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Showing 131 - 140 of 161 results for "MDA"

Advice firm chooses MDAs over platforms

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
... Planning will transfer the majority of its funds under advice from traditional platforms onto a managed discretionary account (MDA) structure. The firm has about 350 clients and $160 million in assets under advice. It currently uses Westpac's Asgard ...

MDA provider makes debut on ASX

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
Managed Accounts Holdings Limited has started trading on the Australian Securities Exchange (ASX) today after raising about $3 million in its Initial Public Offering. The owner of managed discretionary account specialist managedaccounts.com.au will ...

MDA provider appoints lawyer to senior role

LAURA MILLAN  |  WEDNESDAY, 11 JUN 2014
Managed Account Holdings has appointed a senior lawyer as company secretary, ahead of its listing on the Australian Securities Exchange (ASX). The owner of managedaccounts.com.au has appointed Jillian McGregor for her experience working in mid and top ...

MDA provider inks deal with Affinity and Redgum

STAFF WRITER  |  TUESDAY, 18 MAR 2014
Managed discretionary account (MDA) operator, managedaccounts.com.au has inked deals two boutique financial advisory firms to integrate the company's solution into their businesses. The deals with Sydney-based Affinity Wealth Services and Melbourne-based ...

ASIC drops planned MDA changes

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
... year. However, ASIC has now stated there will be no change to the rules, saying it would wait to see how FOFA would affect MDA operators. It also cited the Coalition's deregulation agenda and its announcement of a moratorium on further financial services ...

GPS Wealth launches a new MDA

HARRY PAGE  |  THURSDAY, 27 FEB 2014
Independently-owned dealer group GPS Wealth (GPS) has introduced a Managed Discretionary Account (MDA) which it said would cut investment fees in half. GPS also said it would transition away from wrap platforms and master trusts. According to GPS Wealth ...

ASIC accepts EU from forex broker over prohibited IMA

STAFF WRITER  |  TUESDAY, 25 FEB 2014
... 2011, Forex FS offered an account known as an individually managed account (IMA) which was a managed discretionary account (MDA). Forex FS's Australian financial services (AFS) licence prohibits it from offering a MDA service to retail clients except ...

Federation added to Australian Unity platform

HARRY PAGE  |  FRIDAY, 14 FEB 2014
... management process for their clients," Davis said. The Federation account will operate like a managed discretionary account (MDA), but without requiring any variation to the advice licence or additional compliance requirements are usually required for ...

Altair launches two funds for retail investors

MARK SMITH  |  WEDNESDAY, 12 FEB 2014
... "We have been in conversation with a number of financial advisers who like our investment approach and the way we manage our MDA strategies but they also want something suitable for smaller clients. We believe these two funds will help fill that gap," ...

ASIC's whistleblowing demands too extreme: ACSA

JAMES FERNYHOUGH  |  TUESDAY, 12 NOV 2013