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Showing 11 - 20 of 80 results for "IDPS"

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... result for the September quarter. "We are well placed for further growth with the launch of Spectrum, our next generation IDPS. Every service, and virtually every growth metric has improved from the previous quarter," Wamsteker said. "The strong growth ...

Praemium revenue grows to $85m

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... set us up for long-term success." In addition, Wamsteker said the company was on the cusp of launching its next generation IDPS with a launch set for October this year. "We have listened to our stakeholders and deployed our best operational, technology ...

AMP North launches new tool

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... "Together with North's newly launched 'Recontribution Wizard', advisers on North can now transfer from super or pension to IDPS and back to super in one workflow for eligible accounts," AMP said. This tool helps advisers manage recontributions, stay ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... completed the migration of over 1300 assets, thousands of transactions, tax parcel data and unit pricing across the group's IDPS, super wrap, and funds management offering, it said. Fiducian has some $13.1 billion in funds under management, administration ...

Centrepoint Alliance targets further growth with new platform

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
Centrepoint Alliance is working to launch a new, "competitively priced" IDPS and superannuation platform, a strategic initiative outlined as it posts $140.5 million in gross revenues for 1H24 and $4.9 million in profits. Centrepoint said it has partnered ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... continued highlighting Praemium's strategic measures, including the development of its Investor Directed Portfolio Services (IDPS) set for a 2024 launch, and operational transformation review that's expected to yield cost savings. Praemium expects ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... only be available to those who satisfy the definition of a wholesale investor or who access the funds through a platform or IDPS. Existing direct investors will be able to continue making additional investments in the funds, however no applications for ...

ASIC revisits IDPS sunsetting orders

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
ASIC is seeking feedback from the investment management sector as it reviews investor directed portfolio services (IDPS) and IDPS-like schemes, with a focus on remaking sunsetting class orders. ASIC has released Consultation Paper 369 (CP369) Remaking ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... those who do not. Other sub-sectors would be combined in the super trustees, responsible entities, wholesale trustees and IDPS sub-sectors, market infrastructure and intermediaries sector, and credit providers and intermediaries sub-sector as well. The ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
... make up 52% of the managed accounts market, as at 2021 end. Managed discretionary accounts make up 40% of FUA while other IDPS wrap investment schemes hold 8%. "SMAs are taking over from MDAs because they are easier for financial advisers to offer to ...