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Showing 881 - 890 of 1872 results for "Young"

Institutions suffer financial adviser drain

ALEX BURKE  |  MONDAY, 19 FEB 2018
About one in 10 financial advisers swapped their licensee in 2016-17 - and 56% of these either stayed in or migrated to non-institutional options, according to Rainmaker research. Another third of those 2100 advisers migrated to institutional licensees ...

Fortnum recruits former Centric Wealth chief

ALEX BURKE  |  WEDNESDAY, 14 FEB 2018
Fortnum Private Wealth is welcoming a former chief executive of Centric Wealth to its ranks. Glen Castensen joins in an executive position reporting directly to Fortnum managing director Neil Younger. He was most recently a financial services consultant ...

Responsible investment here to stay: Experts

DARREN SNYDER  |  THURSDAY, 1 FEB 2018
One of Morgan Stanley's head researchers is challenging the myth that sustainable, ethical or responsible investing ultimately leaves investors short-changed. Morgan Stanley head of wealth management research Nathan Lim said when you compare the average ...

Changing nature of advice to benefit institutions

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2018
... the exit strategy being made for them," Tynan said. These evolving business models and growing education costs will make young professionals entering the industry selective about their first position. "Many newly qualified financial planners and accountants ...

Advice group solidifies Gen-Y positioning

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
The future of financial advice will be built around businesses which cater to niche markets, leading to more advisers joining boutique planning groups. This is the view of Wealth Enhancers co-founder and chief investment officer Finn Kelly. The firm ...

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
MetLife Australia is included among a $10.9 billion custody mandate awarded by its global parent across three key Asia Pacific markets. The US-based life insurer awarded the US$8.7 billion ($10.9 billion) custody mandate to HSBC Securities Services. ...

ASIC accepts EU from Brisbane adviser

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
... advisers are acting in their clients' best interests. Separately, ASIC announced Suncorp subsidiary MTA Insurance will refund young customers who were sold add-on life cover that had little or no value via car dealerships under its MTA Consumer Credit ...

Industry fund cuts life premiums, renews insurer

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
An $11 billion industry superannuation is reducing its life and total and permanent disability (TPD) insurance premiums for younger members by as much as 50%. MTAA Super recently renewed its long-standing partnership with MetLife to June 2020. The pair ...

Venture capital sector booming but needs greater government support

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
... new innovation capabilities in an economy. Weaknesses and problems in the banking sector have meant that debt finance for young firms has been rationed," the IPA said. KPMG's Price added Australia's start-up investment scene has rapidly matured, but ...

In-house education key to super success

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
... superannuation funds is encouraging parents to educate children on the importance of saving for retirement as new data shows young Australians accumulate super faster than ever before. Member data released by QSuper shows a rise in Australians contributing ...