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

Search Results

Showing 4081 - 4090 of 18263 results for "Plan"

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
NAB posted a 37% loss in revenue while MLC Wealth was down around $100 million in divisional cash earnings from last year, though IOOF said the result is broadly in line with its expectations. IOOF is set to acquire 100% of MLC Wealth from NAB for $1.4 ...

Bendigo closes SmartOptions Super

KARREN VERGARA  |  THURSDAY, 5 NOV 2020
... Adelaide Bank has closed its SmartOptions product due to a lack of demand. Bendigo SmartOptions Super (formerly Bendigo Super Plan), which closed on September 26, was established more than 20 years ago. It closed to new members from July 2019. Justin ...

BetaShares tinkers with ETF lineup

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
The issuer with highest number of products is closing five ETFs, and raising fees for its diversified ETFs as it adds an ethical focus. BetaShares currently offers 58 exchange-traded funds via the ASX. On December 8, it will trim this lineup by five ...

More good news for Xplore

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... the original research and development claim made by Margaret Street Financial. On October 28, HUB24 revealed a $60 million plan to acquire Xplore through a scheme of arrangement will be funded by a combination of cash and HUB24 scrip consideration valuing ...

AMP extends life insurance APL

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
AMP has updated its approved product list (APL), allowing aligned financial advisers to recommend an enhanced suite of insurers. The new APL includes AIA, BT, MetLife, OnePath/Zurich and TAL. BT and MetLife are the two new additions. And, for the first ...

IFM bets on SaaS

ELIZA BAVIN  |  WEDNESDAY, 4 NOV 2020
... and a single client mandate to invest in mid-market growth companies. The team made its first investment in July 2019 in My Plan Manager, a provider of plan management services to clients in the National Disability Insurance Scheme. IFM chief executive ...

Dorsey holds reigns at Twitter

ELIZA BAVIN  |  WEDNESDAY, 4 NOV 2020
... build on the board's regular evaluation of Twitter's leadership and board structure, evaluate the chief executive succession plan, and make recommendations consistent with corporate governance best practices with respect to the elimination of Twitter's ...

The platforms with the most advisers

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Colonial FirstChoice remains the platform used by the most advisers, with about 11% market share, according to latest Rainmaker estimates. CBA's platform is used by 9835 advisers and 1085 Australian financial services licence. It is followed by ...

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
MLC Life Insurance, Challenger and TAL were big winners at this year's Plan For Life insurance awards, recognised for their innovative products and offerings. For health and wellness initiatives, MLC Life won four categories: the Overall Health ...

BT changes adviser fee structure

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
BT Index Funds will be ceasing ongoing adviser fees (OAFs) and introducing a new feature to facilitate one-off advice fees. BT said from 1 December 2020 it will introduce a new feature that will allow investors and their financial advisers to agree ...