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Showing 31 - 40 of 73 results for "managed discretionary accounts"

Platform hints at aggressive expansion

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... together Xplore's four businesses - the platform, responsible superannuation entity (RSE), managed discretionary accounts and DIY super administration. "The two acquisitions we made last year, Aracon Superannuation and DIY Master have been with the ...

Dealer group awards investment mandate

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
... Laguna Beach and distributed here by Contango. The mandate will sit in Lifespan's $400 million managed discretionary accounts (MDA), which uses about 20 external managers to create funds with five risk profiles for its advice clients. The external ...

BT Financial Group enlists research provider

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... March 2019. The growth has prompted increased scrutiny from regulators, with an ASIC review of managed discretionary accounts imminent. It has also prompted some in the industry to warn that potential conflicts of interest exist in managed accounts ...

Results of ASIC MDA review imminent

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 SEP 2019
... released its submission to ASIC as the regulator reviews managed accounts, with a special focus on managed discretionary accounts (MDAs). This comes ahead of the results of ASIC's review of MDAs being released, IMAP chair Toby Potter said he did not ...

Expert hopeful ASIC understands MDA benefits

HARRISON WORLEY  |  THURSDAY, 12 SEP 2019
The future of managed discretionary accounts and the role of ASIC in shaping that future emerged as a point of discussion during a panel session at Financial Standard's recent Managed Account Forum. Asking Philo Capital Advisers chief executive ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... entire business at risk." Financial Standard recently questioned ASIC about its work in regulating managed discretionary accounts (MDAs). The regulator said it is reviewing MDAs and as part of that review has demanded certain information from platforms ...

ASIC to crack down on platform fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 AUG 2019
... director Thomas Bignill explained that Mason Stevens has been part of an ASIC questionnaire regarding managed discretionary accounts (MDAs). Bignill said: "I think ASIC is doing a good job with working through the limits of MDAs and trying to improve ...

ASIC approves AMP for MDAs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
ASIC granted AMP Financial Planning approval to deal in managed discretionary accounts. ASIC said it imposed additional license conditions on AMP Financial Planning as a result of approving AMPFP's application to vary its license to provide MDAs. ...

Investors stick with managed accounts despite volatility

HARRISON WORLEY  |  THURSDAY, 14 MAR 2019
... their clients." Total funds within managed account structures now stands at $62.12 billion, with managed discretionary accounts taking up the bulk of FUM at $26.52 billion, despite decreasing by around $820 million over the second half of 2018.

ASIC sharpens focus on managed accounts

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... 2018-22 Corporate Plan, the corporate regulator announced a new project reviewing the practices of managed discretionary accounts (MDAs) and platforms to identify issues affecting consumer outcomes. This includes looking at transparency and conflicts ...