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

Search Results

Showing 761 - 770 of 4007 results for "Accounts"

Australia among top 10 financially inclusive markets: Research

CASSANDRA BALDINI  |  THURSDAY, 27 OCT 2022
... for borrowers' and lenders' protection rights, sixth for presence and quality of fintechs, seventh for access to bank accounts, and ninth for real-time transactions. Australia was ranked 14th for employer support when it came to employee and retirement ...

Vanguard appoints chief financial officer, dumps brokerage fees

CASSANDRA BALDINI  |  THURSDAY, 27 OCT 2022
... coming months. "With work underway to extend the Auto Invest capability to ETFs, introduce Vanguard Personal Investor Kids Accounts, and add Automatic Reinvestment for ETFs to the platform service," he confirmed. The Auto Invest feature is already available ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... package was introduced in 2003 and was offered with several ANZ products including home loans, credit cards and transaction accounts for an annual fee up until late 2021. About 690,000 ANZ customers did not receive benefits such as fee waivers and interest ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... dud funds for longer," ISA said. "While the stapling reform has stopped the future proliferation of unintended multiple accounts it needs to be linked to the performance test so that members can only be stapled to a fund that passes." In September, Financial ...

Partners Group expands Australian team

CASSANDRA BALDINI  |  WEDNESDAY, 19 OCT 2022
... already strong presence in Sydney. Scott will remain closely involved with clients, in particular the firm's largest accounts, and will retain oversight of the teams. Partners Group said the appointment represents a new phase for its Australian business ...

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
... the September quarter, up 8.1% on the prior quarter, and new FUM inflows of $0.8 billion. The platform also added 2822 accounts in the quarter, now sitting at 118,464. New clients were onboarded to pilot its Multi Asset Portfolio services (MAPs), which ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
... half of those with between $10 billion and $50 billion in funds also face adversity. This is based on number of member accounts, cash flows and rollovers. Some of the funds that passed the performance test this year, by APRA's observations and calculations ...

Nuveen hires APAC natural capital head

CHLOE WALKER  |  TUESDAY, 11 OCT 2022
... on growth in the region in farmland, timberland, and nature-based investments. Globally, the Natural Capital business accounts for close to $10 billion in assets under management. With 20 years' experience working in the agricultural sectors, most recently ...

Future Generation expands Plato mandate

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
... The size of the allocation was not disclosed, however Future Generation has an existing investment in the fund which accounts for 2% of the Future Generation Global portfolio. Since inception, the fund has outperformed its benchmark (the MSCI World Net ...

Magellan FUM drops further

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
... $21.4 billion. By asset class, global equities dropped from $30.7 billion to $26.1 billion, while Australian equities accounts for $8 billion, down from $8.4 billion. Infrastructure equities FUM now sits at $16.8 billion, having dropped from $18.5 billion ...