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Showing 11 - 20 of 41 results for "Raiz"

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
ASX-listed Raiz will pay $9.5 million to acquire a firm with a $70 million Choice superannuation fund. Raiz is set to buy Superestate, whose business includes superannuation, a residential property fund, and a property data platform. Under the deal ...

Raiz expands to SMSF market

ANNABELLE DICKSON  |  FRIDAY, 19 MAR 2021
... and allows users to build their own personalised portfolio by choosing the target weighting for up to 14 ETFs and Bitcoin. Raiz Invest Australia chief executive and group chief operating officer Brendan Malone told Financial Standard the expansion into ...

Raiz increases fees for lower balances

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
Raiz Invest has announced a new fee structure, increasing the monthly fee for lower balance customers. The financial services platform announced it would be increasing some fees for its Australian customers. The monthly maintenance fee will increase ...

ERS dents Raiz Super by $13m

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... release of super scheme. Members withdrew $13 million between April and December 2020, the firm's half-year accounts show. Raiz Super launched in 2018 with Diversa acting as its trustee. Members' money is invested in ETFs listed on the ASX, which ...

Raiz Super regains losses

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
... funds under management by nearly 15% in the December quarter despite the impact of the early release of super scheme (ERS). Raiz Invest's superannuation portfolio swelled to $81 million or 14% from $64 million after losing over $6 million in 2020 because ...

Raiz launches custom portfolio option

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
Raiz has introduced a new custom portfolio option that will enable clients to gain more control over their portfolio allocations. Raiz said the custom portfolio, unlike its seven standard ETF portfolios, will allow users to build their own personalised ...

Raiz appoints new chair

ELIZA BAVIN  |  FRIDAY, 13 NOV 2020
Raiz Invest has announced the appointment of a new chair with a background in digital marketing focusing on growth companies. Kevin Moore is set to take the position of chair and non-executive director. He is a digital market specialist with a long ...

Raiz shuffles leadership team

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
Micro-investing app Raiz has announced in its FY20 results that it's reorganising the executive team to better manage the business as it expands globally. Chief executive of Australia George Lucas has moved into the role of group chief executive with ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... positive result in such a volatile year is great news for members," Cbus chief investment officer Kristian Fok said. Elsewhere, Raiz Invest's superannuation offering has seen strong returns, with a 45.4% lift in funds under management over the past ...

Australia lagging on robo-advice

HARRISON WORLEY  |  FRIDAY, 19 JUN 2020
... portfolio, and demonstrate tangible time and cost savings to customers. So far, micro-saving services such as those offered by Raiz - with its 200,000 customers - have led the way for robo offerings locally, ensuring hope for budding robo providers. ...