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Showing 251 - 260 of 575 results for "Directed"

Charles Schwab reverses out of Australia again

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... re-entry to Australia came on the back of it acquiring broker-dealer optionsXpress, through which it aimed to get self-directed Aussie investors into US managed and direct offerings. It previously entered Australia in 2000 and announced its exit the ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
... superannuation products lead the market and have grown strongly, we have also experienced significant growth in our Investor Directed Portfolio Service (IDPS or Wrap account) which now represents approximately 60% of our FUA and 70% of our annual net ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
... look to recalculate multiples offered as part of longstanding buy-back agreements. Financial Standard understands AMP directed compliance staff several months ago to begin looking into historic BOLR agreements, specifically targeting those advisers with ...

Fintech off to slow start in 2019: KPMG

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
... verticals. In sectors like payments and lending, investors have a good sense of platforms that will be sustainable, and directed their investments accordingly. In Europe, fintech investment started strong despite ongoing concerns around Brexit. While ...

Consultancy launches virtual business coaching

HARRISON WORLEY  |  TUESDAY, 30 JUL 2019
... amount of time they can dedicate to working on their business, and so we've designed the Evolve Alliance as a self-directed option for advisers who can't access our coaching support directly." Viskovic said the firm had been working on the project ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... environment of growing complexity and emerging risks for APRA's regulated sectors." Of the total recommendations, the five directed to the Government will be implemented, he flagged. This includes ensuring APRA has sufficient powers to prevent inappropriate ...

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
... from providing opt-out insurance to new members aged under 25, and those with balances below $6000 unless a member has directed the super fund to do so otherwise. "This will better target default insurance cover and prevent inappropriate erosion of retirement ...

OpenMarkets launches trading platform

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
OpenMarkets Australia has launched a new trading platform targeting self-directed investors and financial advisers. OpenMarkets Equix allows investors to trade ASX-listed equities, warrants and exchange-traded products including ETFs. Equix will also ...

Restructure sees wealth firm lose chief

ELIZABETH MCARTHUR  |  FRIDAY, 14 JUN 2019
... portfolio assets where there are institutional purchasers. In the update, shareholders were told the program will be directed towards repayment of notes. Evans Dixon will be searching for a new chief executive, with the role to be based in Australia. ...

Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... the election result, reaching its highest level since pre-Global Financial Crisis highs. Core holdings for many self-directed investors and self-managed superannuation funds, the big banks made gains including Westpac adding more than 9%. Meanwhile ...