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Showing 91 - 100 of 6471 results for "Wrap"

Mercer awarded mandate for North's APS CoreSeries

MATTHEW WAI  |  FRIDAY, 13 SEP 2024
... invested, avoiding time out of the market and incurring fees associated with exiting and reinvesting, it said. Meanwhile, the wrap platform has expanded the range of customisation options for managed portfolios, with lower-balance investors to benefit ...

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
... and investors in the event that Keystone and Shield are to be wound up. The Shield Master Fund was available on Macquarie Wrap, and Equity Trustees' NQ Super and Super Simplifier platforms. ASIC said it is aware of authorised representatives from ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... to have concerns about some aspects of the test, particularly the detrimental impact for some customers investing through wrap platforms." "Despite administration fees for the AMP wrap platform being among the lowest in the market, we are disappointed ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
A former financial adviser who won a retrial after being convicted of fraud in 2019 has once again been found guilty of misleading clients to invest their retirement savings in a single abalone farm that went bust. Former Brisbane financial adviser ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... related to several strategic initiatives the wealth manager has taken on in recent times, including the migration of MLC Wrap to Expand, the creation of Rhombus Advisory, and the several asset sales it conducted including Millennium3 and Godfrey Pembroke. ...

Expand bolsters SMA menu

MATTHEW WAI  |  TUESDAY, 13 AUG 2024
BlackRock, DNR Capital, Elston, Lonsec and Zenith have been added to the Expand Extra menu, doubling the wrap platform's separately managed account (SMA) offerings. The additional investment managers complement the current fleet of MLC Asset Management ...

Iress snags Insignia Financial executive

ELIZABETH FRY  |  FRIDAY, 9 AUG 2024
... lineup. Its new structure will centre around four dedicated lines of business: asset management, superannuation (master trust), wrap platform and advice. Interestingly, Insignia recently appointed Dave Woodall as chief executive of super starting in ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... read, noting it also undermines consumer choice via product closure. Broad Choice products are typically administered on wrap platforms and have gained market share whilst adapting to the growth of managed accounts and non-superannuation vehicles to ...

Remediation professionals told to temper expectations

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
Remediation projects winding up at major firms has created a lot of competition in the job market for wealth compliance and risk candidates, according to a recent Kaizen Recruitment report. The past financial year has seen considerable changes in the ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... new structure that will centre around four dedicated lines of business: asset management, superannuation (Master Trust), wrap platform and advice. "Each business line will be led by an executive with end-to-end accountability to drive positive sustainable ...