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Showing 381 - 390 of 952 results for "Managed Accounts"

FASEA ethics pose risk to managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
The Institute of Managed Accounts Professionals (IMAP) has made a submission to the Financial Adviser Standards and Ethics Authority, questioning its consideration of conflicts of interest in the Code of Ethics. IMAP said Standard 3 in the FASEA Code ...

Expert hopeful ASIC understands MDA benefits

HARRISON WORLEY  |  THURSDAY, 12 SEP 2019
... recent regulatory attention. In response, Sanders pointed out he couldn't speak for ASIC, and advised the managed accounts sector to sit tight while the corporate regulator compiled a discussion paper based on the questionnaire which hit the desks ...

Suitability of managed accounts grows

HARRISON WORLEY  |  TUESDAY, 10 SEP 2019
Managed accounts are becoming more suitable for a broader range of clients, attendees of the 2019 Financial Standard Managed Accounts Best Practice Forum have heard. Speaking at Financial Standard 's Managed Accounts Best Practice Forum in Sydney this ...

Zurich launches new SMA

KRISTI CHENG  |  MONDAY, 9 SEP 2019
... entering the market who are looking for easier ways to manage investment options for their clients," he said. "Using managed accounts in portfolio construction enables advisers to stay ahead of clients' changing needs and expectations and create personalised ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
Managed accounts have the potential to create significant conflicts of interest and conflicted remuneration for advisers. According to Rainmaker data, 29% of the investment platform market in Australia is in managed accounts already and that number ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
... earn higher transaction and ancillary fee income as these clients desire higher functionality." Netwealth's managed accounts FUM reached $2.8 billion, up 50.4% year on year. It declared a fully franked final dividend of 6.6 cents per share.

New super fund tests waters

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... superannuation fund designed for women. FairVine is a sub-plan of Aracon Superannuation Fund, which was acquired by Managed Accounts Holdings - now Xplore Wealth - late last year.

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
... he believes the regulator is looking at the different business models that exist on platforms when it comes to managed accounts offerings and trying to decipher what works best - and possibly create some enforced consistency. Sharp thinks ASIC is particularly ...

Zurich inks exclusive retail distribution deal

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... existing unlisted trust structure for now but we are clearly interested in other vehicles such as SMAs [separately managed accounts] and exchange traded funds in the future, not just for Celeste but all our strategies," Zurich's head of savings and ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service. The ASX-listed platform's FUA shot up 108% in FY19 as a result of launching the Virtual Managed Account Administration ...