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

Search Results

Showing 3291 - 3300 of 9818 results for "Advisers"

State Street ETF in franking credit kerfuffle

KANIKA SOOD  |  THURSDAY, 15 AUG 2019
Investors and financial advisers were left confused when the almost $4 billion SPDR S&P/ASX 200 Fund (ASX: STW) failed to pay out any franking credits with June's year-end distribution for the first time in its 18-year-long history. State Street paid ...

What is holding Aussie robo advisers back?

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
Higher base fees, more complex fee structures and fewer investment options could be holding Australian robo advisers back from reaching the scale their American counterparts have, according to new research from Rainmaker. Australia has six main companies ...

Risk advisory firms merge

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2019
... protection, while MBS focuses on personal and business risk protection. The combined entity will have 18 authorised financial advisers and 40 administrative staff members. The two firms will initially operate under their own brands until a new corporate ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
... of the Royal Commission, ASIC has been collecting information from platforms on the fees they charge and the financial advisers using them. In a letter obtained by Financial Standard, ASIC requested the names of every retail client who had an ongoing ...

NEOS Life partners with insurance tech firm

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2019
... straight-through-processing capability from day one. "Feedback from the launch of the adviser portal to our founding group of advisers has been very positive. I can definitely say our decision to select and base our proposition on the Ebix OneOffice ...

AFA names education award finalists

KRISTI CHENG  |  WEDNESDAY, 14 AUG 2019
The Association of Financial Advisers has named the 2019 finalists for its AFA Excellence in Education Award. In its 12th year now, the award recognises "the transformative power of education in advice" and rewards advisers who are "striving for excellence ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... remuneration by proceeding without appointing a broker syndicate or paying any fees or commissions to any brokers or advisers to handle the offer," MFG chair and chief investment officer Hamish Douglass said in ASX filings. "Instead, Magellan is offering ...

Zurich inks exclusive retail distribution deal

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... Zurich to look after its retail distribution in Australia including relationships with platforms, research houses and advisers. Celeste managed $592 million at end of last financial year but is currently down to $75 million after losing a large super ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... a result of launching the Virtual Managed Account Administration Service nearly two years ago, a service which helps advisers manage clients' off-platform assets directly with the ASX via an HIN-based structure. The rapid rise in FUA further breaks ...

Fidante loses $3.9bn of super fund assets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... annuity sales dipping by 4% year on year to $3.3 billion, this business remains resilient as sales by independent financial advisers jumped 26%, Howes said. The overseas life business dragged annuity sales thanks to MS Primary sales in Japan, which were ...