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Showing 271 - 280 of 396 results for "FUA"

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
The platform market has broken funds under advice (FUA) records in the March quarter, after plunging during the global financial crisis (GFC). An uptick in investor confidence and an increase in adviser productivity could be behind the growth of the ...

Retirement platforms to become the new battleground

JAMES FERNYHOUGH  |  MONDAY, 27 MAY 2013
... The personal platform market is currently the major battleground for retail super funds, with funds under administration (FUA) of $125 billion in 2012. That compared to FUA of $96 billion in the retirement segment. However, with an ageing population ...

Paragem FUA reaches $1.9bn after new mergers

LAURA MILLAN  |  FRIDAY, 24 MAY 2013
Paragem Australian Financial Services Licence (AFSL)'s funds under advice (FUA) has reached $1.9 billion after three practices joined the group between May and June 2013. The practices are all fee-based and look after more than $280 million FUA, which ...

'Product agnostic' netwealth announces record growth

JAMES FERNYHOUGH  |  THURSDAY, 16 MAY 2013

Platforms press on in advice battleground

ALICE URIBE  |  TUESDAY, 9 APR 2013
... chunk of the market. Reinforcing Investment Trends data, Rainmaker research estimates that 62% of adviser funds under advice (FUA) was placed through platforms. Based on research surveys, Rainmaker estimated that total adviser FUA is $504 billion, compared ...

Admin costs rise four-fold off-platform: research

ALICE URIBE  |  THURSDAY, 28 MAR 2013
... practices. One was an on-platform practice, located in metropolitan Sydney with a client base of 4,000 and funds under advice (FUA) of $120 million. The other was an off-platform practice in regional New South Wales with 450 clients and FUA of around ...

SFG FUA grow 8% to $11.6bn

MARK SMITH  |  THURSDAY, 28 FEB 2013
SFG Australia has reported solid earnings, funds under advice (FUA) and funds under admin growth, half-year results show. Overall net earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $22.8 million, up 14% on the same period ...

Praemium captures BlackRock's SMA business

LINDA HAUSKEN  |  WEDNESDAY, 19 SEP 2012
... business into the future. Michael Ohanessian chief executive of Praemium, which is administering approximately $43 billion FUA of assets in Australia, added that this transaction marks an important milestone for the firm. "Until now our Australian business ...

FMD acquires two fin planning firms

LINDA HAUSKEN  |  THURSDAY, 30 AUG 2012
... has acquired Investwell Financial Planning and Financial Lifestyle Managers, adding over $160 million of funds under advice (FUA) to the firm. Lee Wapling chief executive of FMD said the acquisition cements the company's position as a significant ...

North to offer bank deposit rebates

LINDA HAUSKEN  |  MONDAY, 30 JUL 2012
... direct share trading, exchange traded funds and exchange traded commodities. In the past year the proportion of the platform's FUA in deposit investments has increased 5-fold to 6.9%. "The administration fee rebate will apply to all clients who take ...