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Showing 7071 - 7080 of 9288 results for "wealth"

Wealthtrac revises structure for independent market

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
Independent platform provider Wealthtrac has updated their pricing for advisers to address the fee-for-service environment, including lowering the administration fee cap. Wealthtrac managing director and chief executive Matthew Johnson said the move ...

Barclays announces new CEO amid new investigation

MELANIE TIMBRELL  |  FRIDAY, 31 AUG 2012
... after the announcement the Serious Fraud Office (SFO) had launched an investigation into a 2008 deal with Qatar's sovereign wealth fund. Jenkins has been brought in to replace Bob Diamond, who resigned last month amid the scandal over rigging Libor and ...

ClearView positive about CCP takeover offer

LINDA HAUSKEN  |  THURSDAY, 30 AUG 2012
The board of ClearView Wealth has entered into an implementation agreement with CCP BidCo after it made an increased takeover offer of five cents extra per share, following a rejection of its initial offer some three weeks ago. CCP BidCo, an entity ...

AMP launches group insurance offering

LINDA HAUSKEN  |  TUESDAY, 28 AUG 2012
... working well in both operating models and are pleased to bring this new offer to the market," said Rob Bergin, director group wealth Protection at AMP. The new group insurance offering brings together the features from the stand-alone AMP and AXA group ...

Cost reductions dampen IRESS result

MARK STORY  |  MONDAY, 27 AUG 2012
... IRESS's operating revenue also fell marginally from $104.1 million in the prior six months to $103.1 million. While the wealth management revenue grew slightly, it was also pulled down by weaker income in financial markets division. Managing director ...

Deferred tax impacts IOOF profit

BEN COLLINS  |  FRIDAY, 24 AUG 2012
A deferred tax liability had a material impact on wealth manager IOOF, knocking $63 million of its full-year statutory result. Retrospective changes to income tax laws forced IOOF to pay the deferred tax liability, resulting in its $19.4 million profit ...

Separate wealth from income strategy: Merton

MELANIE TIMBRELL  |  FRIDAY, 24 AUG 2012
Thinking about a wealth goal for members isn't remotely the same as a member-specific income goal and strategy - which should be the next generation solution for securing retirement income. That's according to Nobel laureate in economics, Robert Merton ...

Super FUM hits $1.4 trillion

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
... FUM as industry and government funds combined after long ago sailing past the retail sector This explains why the retail wealth managers are now busily playing catch-up in the SMSF space and trying to secure as big a footprint as they can in the segment. ...

IAS renews partnership with SS&C

LINDA HAUSKEN  |  THURSDAY, 23 AUG 2012
... its affiliation with global financial services software provider, SS&C Technologies through the use of the firm's Global Wealth Platform to support its managed account business. The platform is a web-based portfolio management solution, designed to streamline ...

UK to ban exotic retail investment products

ALEX DUNNIN  |  THURSDAY, 23 AUG 2012
... exotic investment products the FSA cited examples of their misuse, such as pensioners being advised to invest all of their wealth in a single illiquid product with a view to generating income, and other investors being advised to internally leverage ...