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Showing 771 - 780 of 4007 results for "Accounts"

Prime Financial acquires SMSF administrator

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... significant bonus is that we both use Class software. Including Intello, our services are now provided to almost 4,000 SMSF accounts, a number we are looking to grow significantly." Intello chief executive Kevin Nicol agreed: "The relationship we have ...

Wheelhouse Partners adds head of distribution

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2022
... team this month, responsible for growing its global and Australian equities capabilities. McGauley is to focus on key accounts, research relationships, asset consultants, independent financial advisers and the private wealth space, the income manager ...

George Lucas to depart Raiz Invest

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
... significant growth and expansion. Raiz has over $1 billion in assets under management and over 1.5 million investment accounts. On his decision to leave, Lucas said: "Founding and building Raiz has been my most rewarding challenge. I'm proud of having ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... complaints were received. "Put simply, the advice licensees took money to which they were not entitled from the superannuation accounts of the affected members, and continued to do so for a long period of time after many complaints had been made. AMP ...

Former financial adviser pleads guilty

CASSANDRA BALDINI  |  TUESDAY, 20 SEP 2022
... Ltd to service a group of clients. ASIC said in May 2020 he made 48 unauthorised transactions on the Netwealth trading accounts belonging to 36 clients of Picture Wealth. Those transactions were processed without the knowledge or authorisation of either ...

Adviser losses now baked in: Rainmaker

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
... the volume of FUM they serve, but its need for financial advisers. "Reinforcing this, while new FUM vectors in managed accounts and ETPs are growing rapidly, its volumes are only minor in market-wide terms," Rainmaker said. "This leads to a conundrum ...

Mind the managed accounts roadblocks: MLC

ANDREW MCKEAN  |  WEDNESDAY, 14 SEP 2022
In opening the Financial Standard Managed Accounts Forum, MLC head of investment consulting (managed accounts) Brent Bevan explained the greatest roadblocks that stop the creation, adoption, or rollout of managed account programs. Addressing how there ...

Aura Group launches term deposit fund

CHLOE WALKER  |  FRIDAY, 9 SEP 2022
... degree of liquidity, a portion of the portfolio is allocated to cash, including cash at bank, cash held in cash management accounts or overnight deposits with the remainder spread across term deposits with durations of 30 days to 36 months. "The Aura ...

Final Royal Commission reforms to be tabled, YFYS review begins

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
... group insurance, Jones said. "We are not going to be reopening the stapling issue. For too long we've had multiple accounts eroding members' fees through multiple sets of fees and ensuring that members weren't getting the full value of their ...

ASIC extends binary options ban

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... trading binary options. For example, 74-77% of active retail clients lost money trading binary options and retail client accounts made net losses of $14 million in aggregate. Also, loss-making retail client accounts made net losses totalling $15.7 million ...