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

Search Results

Showing 111 - 120 of 5893 results for %22Market Wrap PM%22

Colonial First State removes funds

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... Three new index funds Earlier this month, CFS announced three new index option additions to its FirstChoice Wholesale and Wrap Plus. The conservative, diversified and growth options will charge around 0.34%. "We have seen a significant increase in demand ...

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... managed accounts increased 1% during the 12 months before December 2018 to reach $691 billion. However due to poor stock market performance, local and international platform funds under advice was down for the December 2018 quarter. BT Financial Group ...

Colonial First State makes major fee cuts

KANIKA SOOD  |  THURSDAY, 18 APR 2019
... diversification and simplicity," Power said. CFS has a total of about $128 billion in assets under management. Grabbing market share CFS and CBA have the third-largest slice of the $811 billion platforms, wraps and master fund market with an almost 15% ...

Platform provider wins mandate

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... This partnership comes at an exciting time for our organisation as we plan for our next growth phase and look to capture market opportunities. We look forward to supporting First Point Wealth Management's strategic growth," MGP head of distribution and ...

Principal appoints insto sales director

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
... building long-term relationships with institutional investors and their advisers, and an exceptional reputation in the market," she said. "The Australian and New Zealand institutional market is a key area of focus for Principal, and I have confidence ...

Alternative platform launches

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... solution is to allow advisers to hold clients' investments in their unique HIN, which was implemented following the 1987 stock market crisis to give Australian investors individual ownership of their shares Despite the HIN's development, the wrap model ...

AMP cuts MyNorth fees

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... to improving client outcomes: "Following these fee reductions, MyNorth will be one of the best value wrap platforms in market and will compete very strongly on price across a range of account balances." "Advisers and clients continue to respond favourably ...

Platform rebrands for next phase

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
... the new brand was chosen to reflect its universal growth purpose and will be accompanied by a program to familiarise the market and clients on its offer, and how it can help financial advisers and their clients. "The directors believe that the business ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
... changing needs. As soon as we are ready to make any further announcement, we will advise our clients, advisers and the market."

MLC drops wrap and super admin fees

DARREN SNYDER  |  TUESDAY, 29 JAN 2019
MLC Wealth chief executive Geoff Lloyd is making his biggest call since joining the group five months ago, slashing wrap administration fees to run one of the cheapest platforms in Australia. Additionally, Lloyd is lowering administration fees for the ...