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Showing 61 - 70 of 294 results for "Recording"

Aussies lose $328m to investment scams

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... according to the Australian Competition & Consumer Commission's (ACCC) latest report Targeting Scams, which unveiled a recording-breaking amount of $851 million stolen, rising 23% compared to the prior year. More than 1500 incidents relate to superannuation ...

Macquarie Wrap reaches new milestone

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
The Macquarie Wrap platform has hit new heights, recording over $100 billion in assets under administration. As at 31 March 2021, Macquarie Wrap has $101.4 billion in AUA, 21% market share and annual flows of $4.9 billion. Head of wealth product and ...

Adviser faced with further dishonesty charges

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
A Western Australian financial adviser has been charged with 12 more counts of dishonest conduct and three counts of false documentation in addition to previous charges for stealing super. Rahul Goel was first charged with four counts of dishonest conduct ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... attributed the substantial increase in net profit to the impairment charges of $2.2 billion in the first half of 2020 while recording impairment charges of just $372 million for the first half of 2021. "First half earnings were considerably higher than ...

FPA launches file note guidance

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
... financial planners to create file notes through several apps that can capture client communications using video or audio recording and convert it to text. "Through our work with AFCA, the importance of keeping meticulous file notes was identified as ...

Pandemic boosts financial sector's engagement

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... Employees from India, Saudi Arabia, United Arab Emirates, Singapore, South Africa and Mexico are the most resilient workers, recording a score of 17% and above. Australia scored 12% in terms of workplace resilience. Low-resilience workers scored 10% ...

Franklin Templeton awards custody mandates

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
... our continued growth in this market." J.P. Morgan is the largest overall provider of custodial services in Australia, recording over $973.2 billion in assets under custody as at the end of 2020.

Managed accounts prop up platforms

ANNABELLE DICKSON  |  FRIDAY, 16 APR 2021
... State with $126 billion and $104 billion, respectively. Meanwhile, younger platforms are gaining traction with Netwealth recording $46 billion in FUA, followed by HUB24 at $22 billion and Praemium at $8 billion, prior to any acquisition activity. The ...

ETP demand soars, unlisted unit trusts retract

KARREN VERGARA  |  TUESDAY, 13 APR 2021
... and 842 unit trust products. Similarly, Morningstar's research found that the Australian ETP market is booming, recording a 70% jump to $96 billion (US$73.1bn) at the end of 2020. Looking at strategic-beta ETP products specially, demand across the ...

Wholesale funds recover losses

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... Street Global Advisors recorded 4.9% FUM growth followed by Victoria Funds Management (2.4%) and First Sentier Investors recording a slight decrease (2.8%). "While initially in 2020 stock markets worldwide experienced significant COVID-19 triggered corrections ...