Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 891 - 900 of 3363 results for "Wealth management"

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... March 2020. In the year ahead, it is looking to add a mobile client portal app for advisers to use for their wealth management clients. It said it will strategically increase the spend on IT infrastructure, people and software. This includes planned ...

Synchron compliance lead moves to AMP

ELIZABETH MCARTHUR  |  MONDAY, 17 AUG 2020
... strengthening governance," a spokesperson for AMP said. Earlier in his career, Jones was director, compliance at UBS Wealth Management Australia for six years and spent two years as a compliance manager at IFM Investors. Last week, Synchron said it chose ...

Wealthy Aussies panic buy life insurance

ANNABELLE DICKSON  |  MONDAY, 17 AUG 2020
... extremely concerned about the outbreak of the pandemic, with only 5% who were not concerned. GlobalData senior wealth management analyst Heike van den Hoevel said: "Panic buying does not end with food. In the face of growing concerns surrounding infections ...

K2 Asset Management reports loss

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
... flagged recently established relationships with Principal Funds Management, Odyssey Asset Management and Paua Wealth Management, and launched Annapurna Microcap fund. "K2 is vigilant and fit for evolution. The commitment to our unitholders remains unchanged ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business. While a public market exit for the bank's subsidiary MLC Wealth is still on the cards, NAB noted it was also ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
AMP has reported a near halving of its wealth management earnings and announced it is buying back Mitsubishi UFJ Trust and Banking Corporation 15% stake in AMP Capital. The embattled wealth manager has reported its first half underlying profit was $149 ...

CBA profit takes hit, dividend cut

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... businesses which offset some losses due to lower interest rates and COVID-19. "We have now substantially divested our wealth management businesses in line with our simpler, better bank strategy," Comyn said. "This has allowed us to focus on delivering ...

Alex Wade leaves AMP

JAMIE WILLIAMSON  |  THURSDAY, 6 AUG 2020
... Wade tendered his resignation and AMP accepted it, the group said. Chief executive of AMP's New Zealand Wealth Management, Blair Vernon, will replace Wade in an acting capacity while a search is conducted for a permanent successor. Vernon has over ...

FPA award nominations open, new award announced

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... said the challenges and disruptions caused by the coronavirus pandemic, combined with ongoing changes in the wealth management sector, make this year's awards all the more significant. "2020 is unfolding as the most challenging year in decades," he said. ...

Chi-X TraCRs added to specialist platform

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies. All 35 Chi-X TraCRs and all quoted Chi-X Funds are ...