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Showing 71 - 80 of 8004 results for "Products"

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... expertise, alongside executive chair Andrew Formica. Morningstar also commended Magellan for being an innovator of new products, highlighting its launch of Australia's first active exchange-traded fund in 2016 and the rollout of the cost-effective ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... 70% of respondents said they trust themselves over their superannuation fund to make decisions about which retirement products to use. Half of super members said they are "confident" they can effectively manage their own income and investments in retirement ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... discounted platform administration fees to clients, targeting a total cost to client of less than 1%. For retirement products, AMP's MyNorth Lifetime leads the way in offering a guaranteed stream of lifetime income that afford advisers the flexibility ...

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... risk than the complainant understood or needed. The fees were also excessive when compared to alternative investment products," it read. AFCA lead ombudsman for investments and advice Shail Singh said: "While work is well underway, it will take time ...

Sydney HNWI drops $24m on EG building

CHLOE WALKER  |  THURSDAY, 15 FEB 2024
... According to EG head of private wealth Rodney Walt, the partnership aims to deliver great returns for investors through debt products that provide 'equity-like' returns. "EG is an entrepreneurial shop, and we are always looking for the best opportunities," ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... a significant growth opportunity for Magellan and is expected to be a key driver of future growth as it launches new products and intensifies distribution efforts. "This is a real opportunity to really revamp what we have [in the US]... Each new boutique ...

MDA authorisations remain steady amid exodus

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... deposits and non-cash payments (+2.6%)," Dunnin explained. "The reduction in adviser authorisations for deposit and payment products as well as superannuation have seen declines mirroring adviser exits, with 23.7% and 23.2% declines respectively." However ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... line with FY 22. "Lower AUM based revenue (down 10.4%) was the result of both the simplification program to consolidate products and fees and the previously announced mandate loss of $4.3 billion," Vernon said. The group's underlying NPAT was up ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... nominal one-off fee clients were told they'd receive a split of profits from Sandiford investing in foreign exchange products and commodities. Meanwhile, the income fund offered an option under which investors would pay a capital investment amount on ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... reveals that within the next decade, nearly one-fifth of Australian households will become eligible to purchase wholesale products without retail consumer protections. Accordingly, the research, undertaken by PwC and Data Analysis Australia, called for ...