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Showing 2911 - 2920 of 7014 results for "Platform"

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
Commonwealth Bank's overall remediation and compliance costs have hit $2.2 billion, dragging its full-year June 2019 results. A large chunk ($806m) of the bank's customer remediation bill will go towards implementing regulatory and compliance ...

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... Viridian Advisory. The exact terms of Wright's departure from BTFG have not yet been made public. Xplore Wealth offers platform, administration and technology solutions for about $13.5 billion in funds from stockbrokers, wealth managers and financial ...

Fintech off to slow start in 2019: KPMG

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
Following record investments in 2018, Australia's fintech sector saw a subdued investment trend in the first half of this year. The number of fintech deals and total global investment in fintech dropped in 1H19, a result due primarily to the lack of ...

Adviser stole $200k from SMSFs

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
The Australian Securities and Investments Commission (ASIC) permanently banned a former financial adviser who stole more than $200,000 from client self-managed superannuation funds. Robert Michael of Bentleigh, Victoria has been permanently banned from ...

Woodford suspension extended again

ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
... suspension extension is still aimed at giving Woodford enough time to address the fund's liquidity issues. Link is waiving the platform charge while the fund is suspended, but Woodford is still charging management fees. Neil Woodford, who famously offered ...

Xplore continues hunt for chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
ASX-listed platform provider Xplore Wealth released its quarterly update, confirming the appointment of a new chief executive is still pending. David Heather stepped down in February on "mutual terms" after four years in the top job. Since then, former ...

Patersons launches first SMAs

ELIZABETH MCARTHUR  |  THURSDAY, 1 AUG 2019
... previously been run by Patersons as in-house model portfolios. It is the first time Patersons has launched SMAs through a platform for clients to invest in as an SMA. Patersons director of wealth management Matthew Wigzell explained to Financial Standard ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds under administration in trusts, wraps and selected managed accounts platforms increased 3% over the period - reaching ...

Advice software firm appoints sales lead

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
... business development manager, in a new role created in response to "growing demand for a low cost, unconflicted, adviser platform alternative". Anderson joins from Stanford Brown which he joined as a business development manager in October last year. ...

Iress announces changes to Xplan

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... popular Xplan offering which should improve functionality for thousands of advisers. The changes to the advice software platform will be released on Friday. Iress says these changes followed a year of user input and testing globally as part of its co-design ...