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Showing 2451 - 2460 of 7014 results for "Platform"

Macquarie profits slide 32%

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... partially offset by sale of Macquarie Rail in the period. The banking and financial services business, which includes platform and wealth and bring in 14% of net profit, was hit by margin compression on deposits, increased credit impairment charges and ...

Connie McKeage to step back at OneVue

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... much stronger position than ever to realise the strategy we set out to achieve," OneVue's chief executive fund and platform services Richard Harris-Smith said. He will stay in the role with Iress. "The journey to get here hasn't been without ...

Ares readies second credit fund

KANIKA SOOD  |  FRIDAY, 6 NOV 2020
... loyalty units providing they don't redeem for a year. "At its core, the fund provides access to Ares' scaled credit platform, including its differentiated self-origination capabilities," head of Ares Australia Management Teiki Benveniste said. ...

Bendigo closes SmartOptions Super

KARREN VERGARA  |  THURSDAY, 5 NOV 2020
... SmartOptions members only held investments from the menu that are also available on the lower cost Bendigo SmartStart Super platform, introduced almost 10 years ago," Hoare said. "Bendigo SmartStart Super has a very low annual fee of $98, making it the ...

More good news for Xplore

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
After HUB24 announced its plans to acquire Xplore Wealth last week, the platform has had a pleasant $1.18 million windfall. Xplore has previously notified the market that AusIndustry had disallowed a $1.18 million research and development claim. The ...

The platforms with the most advisers

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Colonial FirstChoice remains the platform used by the most advisers, with about 11% market share, according to latest Rainmaker estimates. CBA's platform is used by 9835 advisers and 1085 Australian financial services licence. It is followed by ...

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Perpetual is set to lower the fees for over 40 funds on its WealthFocus platform, including internal and external products. Effective December 1, it is changing fee structures for nearly 46 funds, lowering management fees and ending normal expense recoveries. ...

BT changes adviser fee structure

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
BT Index Funds will be ceasing ongoing adviser fees (OAFs) and introducing a new feature to facilitate one-off advice fees. BT said from 1 December 2020 it will introduce a new feature that will allow investors and their financial advisers to agree ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... said. The POC will explore the funding, settlement and repayment of a tokenized syndicated loan on an Ethereum-based DLT platform for wholesale participants and the implications of 'atomic' delivery-versus-payment settlement on a DLT platform. ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
Westpac has reported a "disappointing" full year result with statutory profit down a staggering 66% as a result of the ongoing pandemic and its anti-money laundering fine. Statutory profit decreased $4.94 billion to$2.29 billion while cash earnings ...