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

Search Results

Showing 261 - 270 of 396 results for "FUA"

Commonwealth Bank profits boosted by investment performance

MARK SMITH  |  WEDNESDAY, 14 MAY 2014
... completion of previously announced property transactions resulted in an $11 billion reduction in funds under administration (FUA) with a further $4 billion to follow in the fourth quarter. Commonwealth Bank benefitted from combined platform net flows ...

Fiducian acquisition adds $66 million in FUA

LAURA MILLAN  |  WEDNESDAY, 7 MAY 2014
Fiducian Group has acquired a financial planning business that will add $66 million to its funds under advice. The listed company did not disclose the names of financial planners or dealer groups joining or selling their businesses to Fiducian. The ...

Managed accounts take-up jump 63%: survey

STAFF WRITER  |  TUESDAY, 6 MAY 2014
... advisers, up from almost one-third of all advisers five years ago. These advisers also represent almost half of total adviser FUA based on Rainmaker data. Leading the league tables are Praemium and AMP Personal Portfolio Service, which together account ...

BT Financial Group posts 21% profit rise

MARK SMITH  |  MONDAY, 5 MAY 2014
... on their clients' objectives." The group's funds under management (FUM) were up 25% in the period and funds under advice (FUA) were up 12%. The number of retail customers in its flagship Super for Life product were also up 24% on the same time last year ...

AMP migrates extra $14bn to North platform

JAMES FERNYHOUGH  |  MONDAY, 3 MAR 2014
... 131,000 customers, in what DST called "one of the biggest consolidations in the platform industry." This brings the overall FUA on the North platform to $24 billion. "Advisors are now able to access all retail platform products from a single platform ...

IOOF reports growth across the board

JAMES FERNYHOUGH  |  TUESDAY, 25 FEB 2014
... investment management segment saw FUM growth of 8 %, hitting $30.6 billion. The advice segment saw comparable growth, hitting FUA of $31 billion. IOOF managing director Chris Kelaher said he was "very happy" with the results, adding: "Having coming through ...

CBA posts $4.27bn half year profit

AAP & ALICE URIBE  |  WEDNESDAY, 12 FEB 2014
... strong growth in the wealth management division. The group's wealth management earnings as average funds under administration (FUA) grew by 22% and 89% of funds performed above benchmark. For the half year to 31 December 2013, the wealth management division ...

BT's stranglehold on platforms weakens

JAMES FERNYHOUGH  |  MONDAY, 4 NOV 2013

Platforms hit $445bn record

ALEX DUNNIN  |  WEDNESDAY, 25 SEP 2013
... However, the number of advisers decreased 389 through the year to 17,886, the lowest number in nearly five years. Adviser FUA also fell 2.2% over the year to $494 billion which is the lowest level in four years. Rainmaker attributed the falls in adviser ...

AMP's Hillross grows network with 'relaxed' branding

JAMES FERNYHOUGH  |  FRIDAY, 20 SEP 2013