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Search ResultsShowing 1 - 10 of 100+ results for "Wealth management"
Aussie banks set to underperform
ALLY SELBY  |  THURSDAY, 16 JUL 2020
... unlikely that they'll need to come to the market." He also does not believe the big four's exit from wealth management will impact dividends in the future. "It's irrelevant; these businesses are tiny in terms of their profit contribution," ...
Optimism, resilience high on the recruitment checklist
ALLY SELBY  |  THURSDAY, 16 JUL 2020
... recruiter Super Recruiters, who argue a second wave of COVID-19 will bring with it a raft of challenges for the wealth management industry. "As wealth management industry roles become increasingly scarce and sought after by a rising labour pool, the ...
Banks brace for major loan losses
ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... 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
... 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 to pay ...
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 ...
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