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

Search Results

Showing 31 - 40 of 529 results for %22Advance funds%22

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... and competitive sales process, Westpac is going to keep hold of its platforms business, which holds about $131 billion in funds under administration. "Westpac will retain and continue to invest in the business, including the development of features to ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
Advance Asset Management funds will no longer be available to direct retail investors following a rather significant change to the eligibility criteria for investment. Currently, Advance AM funds have a minimum investment of $5000 and are available ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... years. In providing further details, assistant treasurer and minister for financial services Stephen Jones will mandate super funds that send notification letters to members of failing Choice products to adjust for flag cost considerations. Trustees ...

Fractional farmland investing platform launches

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... carbon or biodiversity credits that may be earned by the land under fractionation," he said. "We've gone live now, in advance of that predicted supply coming on board, to give potential buyers and sellers the opportunity to understand how the platform ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... and account-based pensions, it is also serves as a conduit for financial advisers to develop retirement strategies in advance of a client's retirement. It has recently partnered with Link Group to make AGILE available to its super fund clients.

Mercer scoops up third BT business unit

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... releasing the group's half year to March 2023 results. The successor funds transfer of BT Superannuation and takeover of Advance Asset Management, which finalised in March and April respectively, gained about $350 million for the group. Funds under ...

Dexus buys more of Royal Adelaide Hospital

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
Three funds managed by Dexus have taken a combined 30.58% stake in the Royal Adelaide Hospital Public Private Partnership (PPP). The funds include the Dexus Community Infrastructure Fund1 (CommIF), the Dexus Healthcare Property Fund (DHPF) and the AMP ...

US platform bids for Yieldbroker

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... efficient fixed income markets. This acquisition would provide Yieldbroker's domestic client network, including superannuation funds, with access to Tradeweb's global multi-asset platform, deep liquidity and advanced technology," Tradeweb said. "Conversely ...

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... accounts held with Diverse Capital Management that were home to deposits from those same clients. Gordon had told clients to advance unsecured loans to Diverse to undertake property development. At least $1.4 million was loaned by about 10 clients, ASIC ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... deliver for members. Several BT options were also slapped with a red rating - Pendal Growth Shares, BT Super For Life Advance Higher Growth, BT Super For Life Advanced Balanced and BT Super For Life Advance Higher Growth - were among the worst performers. ...