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

Search Results

Showing 41 - 50 of 6464 results for "Wrap"

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... group executive for platforms Edwina Maloney said the performance test as it applies to investment products on superannuation wrap platforms "is fundamentally flawed and urgently requires reform." "The test covers just 3% of the platform market, causing ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
Treasurer Jim Chalmers has wrapped up the three-day Economic Reform Roundtable, announcing a range of reforms the government will focus on. Speaking at a press conference after the event, Chalmers said the government will look to make changes to the ...

Grattan calls for large scale tax reform

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
The Grattan Institute chief executive Aruna Sathanapally called for tax reform when presenting at the three-day Economic Reform Roundtable. "A good tax system raises the revenue to fund quality public services. A better tax system does that more efficiently ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... our Master Trust Technology and Operations functions, including nearly 1300 people, to SS&C." Hartley also highlighted the Wrap business, including MLC Expand, exceeding $100 billion of FUA at the end of FY25, the launch of MLC Retirement Boost, and ...

MLC Expand adds general manager

JAMIE WILLIAMSON  |  WEDNESDAY, 20 AUG 2025
... experience. Joining from HUB24, Heidi Press will be responsible for the design and delivery of the next iteration of the MLC Expand wrap platform. She brings more than 20 years' experience to the platform and was most recently head of product management ...

MLC adds term deposits, ETFs to Expand

MATTHEW WAI  |  FRIDAY, 8 AUG 2025
... Essential, offering greater flexibility and choice. It also makes MLC Expand the only provider to offer ETFs on their low-cost wrap platform, MLC said. The new investment options include term deposits from ANZ and NAB, and ETFs from Betashares, iShares ...

One third of advisers use 'Big 3' platforms: Rainmaker

KARREN VERGARA  |  THURSDAY, 24 JUL 2025
... states. Among aligned financial advisers, BT Panorama has a 12.2% market share while Insignia's Expand has 9.8%. Macquarie Wrap and Perpetual's WealthFocus are close behind with 9.7% and 9% respectively. For non-aligned financial advisers, BT ...

Private debt leads fixed income returns: Research

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
The Morningstar Fixed Income Sector Wrap found the fixed income sector has seen a robust 12 months across the board. Morningstar's qualitative research assessments currently cover 79 fixed-income strategies available to Australian investors. "It was ...

Insignia accepts CC Capital bid

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
... Funds under management and administration (FUMA) increased by $8.5 billion, or 2.6%, to $330.3 billion as at 30 June 2025. Wrap FUA exceeded $100 billion at quarter end, supported by accelerating growth in MLC Expand. Total net inflow for the quarter ...

Elston expands institutional reach

ELIZABETH FRY  |  THURSDAY, 17 JUL 2025
... advisers nationally, providing managed account and unitised investment solutions across eight of Australia's leading wrap platforms.