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Showing 851 - 860 of 4007 results for "Accounts"

Childcare key to super gap

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... of childcare would mean that Australians have an extra $35 billion in super by 2050, with $20 billion of this in the accounts of low to middle income earners, many of whom are women. It also found more affordable childcare would boost Australia's economy ...

Popularity soars for managed accounts

CHLOE WALKER  |  TUESDAY, 22 MAR 2022
More than ever, financial advisers are turning to managed accounts to better take care of client funds, according to SPDR ETFs and Investment Trends most recent report. According to the research, more than half (53%) of financial advisers are now using ...

Permanent ban for former authorised representative

CHLOE WALKER  |  FRIDAY, 18 MAR 2022
... was an authorised representative of BR Securities Australia, transferred shares in excess of $550,000 from his clients' accounts. The shares were transferred into the trading account of Santorini Sun, a business in which he held an interest, without ...

Vanguard hit with US class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
... "enormous tax bills (tens of thousands or even hundreds of thousands of dollars)" for investors who held the funds in taxable accounts. The Vanguard Target Retirement Funds allow US investors to save for a target retirement date. The complaint, filed ...

Managed accounts FUM at $131bn

CHLOE WALKER  |  TUESDAY, 15 MAR 2022
Strong inflows and solid market performance underpinned significant growth in the managed accounts sector, according to the latest data released by Institute of Managed Account Professionals (IMAP) and Milliman. As at 31 December 2021, funds under management ...

ETF investors soar to 1.7m

KARREN VERGARA  |  TUESDAY, 15 MAR 2022
... 77.7% of the total net inflows. Vanguard remains the most popular ETF provider with $7.1 billion in net inflows, which accounts for over one third (34.4%) of the total net inflows of the total ETF market.

Tiger Trade debuts down under

CHLOE WALKER  |  MONDAY, 14 MAR 2022
... Singapore with over 200,000 funding customers as of Q2 2021. Globally, Tiger Brokers had about two million customers accounts by September 2021. "Tiger Trade's success can be attributed to how investors nowadays are not only looking for a mobile-first ...

Yarra recruits BTFM specialist

JAMIE WILLIAMSON  |  WEDNESDAY, 9 MAR 2022
... was with BT Financial Group for about seven years and also served as an association portfolio manager with BT Managed Accounts. He has also previously worked as an auditor at Kelly Partners. In his new role, Mugglestone is responsible for managing and ...

Vanguard suspends trading in Russian securities

JAMIE WILLIAMSON  |  TUESDAY, 8 MAR 2022
... funds and is also working to divest passive holdings. In a statement, Vanguard said its total exposure to Russia only accounts for about 0.01% of client assets, with the vast majority being in index funds. Still, purchasing of Russian securities across ...

Advisers cautious of election promises

KARREN VERGARA  |  THURSDAY, 3 MAR 2022
... proposed introducing principles-based measures that can remove the safe harbour provision and simplifying Statements of Accounts and education requirements. AIA Financial Services chief executive and managing director Pina Sciarrone told the event that ...