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Search ResultsShowing 61 - 70 of 100+ results for "MDA"
ANZ wealth sale marks end of an advice era
ALEX BURKE  |  FRIDAY, 4 NOV 2016
... practice with full client engagement and ownership - a natural candidate for an integrated managed discretionary account (MDA) solution." All of these options present challenges for established advice businesses, but Harding-Davis believes that once ...
Client needs to drive transitioning businesses
JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
... understand the needs of their clients in order to identify the best means of achieving business sustainability in light of recent MDA class order revisions, according to Mason Stevens. The managed accounts provider welcomed the reforms made by ASIC last ...
MDAs overhauled by new regulations
JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
... removal of the regulated platform no-action letter. Providers offering MDAs under the provision are now required to obtain an MDA specific operation licence by 1 October 2018. In obtaining the authorisation, the regulator has indicated it will give consideration ...
Managed accounts market likely bigger than thought
JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2016
... higher. "Managed Accounts have been growing rapidly," said Toby Potter, Chair of IMAP. "However, because they can be SMAs, or MDA's or various other legal structures, it's been hard to be sure just how much is managed in this way." Speaking to Financial ...
Report outlines impact of MDA operation reforms
JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
MDA operator Managed Accounts Holdings (MGP) has released a white paper detailing the potential consequences of pending regulatory reform to the operation of managed accounts. The report, entitled 'The limited discretion clock is ticking', highlights ...
Former Calastone MD launches fintech solution
KERRIE SYDEE  |  THURSDAY, 28 JUL 2016
... solution for managed accounts and direct portfolios delivered under the Statement of Advice model and software for external MDA operators looking to improve efficiency. MA Operator is designed to lower costs and administration time for advisers by combining ...
Fortnum super members transitioned to HUB24
MARK SMITH  |  THURSDAY, 9 JUN 2016
... to HUB24 in due course. The superannuation transfer followed the transition of the e-Clipse Managed Discretionary Account (MDA) service, from March. HUB24 managing director Andrew Alcock said: "We're really pleased we've been able to launch the Fortnum ...
Knight Financial Advisors unveils new MDA service
MARK SMITH  |  WEDNESDAY, 25 MAY 2016
Self-licensed advisory firm Knight Financial Advisors has launched a new managed discretionary account (MDA) service built in partnership with listed managed account operator Managed Accounts Holdings (MGP). The service replaces the licensee's proprietary ...
Cumulus practices dumping wraps for MDAs
ALEX BURKE  |  WEDNESDAY, 9 DEC 2015
... and Renouf & Partners Financial Planning - are planning to collectively transition $500 million in funds under advice to MDA services offered by Managed Accounts Holdings (MGP). As a result of this, MGP funds under administration (also known as managedaccounts.com.au) ...
Managed accounts usage to grow 38%
LAURA MILLAN  |  FRIDAY, 30 OCT 2015
... said. The managed accounts provider said that an additional 10 boutique licensees are in the process of launching the firm's MDA Service over the coming months. This lifts the number of licensees using it by 38%. A further three licensees with over $400 ...
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