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

Search Results

Showing 421 - 430 of 985 results for "Managed Accounts"

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 ...

New distribution head for listed platform

ELIZABETH MCARTHUR  |  MONDAY, 12 AUG 2019
... was a key member of the highly regarded Vanguard Investments team and led the launch of Vanguard Diversified Managed Accounts.

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... manager of BT Financial Advice, who was grilled at Royal Commission hearings last year, will lead an ASX-listed managed accounts provider for a $500,000 base salary. Michael Wright will join Xplore Wealth (formerly Managed Accounts Holdings) effective ...

Imminent launch for start-up super fund

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
... ETFs and direct shares. The fund also offers life insurance that members can cancel any time. Operating within a managed accounts solution provides transparent and competitive fees, as well as help members calculate and pay individual taxes, Hall added. ...

Patersons launches first SMAs

ELIZABETH MCARTHUR  |  THURSDAY, 1 AUG 2019
... and Australian Income Portfolio. The SMAs are positioned as a lower cost investment option than most advised managed accounts offerings. "We see the two models that we've launched as being a very good low-cost alternative for small balance clients ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
Managed accounts have reached a growth milestone, now making up 29% of the investment market in Australia. Managed accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds ...

Advice software firm appoints sales lead

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
... of successful product launches over many years with cash, superannuation, annuities, and more recently in the managed accounts space, for institutions including Macquarie Bank and Challenger. "He will bring a great understanding of different styles of ...

Sam Henderson cops ASIC ban

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... financial advice provided. The regulator said this breach occurred in 2013 when Henderson was an investor in Managed Accounts Holdings (now Xplore Wealth), when a subsidiary of the company provided managed discretionary account services to Henderson ...