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Showing 91 - 100 of 1960 results for %22Rainmaker%22

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... $1.6 trillion wholesale funds market has experienced negative growth, contracting 2.6% in annual terms. According to Rainmaker Information's latest Wholesale Advantage report, wholesale funds have had three consecutive quarters of negative growth, to ...

AFA, FPA propose merged entity name

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
... Certified Financial Planner member of the FAA will pay $995 in annual membership fees for the 2023-24 financial year. Rainmaker analysis of ASIC's Financial Adviser Register at the end of 2021 shows that the FPA is the preferred adviser association. ...

Associations call for improved access to financial advice

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... of financial advisers in Australia has declined from 26,500 to 16,671 from 2019 to 2022, according to research from Rainmaker Information, noted the JAWG. "Urgent action is needed, the government has a rare opportunity to deliver affordable and accessible ...

Sequoia FG revises profit expectations

JAMIE WILLIAMSON  |  MONDAY, 23 JAN 2023
... which Sequoia said is pushing an expectation that the licensee services business will have a strong 2H23. According to Rainmaker Information, Interprac has 273 advisers as at December end. Sequoia flagged that it is considering consolidating its licensees ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... of super fund members (43,000 people) aged between 65-69 have more than $1 million in their superannuation account. Rainmaker Information executive director of research Alex Dunnin explained only 1% of all super accounts hold more than $1 million. "However ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... wholesale segment, enabled by the rise of managed accounts. As previously reported by Financial Standard, according to Rainmaker Information the managed account market reached $175 billion in funds under administration (FUA) in the year ending December ...

Industry fund tops personal super tables

ANDREW MCKEAN  |  MONDAY, 16 JAN 2023
Research by Rainmaker Information shows that an industry fund has the best performing personal super investment option, as at 30 November 2022. Hostplus Personal - Balanced option ranked first in Rainmaker's last superannuation performance tables ...

Adviser population dropped 17% in 2022

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2023
The number of financial advisers is now at its lowest in almost two decades, analysis shows. According to Rainmaker Information's breakdown of the ASIC Financial Adviser Register, a net 3250 (17.3%) financial advisers exited the sector last year ...

Best performing MySuper investment option named

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
Rainmaker Information has released a list of the best MySuper investment options as at 30 November 2022. Hostplus' Balanced option ranked first in Rainmaker's latest superannuation performance tables with a 6.3% annualised return over a three-year ...

Managed accounts dominated by SMAs

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
According to Rainmaker data, separately managed accounts' (SMA) footprint in the managed account sector has risen dramatically in two years. SMAs funds under advice (FUA) in the past two years increased 151%. Meanwhile, managed discretionary accounts ...