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Showing 1791 - 1800 of 4013 results for "Accounts"

Linear pushes MGP into the red

KARREN VERGARA  |  MONDAY, 3 SEP 2018
The acquisition of Linear dragged Managed Accounts Holdings into the red, results for the June 2018 financial year show. While funds under administration and revenue shot up thanks to the merger, MGP reported a $2.5 million loss after making a profit ...

Praemium taps Netwealth analyst for head governance role

HARRISON WORLEY  |  FRIDAY, 31 AUG 2018
A senior Netwealth investment research analyst is moving to Praemium. Damian Cilmi joins the managed accounts provider as its new head of investment managers and governance, starting his tenure on Monday, September 3. With the Praemium SMA already holding ...

Industry fund cuts admin fee

KANIKA SOOD  |  THURSDAY, 30 AUG 2018
A $72 billion industry superannuation fund is cutting its administration fee for lower-balance accounts - a change which affects one-quarter of its members. UniSuper members with account balances lower than $4800 will now pay 2% of the account balance ...

Praemium picks up new SMA partners

HARRISON WORLEY  |  THURSDAY, 30 AUG 2018
Three advisory groups have partnered with Praemium, moving to its integrated managed accounts solution. Thornton Group, Advisory Partners and Providence Wealth have partnered with Praemium for separately managed accounts. It continues the firm's recent ...

Boutique grows to meet managed accounts demand

HARRISON WORLEY  |  THURSDAY, 30 AUG 2018
A boutique asset manager is welcoming a national business development manager in order to meet increasing managed accounts demand. Quilla Consulting appointed Steven Jessop as national business development manager to meet growth in its managed accounts ...

Stale boys club lingers on: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... company talks about being committed to recruiting women, but it is really driven by the desire to have more women in client accounts (for those clients that care) than by a deeper understanding of the issue," one respondent said. When it comes to remuneration ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... another related trustee within the CBA Group, admitted it did not have authority to adequately disclose deceased member accounts that would be charged adviser service fees. Both CFSIL and Avanteos may have engaged in misconduct that breached the Corporations ...

SMSFs too conservative: Poll

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... dismissed this claim arguing that SMSFs are much more conservative because a high proportion of the sector by both member accounts and funds under management compared to not-for-profit and retail funds, are in pension phase. Rainmaker said this is not ...

Managed accounts forum to address vertical integration, best practice

STAFF WRITER  |  FRIDAY, 24 AUG 2018
... managed account providers and financial planning groups will take centre stage at the annual Financial Standard Managed Accounts Forum to be held in Melbourne next month. More than 160 financial advisers and managed account specialists have registered ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... brewing trade war that's putting downward pressure on Japanese exporters. Latest figures show that Japan's trade accounts went into a ¥231.2 billion deficit in July from a ¥720.7 billion surplus in the previous month... but for good reasons. ...