Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1081 - 1090 of 2504 results for "platforms"

Former NULIS chair faces Royal Commission

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
... the contribution fee," she said. Earlier in the day Hodge questioned former NAB general manager of superannuation and platforms Paul Carter, questioning whether the group looked for any possible way it could avoid refunding customers the plan service ...

Plan service fees did not constitute fee for no service: NAB

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
Responding to questions from counsel assisting Michael Hodge, former NAB general manager of superannuation and platforms Paul Carter attempted to distinguish between other cases of fees for no service and NAB charging superannuation customers for advice ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
IOOF is celebrating record financial results, driven largely by its financial advice and platforms businesses and the execution of multiple acquisitions as recent as June. IOOF reported a record underlying profit after tax of $191.4 million for FY18 ...

NAB looked to keep plan service fees, Royal Commission hears

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... members despite the services not actually being supplied. Questioning former NAB general manager of superannuation and platforms Paul Carter, counsel assisting Michael Hodge suggested the group looked for any possible way it could avoid refunding customers ...

Glennon Capital hires marketing director

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
... that invests in ex-ASX 100 stocks and an absolute return portfolio. The strategies are offered as model portfolios on platforms, and to SMSF and retail investors through LICs. The now-$57 million small companies LIC (ASX: GC1) returned 8.6% for the quarter. ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... Post-consolidation, NULIS became the sole trustee of all the super funds. Then-executive general manager of superannuation and platforms Paul Carter assisted in the preparation of a report which was presented to the NAB/MLC board. The report contained ...

Poor tech derails financial services marketing: Study

MICHELLE BALTAZAR  |  MONDAY, 30 JUL 2018
... the reality of how these tools work and what they deliver make them less of an enabler and more of a hindrance. "Tech platforms creating issues for nearly 80% of respondents is not the dream we've all been sold," the report said. "It's likely ...

Industry bodies respond to RG97 review

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... recommendation the current bank platform operators regulation should be reviewed. More than $500 billion is invested through platforms typically owned by banks and wealth management groups, and used by financial planners, he said. "Much of the complexity ...

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... don't know how they will do it. But the important thing is they are doing it." BTFG's product providers (super, platforms and investments) operate as independent businesses and will work to choose the best way to pay the commissions back to clients. ...

ASIC unveils RG97 review

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... McShane, engaged more than 120 stakeholders in the process. Chief among the concerns raised was the complex structure of platforms. Disclosure roadblocks arose due to the multiple layers of products on platforms - fee and cost impacts occur at both the ...