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Showing 7601 - 7610 of 9290 results for "wealth"

New super products and mergers may result - insurers

ELISE BURGESS  |  THURSDAY, 28 APR 2011
Life insurers predict dealer groups will create their own super products or be taken over by wealth managers while direct insurance will get a boost from new FOFA reforms. Life insurers and financial planners alike have responded with mixed reactions ...

CBA funds get small Q1 lift

MATT WOODINGTON  |  WEDNESDAY, 27 APR 2011
... billion in global equities, $50.8 billion in cash and fixed interest and $24.5 billion in property and infrastructure. In wealth management, Insurance Inforce Premiums were up 1.1 per cent to $1.6 billion driven by solid growth in Retail Life, which ...

West takes east-coast planners

ALISON BEVEGE  |  WEDNESDAY, 27 APR 2011
West Australian wealth management firm Plan B has begun a friendly takeover of financial planning dealership My Adviser, opening the door to a large network of eastern state advisory businesses. The My Adviser network has 54 advisory firms with 122 ...

ANZ Wealth head joins FSC

ELISE BURGESS  |  WEDNESDAY, 27 APR 2011
ANZ Wealth managing director, John Van Der Wielen, has joined the Financial Services Council board as a director. He joins 12 other board members including Craig Meller, managing director, AMP Financial Services and Brad Cooper, chief executive, BT ...

Indexing warning as ETFs surge

MATT WOODINGTON  |  THURSDAY, 21 APR 2011
... trillion. In Australia appetite for ETFs is rising sharply, a worrying trend according to Brian Long, principal, head of wealth Management, investment consulting, Mercer, Australia/New Zealand. "We see enormous flows going into index providers and ETFs ...

High net worth clients being under advised

ELISE BURGESS  |  THURSDAY, 21 APR 2011
... online brokerages. However, some seven out of ten survey respondents were extremely or very satisfied with their advisor or wealth manager, they just wanted more financial guidance on more topics. The main three areas where investors wanted adviser assistance ...

Sustainable strategy downgraded

ALISON BEVEGE  |  THURSDAY, 21 APR 2011
... assets as of June 30, 2010, the ratings house said. The products are offered by AMP, Life Plan and Perpetual through its Wealth Focus platform and possibly other wrap accounts. Morningstar cited potential staff turnover and un-tested team structure as ...

Trust Company eyes personal touch to build on growth

MATT WOODINGTON  |  WEDNESDAY, 20 APR 2011
... engagement with personal clients. "We look at all long term demographic trends, ageing population and accumulation of personal wealth through super. We're targeting the post accumulation retiree market. We have a lot of continuing estates but one big ...

Adviser banned for life by ASIC

ASIC RELEASE  |  WEDNESDAY, 20 APR 2011
Former WealthSure financial adviser, Brian William Veitch, has been banned for life from providing financial advice following an investigation by the Australian Securities and Investments Commission (ASIC). ASIC alleges Veitch failed to comply with ...

Advisers freed from duplicate work

ALISON BEVEGE  |  TUESDAY, 19 APR 2011
... to the dealership platform. The upgrade is a joint development between Colonial First State and software providers IRESS Wealth Management Solutions, makers of XPLAN 2.0. It sends eApplications directly from the XPLAN desktop to Colonial's FirstChoice ...