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

Search Results

Showing 41 - 50 of 83 results for "vertical integration"

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... WAM laid out three examples of this: banks are already divesting their wealth business to move away from vertical integration; they are lending responsibly and as an example, approving loans at 20-30% less than what a customer asks to borrow; and macro ...

Managed accounts forum to address vertical integration, best practice

STAFF WRITER  |  FRIDAY, 24 AUG 2018
Leading managed account providers and financial planning groups will take centre stage at the annual Financial Standard Managed Accounts Forum to be held in Melbourne next month. More than 160 financial advisers and managed account specialists have ...

HUB24 lifts targets

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... major banks exiting wealth, pressure being applied to grandfathered commission structures and traditional vertical integration models." HUB24's market share of the net industry FUA was between 1% to 0.90% as of March 2018. At the same time, it has about ...

Fiducian continues growth trajectory

JAMIE WILLIAMSON  |  FRIDAY, 17 AUG 2018
... should be business as usual as we provide the highest level of integrity to our clients," the group said. On vertical integration, Fiducian said: "Fiducian's vertically integrated business model has controls in place to manage inherent conflicts of interest ...

Mainstream enters SMA market

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... solution will be the first pillar in digital market entry strategy to meet adviser demand for independent vertical integration of fund access, custody and clearing services. "For advisers with cost, independence or functionality concerns about their ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... report directly to the board and an obligation to report to ASIC where advice is ignored. The PC also examined vertical integration in wealth management and concluded there were no major issues other than its effect on competition remains mixed. "Where ...

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... administration and insurance - as opposed to third-party providers. Early this year, ASIC handed down its landmark vertical integration report, which found that some trustees and their financial advisers were pushing in-house products at a higher proportion ...

Macquarie expands healthcare investment

DARREN SNYDER  |  FRIDAY, 1 JUN 2018
... dramatically due to several sector tailwinds including technology disruption, innovative new business models, vertical integration, regulatory and reimbursement changes, consumerism in healthcare and favorable demographics. Crowell will work to capitalise ...

Vertical integration needs overhaul: Poll

KANIKA SOOD  |  MONDAY, 14 MAY 2018
... Standard readers are of the opinion these model need a revamp. Starting May 7, we asked our readers: "Should vertical integration be re-modelled in financial institutions." The majority (39%) came out strongly in favor of a remodeling while the cohort ...

ASIC and FPA submit recommendations to RC

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
... manufacturers working for the same organisation, had been ineffective in many instances. FPA added that while vertical integration may provide some benefits, they are largely "outweighed by the risks and costs to consumers of biased advice." As such ...