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Showing 141 - 150 of 156 results for "MDA"

ASIC MDA review requires further clarity: IMAP

ALICE URIBE  |  TUESDAY, 30 APR 2013
... its submission to the Australian Securities and Investment Commission (ASIC) addressing the regulator's renewed approach to MDA's in Consultation Paper 200: Updates to RG 179, IMAP argued that: "The requirement for annual reviews imposes a cost on the ...

BDO appointed administrator of the AFS Group

LAURA MILLAN  |  WEDNESDAY, 24 APR 2013
... designated administrators of the AFS Group companies, including AFS Group Limited, Australian Financial Services Limited, MDA Private and Strategy Portfolio Limited. BDO Australia will place a moratorium on the payment of unsecured creditors' accounts ...

MDA guidance review will bring coherence and consistency

LAURA MILLAN  |  THURSDAY, 28 MAR 2013
... fund managers welcome the Australian Securities and Investments Commission (ASIC) review of Managed Discretionary Accounts (MDA) guidance as it will bring coherence and consistency to an under-regulated sector. "The review is a good thing because it ...

Managed accounts set for an overhaul

LAURA MILLAN  |  MONDAY, 11 MAR 2013
... the Australian Securities and Investments Commission (ASIC) consultation paper outlining how Managed Discretionary Accounts (MDA) should be operated. Industry players have until 19 April to submit their views with the final regulatory guide released ...

SFG rolls out FOFA-ready MDA

MELANIE TIMBRELL  |  THURSDAY, 19 JUL 2012
SFG Australia has rolled-out FOFA-ready managed portfolio and dynamic portfolio update services to its advice network. Colonial First State Custom Solutions is administering the new offerings via the Symetry Endeavour Portfolio Service. The rollouts ...

IMAP: Make changes early to get FOFA ready

CLAIRE MCGREAL  |  FRIDAY, 18 NOV 2011
... run a wrap free of volume rebates in the future. Wouldn't it be better to be a cleanskin under the coming laws and have an MDA or other structure that is free of rebate issues? said Potter.

AFS to focus on independent market

ELISE BURGESS  |  WEDNESDAY, 28 SEP 2011
... alliance and merger offers from fellow planning groups as it renews its focus with new products and restructure, including a new MDA facility. The Australian Financial Services Group (AFS) has come out in support of the future of the independent financial ...

Industry uncertainty limits MDAs

ELISE BURGESS  |  THURSDAY, 28 JUL 2011
... Providers. The Institute of Managed Accounts Providers (IMAP) reported a rising interest in managed discretionary accounts (MDA) since the introduction of the FOFA reforms, but that this interest was hampered by a lack of understanding and clarity in ...

Planners upscale with managed accounts

MICHELLE BALTAZAR  |  THURSDAY, 5 MAY 2011
... managed accounts comes with a caveat. ASIC is currently reviewing the legislation relevant to Managed Discretionary Account (MDA) licensing. "The onus of responsibility on planners is much higher because of the transparency of these products," said Jeff ...

MDAs to expand SMSF footprint

ELISE BURGESS  |  TUESDAY, 15 MAR 2011
Managed discretionary accounts (MDA) operator, Investment Administration Services (IAS) has reported a surge in interest from adviser dealer groups over the last two years - particularly from those that cater for SMSFs. IAS enables advisers to manage ...