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Showing 981 - 990 of 9270 results for "wealth"

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 ...

AustralianSuper appoints first chief liquidity officer

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
... more than 25 years' experience in financial services at leadership levels across treasury, retail, investment banking and wealth management. AustralianSuper chief investment officer Mark Delaney said the appointment is a significant step forward in the ...

Aged care costs begin to worry older Aussies

MATTHEW WAI  |  WEDNESDAY, 25 SEP 2024
Older Australians are increasingly seeking financial advice in relation to aged care costs, new research from Challenger and National Seniors Australia shows. According to the study, calculating aged care costs has become a dominant concern for older ...

Boutique investment manager hits the market

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... portfolio manager at Origin Asset Management, officially launched this month, targeting partnerships with family offices, wealth management firms, and institutional investors. Hereford and Birkhold, who also served as managing director at Credit Suisse ...

E&P Financial Group seeks to delist

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... is unaware of the extent to which it may or may not be involved in the inquiry." The senate referred the inquiry to the Wealth Management Companies to the Senate Economics References Committee, which will provide a report by the last sitting day of March ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... there was a concentration of trustees offering the highest cost products, with Macquarie responsible for two and AMP's Wealth Personal responsible for six. "Trustees need to have robust product governance in place to ensure they meet their product design ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... experience or operational risk consolidations of business operations within funds... a super fund will have insurance, wealth products, financial advice, investment operations, active investment management; it is a complex beast but, in my experience ...

Global X hires new chief executive

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... managing director, as first reported by Industry Moves. Zaika spent more than six years at GAM and before that was the head of wealth at BlackRock's iShares Australia. He also worked in investor solutions at Barclays Capital and was head of adviser ...

GAM Investments loses local lead

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
... years, covering institutional, wholesale and retail market segments. He arrived from BlackRock, where he served as head of wealth for iShares Australia, running the retail business and distribution strategy. Before that, he was vice president of investor ...

More financially secure women seek advice: Survey

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... industries. With higher divorce rates, especially among older generations, wealthy women are often required to navigate wealth management, at times without prior experience or existing relationships with professionals. Their research also found the number ...