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Showing 971 - 980 of 3363 results for "Wealth management"

Industry-made retirement models are self-serving: SCA

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... income standards. In its submission to the Retirement Income Review (RIR) SCA said existing models pushed by the wealth management sector have serious flaws, making them inappropriate for an increasing number of people. "Existing models overestimate ...

Challenger recruits Generation Life co-chiefs

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... to joining Generation Life as joint chiefs in January 2018, they worked at CBA as executive managers in the wealth management division, focused on strategy and planning. Foster is a former KPMG management consultant while van der Veen worked at BT, including ...

Citi appoints head of investment partnerships

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
... Australia has hired from Westpac to appoint a new head of investment partnerships, tasked with promoting its wealth management business. Keith Miranda was most recently Westpac's head of strategic initiatives, digital and marketing. Prior to this, he ...

Morgan Stanley acquires E*TRADE

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
... about US$58 per share. Morgan Stanley said the deal will significantly increase the scale and breadth of its wealth management franchise, and position itself to be an industry leader in wealth management across all channels. "E*TRADE has over 5.2 million ...

Focus to acquire stake in MEDIQ

KANIKA SOOD  |  WEDNESDAY, 19 FEB 2020
... chief operating officer Rajini Kodialam said: "We believe that MEDIQ is uniquely positioned in the Australian wealth management market and will benefit from our scale and resources to grow their business." In February last year, Focus announced it was ...

Netwealth leads the platform pack

ALLY SELBY  |  TUESDAY, 18 FEB 2020
... edition of its Platform Benchmarking and Competitive Analysis Report, with Netwealth taking out the top gong. The wealth management platform led the pack for overall platform functionality, followed closely by HUB24. Investment Trends senior analyst ...

Former Macquarie adviser cops lifetime ban

ALLY SELBY  |  THURSDAY, 13 FEB 2020
... Management (2008-2015) and Westpac (2001-2008). Acworth's ban comes as part of the corporate regulator's wealth management project, which aims to lift standards among Australia's major financial advice providers. The project focuses on the ...

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... manager reported losses across the board in its FY19 results citing a challenging environment in Australian wealth management for the poor result. FY19 underlying profit came in at $464 million, down from $680 million in the previous year. The net loss ...

Retirement income review must focus on women: KPMG

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... unequal contribution that women make to society through caring for other generations," KPMG head of asset and wealth management Linda Elkins said. "But sadly the current system does the opposite - while it was not designed to discriminate against women ...

Former dealer group chief to lead Australian Ethical

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
... on their passion for making a difference." McMurdo has also previously served as chief executive of Centric Wealth Management. He also led AMP's life insurance business in New Zealand, as well as the wealth manager's local marketing efforts.