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Showing 1051 - 1060 of 2601 results for "Platforms"

Suitability of managed accounts grows

HARRISON WORLEY  |  TUESDAY, 10 SEP 2019
... accounts, ETFs and the list goes on," he said. "And I fully expect that with continued feedback and use from advisers, platforms and producers will continue to build this capability." The research also shows there were more than 2270 model portfolios ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... accounts (MDAs). The regulator said it is reviewing MDAs and as part of that review has demanded certain information from platforms and MDA providers - including information in regards to fees. Nejasmic was previously head of sales at Xplore Wealth ...

Cashwerkz hires distribution lead from Perpetual

ELIZABETH MCARTHUR  |  TUESDAY, 20 AUG 2019
... improved returns for clients, and secondly simplified and improved compliance for advisers, dealer groups and investment platforms." Burbidge was state manager for Certitude Global Investments (a subsidiary of Ironbark Asset Management) before joining ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
... financial advisers from major wealth management institutions moving to Netwealth services as those looking to change platforms continued to increase. About 75% of net inflows came from existing adviser clients. Joint managing directors Matt Heine and ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
Since the end of the Royal Commission, ASIC has been collecting information from platforms on the fees they charge and the financial advisers using them. In a letter obtained by Financial Standard, ASIC requested the names of every retail client who ...

Zurich inks exclusive retail distribution deal

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... in-house but will now rely on Zurich to look after its retail distribution in Australia including relationships with platforms, research houses and advisers. Celeste managed $592 million at end of last financial year but is currently down to $75 million ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... commission expense that was slashed by more than half to $2.4 million. Referring to recent media coverage of investment platforms providing low or negative interest rates on cash investments, chief executive Michael Ohanessian said Praemium delivers ...

Zurich chief to depart, successor named

ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
... Macquarie Group. During his time at Macquarie, Delaney oversaw the creation and growth of Macquarie Life and led Macquarie's platforms, superannuation and online broking businesses. He departed Macquarie as executive director, head of wealth product ...

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... which contributed $862 million, up $21 million or 2%. This was driven mainly by growth in the FirstChoice and CFSWrap platforms, which had $94.3 billion and $32.4 billion in funds under administration respectively. Commonwealth Financial Planning reported ...

Fintech off to slow start in 2019: KPMG

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
... as US, Germany, the UK, and fintech verticals. In sectors like payments and lending, investors have a good sense of platforms that will be sustainable, and directed their investments accordingly. In Europe, fintech investment started strong despite ongoing ...