, having previously been a top-rated research analyst over a decade at ...

Retirement funding system failing: Report

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... including incentivising older Australians to use their home equity to improve retirement funding, requiring all superannuation funds to offer a comprehensive retirement income package to members and not exempting reverse mortgage brokers from best interest ...

ANZ completes OnePath sale to IOOF

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... business resilience are important contributors to the success of any business transformation." The OnePath P&I business has funds under administration of $48.2 billion and funds under management of $26.8 billion. "The annualised pro forma financial performance ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
... when they became aware of them. "Contrary to Australian law, the company failed to report over 19.5 million international funds transfer instructions to AUSTRAC, Australia's anti money-laundering and terrorism financing regulator," Rosen Law alleges. ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... part due to the prescriptive nature of product disclosure," Rice Warner said. "Financial institutions and superannuation funds have used legalese to respond to their statutory legal requirements and regulators' guidelines." The delivery of financial ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... increase obligations around charging ongoing fees for financial advice and outlaw advice fees charged by superannuation funds. On Friday, the government released consultation draft legislation to implement 22 recommendations and two additional commitments ...

Schroders to bring private equity fund to Australia

KANIKA SOOD  |  FRIDAY, 31 JAN 2020
... investors later this year. The new fund will use a fund-of-fund structure to invest in externally-managed private equity funds. The offering sits under the Schroder Adveq brand, which manages about $15 billion globally in primary, secondary and co-investments ...

New MySuper outcomes tool set for release

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
A new tool will be released on Monday allowing trustees of superannuation funds to compare the outcomes of their MySuper option with those of their competitors. Superannuation investment solution provider Trustee Tailored Super (TTS) is planning to ...

K2 appoints head of research

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... delighted to have the caliber of [Boubouras] join the team." Boubouras said he is excited to join a long running and successful funds management team. "I look forwarded to contributing to the K2 Asset Management journey," Boubouras said. K2, which was ...

AMP urged to mediate with advisers

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... Commission. She said hundreds of advisers are now bearing the brunt of brutal restructures and fire sales by banks and wealth funds. "We remain concerned about a number of behaviours that may include the conduct of lookback audits, financial planning ...