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

Search Results

Showing 6841 - 6850 of 9288 results for "wealth"

AIST CEO asks for long term changes in super

LAURA MILLAN  |  WEDNESDAY, 3 APR 2013
... challenges now are getting ready for regulatory changes, communicating better with their members and avoiding high net wealth member migration to Self Managed Super Funds (SMSF). "The trustees need to convey to the members that they are in control, that ...

Super election infighting intensifies

MARK SMITH  |  TUESDAY, 2 APR 2013
Superannuation is hotting up as one of the most emotive battlegrounds on which the Federal election will be fought. A new survey from Sunsuper, published last week, finds that more than two-thirds of Australians (68%) believe that superannuation will ...

Russell Investments director to head UniSuper

MARK SMITH  |  TUESDAY, 2 APR 2013
... schemes to Russell. "His experiences in product design and managing complex superannuation products are first rate. He has a wealth of knowledge about investments and administration operations," said Chris Cuffe, chairman of the higher education industry ...

Frightened eurozone savers to buy Aussie dollars

MARK SMITH  |  TUESDAY, 2 APR 2013
The harsh treatment of Cyprus in the latest chapter of the eurozone crisis has set a dangerous precedent, according to Clime Asset Management's John Abernathy. Despite bureaucrats insistence that the 'haircut', which could see wealthy depositors losing ...

MDA guidance review will bring coherence and consistency

LAURA MILLAN  |  THURSDAY, 28 MAR 2013
... under-regulated sector. "The review is a good thing because it is about trying to put consistency in the sector," Crystal Wealth responsible manager John McIlroy said. "It doesn't matter if you are an adviser of MDA, Self Managed Accounts or Investor ...

UK adviser reforms drive out 9,400 advisers

ALEX DUNNIN  |  THURSDAY, 28 MAR 2013
... However, in a shift similar to what's occurring in Australia and the US, the shock of the GFC and increasing cost pressure on wealth management groups has seen these groups renew efforts to develop their direct distribution channels, which they are reinforcing ...

Admin costs rise four-fold off-platform: research

ALICE URIBE  |  THURSDAY, 28 MAR 2013
... issue was the distraction and the time spent dealing with administrative fires." However, Finn Kelly, chief executive of Wealth Enhancers said that in his experience going off-platform did not always equal higher staffing and administration costs and ...

CFS appoints new general manager

ALICE URIBE  |  WEDNESDAY, 27 MAR 2013
... report to Elkin. This role was previously filled by Nicolette Rubinsztein. Rubinsztein has been seconded to work on "CFS' wealth strategy project," according to the CFS spokesperson. Her new title is general manager, advocacy and retirement. As part ...

Van Eyk buys Perpetual NZ Co

LAURA MILLAN  |  TUESDAY, 26 MAR 2013
... in 2010 as the funds management division of the group. At the same time, Perpetual Portfolio Management is the personal wealth division of the Perpetual Group. Chief executive of van Eyk Mark Thomas said that the acquisition will build upon the group's ...

GFC derails wealth fee growth by $30bn

LAURA MILLAN  |  MONDAY, 25 MAR 2013
The global financial crisis cost the Australian funds management industry an estimated $30 billion in potential revenues, according to new research from Rainmaker Information. The finding comes from the report just released by Rainmaker, drawing data ...