Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 251 - 260 of 6471 results for "Wrap"

Geoff Lloyd to leave MLC

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... communicating and driving a strategy that gave clarity to refocus, modernise and grow. "The team has significant momentum with the wrap business back into net inflow, significantly increased client NPS [net promoter score] and reduced longstanding outflows ...

BT head of platforms departs

JAMIE WILLIAMSON  |  WEDNESDAY, 7 OCT 2020
... having joined its contact centre as a part-time employee in 2006 and worked her way up through a number of roles, including Wrap product manager and head of Panorama management and implementation. BT head of investment product solutions Rodney Greenhalgh ...

Masterfund assets decline

KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
The masterfunds sector lost $38.4 billion over the 2019-20 financial year but has almost recovered the losses instigated by the global pandemic, the latest Plan For Life data show. The sector, which comprises mutual funds on wraps, platforms and master ...

New managed portfolio on MyNorth

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
... design and build the new offer, which includes four separately partnered managed portfolios. Shaune Egan, AMP's director wrap product, said the new offer reflects AMP's ongoing commitment to establish MyNorth as the leading wrap platform in the ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... benefit from the PES acquisition," they said. "We can also see a pathway for Link to de-gear without raising equity." Since the wrap-up of the August 2020 reporting season, Credit Suisse said its order of preference for platform providers is IOOF, AMP ...

Macquarie introduces new wrap cash fee

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
Macquarie Wrap cash account holders have been hit with a cash administration fee, to be deducted from the interest accrued, which is higher than the interest rate. The changes impact users of Macquarie Wrap, which has a cash account through which all ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
... who failed to meet its obligations under a subscription agreement was not named. Last year, Spitfire acquired platform and wrap provider Wealthtrac, which at the time was used by 6000 advisers with $2 billion in funds under management, as it set its ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
Macquarie will transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June ...

AMP launches new managed portfolios

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
... passive strategies into a unique, low-cost investment, delivered simply and efficiently through MyNorth," AMP director of wrap product Shaune Egan said. "Our strategy for MyNorth is anchored to the three aspects we know advisers and clients most value ...

Advisers switch platforms amid pandemic

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... Netwealth continues to lead the platform pack, followed by HUB24 in second spot. CFS First Choice, BT Panorama and Macquarie Wrap also make the top five. In terms of advice software, AdviserLogic took out the top gong for the fifth consecutive year ...