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Showing 21 - 30 of 75 results for "Cash account"

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
Netwealth will charge fund managers $2000 for each fee rebate arrangement, saying its costs of administering them have gone up. The platform business allows fund managers to offer fee discounts to financial advisers, licensees or managed accounts providers ...

Vanguard launches SMSF functionality

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... trade (whichever amount is greater will be charged). SMSFs will also have access to an interest earning Vanguard cash account. "As a global fund manager with a deeply rooted commitment to advocating for the end investor, Vanguard Personal Investor represents ...

CBA sells CommSec Adviser Services

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 APR 2020
... services," CBA executive general manager of CommSec Richard Burns said. The AUSIEX divestment excludes the Accelerator Cash Account and investment lending products which are offered under the CBA banking licence, and will continue to be offered by CBA. ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
Despite global markets crashing in March, HUB24 continued to experience strong net inflows in the quarter of $1.4 billion, with gross inflows of $1.8 billion. The specialist platform said these inflows had been driven by support from its large national ...

Vanguard launches simplified investment platform

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... provides investors with access to a "wide range" of managed funds and ETFs, Australian shares, and an integrated cash account. Vanguard Australia managing director Frank Kolimago said the new website and offer represents an "important step" toward provision ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... First State told Financial Standard members of its FirstWrap platform receive the RBA rate. "Currently the pooled cash account on FirstWrap is paying interest at the RBA cash rate," she said. "In line with the RBA announcements, the rate offered on the ...

Xplore Wealth outlines 2020 plans

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... identification numbers, which will provide advisers with a "fully integrated" product from trade to settlement, with a linked cash account for dividends and advice fees. Xplore has also teased three new offers for the calendar year, including international ...

HUB24 launches white label SMA

KARREN VERGARA  |  TUESDAY, 16 JUL 2019
... stood at $12.9 billion as at FY19, up 54.3% year on year. HUB24 recently slammed a media report that claimed its cash account holders will be worse off following the recent interest rate cuts.

Former financial adviser jailed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... When Madison reported the misconduct to Stevenson, she was told that the only investment in her SMSF was a Macquarie cash account with a balance of $63.66. A spokesperson for Madison Financial Group said: "As confirmed by ASIC, Mr Gibbs' behaviour was ...

HUB24 defends cash accounts

KARREN VERGARA  |  THURSDAY, 4 JUL 2019
HUB24 has slammed a media report that claims its cash account holders will be worse off following the recent interest rate cuts. HUB24 called for a trading halt in light of an article written in the Australian Financial Review published on July 3, claiming ...