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Showing 311 - 320 of 690 results for "Legacy"

Super fund overhauls performance on red rating

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
... invest," he said. Mitchell went on to say that the restructure is better aligned with member outcomes. "It's part of a legacy situation in that the philosophy going back was very much about guarding and protecting capital. It was designed to try ...

AZ NGA makes acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
... are committed to growing their business, returning value to all stakeholders including clients and staff, and creating a legacy for the next generation."

New research head at Centrepoint Alliance

KANIKA SOOD  |  TUESDAY, 8 SEP 2020
... revenue (up 11%). The average authorised representative fee of $19,000 increased to an average of $36,000, which offsets legacy rebate revenue decline ($3.3 million). It also flagged appetite for inorganic opportunities.

Market rebound leaves behind active managers

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... underlying financial trends bring into sharp focus the growing gap between asset managers that are willing to challenge their legacy businesses and those hoping higher market levels will bail them out of current difficulties," Walters said. Further analysis ...

COVID-19 propels advisers, incumbents into the future

ALLY SELBY  |  MONDAY, 31 AUG 2020
... that fintechs are a strategic partnership opportunity for incumbents. "They can facilitate incumbent transformation from legacy environments, while also enhancing customer and adviser value propositions," Axell said. "Bringing corporates and start-ups ...

Dealer group eyes aggressive expansion

ELIZABETH MCARTHUR  |  THURSDAY, 20 AUG 2020
... last financial year its average authorised representative fee of $19,000 increased to an average of $36,000 which offsets legacy rebate revenue decline. Rebate revenue was down $3.3 million due to runoff of grandfathered rebates and prior year commission ...

Industry veterans launch dealer group

ALLY SELBY  |  MONDAY, 17 AUG 2020
... they argue they are already leaps and bounds ahead of most of the competition. "Part of that reason is that they are just legacy businesses using legacy systems, whereas we have kicked off on July 1 with some shiny new toys that we can take to market ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... an expansion of functional currency election to certain trusts and partnerships. The FSC also recommended an overhaul of legacy technology systems, urging the government to establish a rationalisation framework to encourage financial services companies ...

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 ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... result of this plan and the investment of Bain Capital we are going to be in a much stronger position to continue that legacy," Scurrah added. Virgin Australia went into administration on April 21. While Virgin has entered a binding sale agreement for ...