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Showing 221 - 230 of 1076 results for "Separately"

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... corresponding period. Despite the massive outflows, Powerwrap's total assets rose by 5% to $12.5 billion year on year. FUA for separately managed accounts (SMA) of $10.4 billion was up 16%. The SMA offering recorded quarterly net inflows of $159 million. ...

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... for different entities and clients in the one group and to align with the preferred timing for clients," she said. Separately, the Australian Taxation Office recently clarified rules on deductibility of financial advice fees under new draft determination ...

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... reduce the insurance coverage to lower the premium, increase the excess, or do both." APRA and ASIC are now engaging separately with the Council of Australian Life Insurers (CALI) to determine what steps can be taken at an industry level to improve disclosure ...

New enhancements to Expand, CFS Edge

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... said. Further enhancements to the Expand Essential menu are expecting in April next year, including a full suite of separately managed accounts (SMAs). Elsewhere, the Accelerate Series, now available on CFS Edge, combines reduced investment fees with ...

Private market deal activity set to persist amid high-rates: Aviva

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
... corporate debt will likely offer attractive illiquidity premia, given the tighter lending from traditional capital sources. Separately, Aviva's head of investment strategy Michael Grady commented last month that as 2023 draws to a close, peak interest ...

Allianz Retire+ heavyweight jumps ship

ELIZABETH FRY  |  FRIDAY, 17 NOV 2023
... beginning to see some support for this idea and hopes it will emerge as a second phase of the Quality of Advice reforms. Separately, Ryan Harbin has joined Allianz Retire+ as the state manager of Queensland. He arrived from Dexus, where he held a similar ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... Ethically Conscious Global Aggregate Bond Index Fund by claiming it screened all securities against specific ESG criteria. Separately, ASIC initiated civil penalty proceedings in the Federal Court against Active Super in August, accusing the super fund ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... total expense ratio for superannuation fees, the total fees paid to funds have risen by 3%, amounting to $32 billion. Separately, superannuation funds now manage approximately $3.5 trillion, up from $3.3 trillion the previous year. Interestingly, total ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... also delighted that Australian Unity members and staff will continue to enjoy access to this growing advice network." Separately, Australian Unity Healthcare Property Trust (AUHPT) has announced the successful completion of its first issuance of senior ...

Praemium partners for adviser insights

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... real-world industry solutions. "We are eager to work together to drive meaningful change and help our industry thrive." Separately, last week Praemium also partnered with fintech provider Complii in a bid to provide local capital markets participants ...