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Showing 421 - 430 of 621 results for "Discretionary"

ASIC drops planned MDA changes

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
Planned changes to the regulation of managed discretionary accounts (MDAs) will not go ahead, the Australian Securities and Investments Commission (ASIC) has announced. In a consultation paper released in March last year, ASIC put forward a lengthy ...

GPS Wealth launches a new MDA

HARRY PAGE  |  THURSDAY, 27 FEB 2014
Independently-owned dealer group GPS Wealth (GPS) has introduced a Managed Discretionary Account (MDA) which it said would cut investment fees in half. GPS also said it would transition away from wrap platforms and master trusts. According to GPS Wealth ...

ASIC accepts EU from forex broker over prohibited IMA

STAFF WRITER  |  TUESDAY, 25 FEB 2014
... and October 2011, Forex FS offered an account known as an individually managed account (IMA) which was a managed discretionary account (MDA). Forex FS's Australian financial services (AFS) licence prohibits it from offering a MDA service to retail clients ...

Federation added to Australian Unity platform

HARRY PAGE  |  FRIDAY, 14 FEB 2014
... investment management process for their clients," Davis said. The Federation account will operate like a managed discretionary account (MDA), but without requiring any variation to the advice licence or additional compliance requirements are usually ...

Market Wrap

AAP  |  WEDNESDAY, 5 FEB 2014
... 2 per cent due to the yen falling overnight. He said cyclical stocks such as materials, industrials and consumer discretionary sectors were outperforming consumer staples and healthcare in early trade. The mining giants all opened stronger. At 1025 AEDT ...

Market Wrap

AAP  |  FRIDAY, 17 JAN 2014
... earnings results from Citigroup and Goldman Sachs weighed on the market. But, he said, while financial, consumer discretionary, health care and industrial stocks were all lower, there had been strong gains in resources companies. "There's an interesting ...

UBS Australia to launch family office service

MARK SMITH  |  FRIDAY, 8 NOV 2013
... clients across regions, divisions and asset classes. The GFO will offer a range of products and services, including discretionary and advisory portfolio construction advice, philanthropic advice and execution across equities, fixed income, cash and alternative ...

SMSFs missing out on overseas performance

MARK SMITH  |  THURSDAY, 19 SEP 2013

Super likely to fall under Treasury

LAURA MILLAN  |  TUESDAY, 17 SEP 2013
... innovative policies to support the greater financial wellbeing of Australians and those entrusted to maximise their discretionary and retirement outcomes." "We support the inclusion of financial services as part of the Treasurer's portfolio and welcome ...

MDAs key to proving value of advice

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
Managed discretionary accounts (MDA) could be a key area for financial planners wanting to add value to their service offerings in the post-FoFA world, according to Brett Sanders, joint chief executive of Philo Capital Advisers. Sanders said that the ...