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Showing 911 - 920 of 3363 results for "Wealth management"

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... US$4.7 billion in net income in the quarter, despite building US$8.9 billion in credit reserves. It's AUM for its wealth management offering grew 15%, with US$124 billion in net inflows into liquidity and long-term products, as Americans pivoted to protect ...

Netwealth booms amid pandemic

ALLY SELBY  |  FRIDAY, 10 JUL 2020
Specialist wealth management platform Netwealth has seen its share price soar, after it reported a 35% increase in funds under administration for the financial year. Shares in Netwealth lifted nearly 16% during trade on Thursday to hit new all-time ...

Generation gap opens up in financial advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
... addressing, but they need to focus on operational improvements even more to meet expectations," KPMG head of asset and wealth management Linda Elkins said. "A majority said financial advice from their provider was important, but only a third were willing ...

Australian Unity rejigs executive lineup

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... executive for its wealth and capital markets business, as it also launches a new green bond fund backed by Crestone Wealth Management. Esther Kerr-Smith is moving into the role of chief executive for wealth and capital markets at Australian Unity, as ...

JBWere to continue using Praemium

KANIKA SOOD  |  TUESDAY, 7 JUL 2020
... ASX-listed platform business to provide reporting and non-custodial administration for the private banking giant's wealth management client portfolios. JBWere will continue using Praemium for another two years. Praemium said the contract has a current ...

Equipsuper, corporate fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUL 2020
... Equipsuper has completed another successor fund transfer, transitioning the corporate super plan of a national wealth management group. Equipsuper is now home to the 950 members of the Pitcher Retirement Plan, with the successor fund transfer having ...

ClearView announces board changes

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... independent non-executive director on 25 November 2019 and has over 30 years' experience in life insurance and wealth management. He is currently a director of Platypus Asset Management and was head of business development at RGA Australia form 2005 ...

Marianne Perkovic to depart CBA

ALLY SELBY  |  TUESDAY, 23 JUN 2020
... division's clients. Perkovic spent more than a decade with the bank, and faced heated scrutiny when representing its wealth management arm during the Royal Commission. During her testimony, she admitted the bank's financial advice subsidiary ...

Euroz, Hartleys to merge

JAMIE WILLIAMSON  |  FRIDAY, 19 JUN 2020
... McKenzie said. "Hartleys has an excellent reputation as a leading stockbroker, corporate finance, institutional and wealth management business," he said. "Combining our firms will create a dominant Western Australian based financial services company ...

Schroders nabs Mercer product boss

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
... product manager, spending about seven years at the firm from 2005. She joined the firm following stints as a wealth management technical analyst at MLC and an e-commerce technical and client service manager at Commonwealth Bank. Separately, the firm ...