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Showing 971 - 980 of 11003 results for "Account"

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
... the last eight years leading sales, specialising in product distribution, and the seven years before that as a strategic account manager. Before joining CFS in 2007, Walker was the national account manager at Barclays Global Investors and the corporate ...

Mercer names investment solutions lead

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
... institutional wealth business, Jacques had a dual role at the asset consultant, also running portfolio solutions for the managed account division. She also served as the Asia Pacific representative for the Mercer Research Ratings Review Committee. Before ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
Three Pitcher Partners executives have set off to launch Viola Private Wealth, an ultra-high-net-worth financial advice firm spearheaded by Charlie Viola. Viola, together with founding partners Sean Ward and Andrew Levi, bought out operational aspects ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Household wealth rose for the seventh consecutive quarter - rising 1.5% or $250 billion - in June 2024, according to data from the Australian Bureau of Statistics (ABS). Total household wealth was $16.5 trillion in the June quarter, which was 9.3% ($1.4 ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
... Super, UniSuper, Hostplus, Cbus, Rest, and HESTA, which command over half of all APRA-regulated superannuation assets, account for about 12% of the $2.7 trillion market capitalisation of the ASX. While these super funds benefit from economies of scale ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
ASIC imposed a record $5 million fine on Macquarie Bank for its failure to curb suspicious order transactions on electricity futures. ASIC's Markets Disciplinary Panel (MDP) found Macquarie breached market integrity rules on 50 occasions between January ...

Boutique investment manager hits the market

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
TWC Investment Management, a founder-owned and led boutique firm, has set up shop in Australia. The investment management firm, led by chief executive Owen Hereford and chief investment officer John Birkhold, formerly a portfolio manager at Origin Asset ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... several fraudulent applications to access the early release of super by using myGov accounts to claim to be other super account holders. SFCT chief and ATO deputy commissioner John Ford said: "This outcome sends a clear message to the community that ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... package of product performance metrics and insights, adding it may be "particularly detrimental" to members with lower account balances. APRA's Comprehensive Product Performance Package (CPPP), brings together the product performance metrics underpinning ...

ESSSuper ups admin fee cap

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... fund will increase its annual administration fee cap for Income Stream accounts from $750 to $1000. The fee cap for these account members went from $2120 to $750, as announced in July 2023. Since the fee reduction, however, the super fund "experienced ...