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Showing 871 - 880 of 8317 results for "Retail"

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... In an ASX announcement, AMP said the completion supports its strategic objective to simplify its portfolio and focus on retail banking and wealth management operations in Australia and New Zealand. Further, AMP chief executive Alexis George said the ...

All financial advice should be tax deductible: FPA

CASSANDRA BALDINI  |  FRIDAY, 3 FEB 2023
... industry, to ensure sustainability and equity." It proposed the CSLR apply to personal advice, relevant financial products, retail clients, credit intermediation, securities dealing, credit provision, and insurance product distribution. "To remedy this ...

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... advisers who charge up to $6000 "to roll consumers from high performing, low fee profit-to-member funds into poorer performing retail funds." "A typical experience was for a super fund member to be cold called by an intermediary generating business for ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... Agreement. Insignia's funds under management (FUM) was $83.8 billion. Despite positive market movement of $775 million and retail net inflows of $160 million, the Insignia experienced a decrease in FUM due to the divestment of $7.6 billion by JANA ...

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
... will help to ensure we are well positioned for the future, to deliver on our strategy as a focused wealth management and retail banking business in Australia and New Zealand." The results will be announced next month.

Bloom raises $500k in seed funding

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... the family office of Up co-founder Dominic Pym, and with Envato founders Collis and Cyan Ta'eed. Bloom Impact offers retail investors access to a diversified growth portfolio of assets that meet climate impact goals with a minimum investment of $500. ...

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
... other top performing personal super options. Meanwhile, the worst performing personal super options were predominantly from retail funds. Zurich SP - Zurich Managed Growth EF (0.6% p.a.), SSMPPS - Smartsave Balanced (1.5% p.a.) and FirstChoice WPS - ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... disruption. "Wealth management in the US today is fragmented across multiple retirement plan advisers for plan sponsors and retail advisors for participants. This sector is ripe for disruption," Pilger said. "The phenomenon of multiple employer plans ...

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
... transport and housing, with seasonal spending also a cause, following Black Friday's boosted sales. According to the data, retail sales rose by 1.4% while job vacancies fell to 4.9%. VanEck head of investments and capital markets Russel Chesler said ...

Prime Super appoints new board directors

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... financial services in Australia and Asia, working with super funds, regulators, investment management teams, institutional and retail investors, asset consultants and other industry experts. Previously, Dooley was general manager of institutional business ...