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Showing 1 - 10 of 54 results for "IDPS"

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
The corporate regulator is delaying RG97 fee and disclosure requirements for two years as a result of COVID-19. ASIC said it is pushing back the timeframe when superannuation funds and managed investment product issuers are required to update their ...

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... included a restructuring cost of $1.8 million in respect of a change in trustee and implementation of MIS to streamline its IDPS and superannuation managed portfolios. The platform also put out a forward guidance of a FUA range of $28-$32 billion by ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... 'adviser fee' line was removed but an amount equal to the fee was added to overall administration fees. The same goes for IDPS statements issued by Asgard. The fees were charged on eight different products, one being the IDPS product issued by ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
... product, which is what we needed for the advisers," Johnson told Financial Standard. "I want to put on the record; Spitfire IDPS was one of the best in the market. It is still the only platform that can execute direct shares in over 10 different currencies ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... available to 87. The specialist platform also confirmed that its strategic initiatives, including ClearView's new whitelabel IDPS and super products, had been progressing despite market and economic uncertainty. "The HUB24 team are now working with ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... IOOF Investments Services Limited (IISL) sought a variation of its licence in order to transfer a managed investment scheme, IDPS and advice activities from IOOF Investment Management to IISL under the group's broader reorganisation plan to split ...

Government moves to expand design, distribution laws

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... government has released updated design and distribution obligations, which now extend to investor directed portfolio services (IDPS), basic banking products, products sold in certain situations where the obligations could be avoided, and simple corporate ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
... the market and have grown strongly, we have also experienced significant growth in our Investor Directed Portfolio Service (IDPS or Wrap account) which now represents approximately 60% of our FUA and 70% of our annual net inflows," they added. They pointed ...

HUB24 launches multi-currency functionality

KRISTI CHENG  |  THURSDAY, 25 JUL 2019
... introduced fee reductions to international listed securities administration fees and foreign currency conversion fees on IDPS and Super products earlier this year. These changes give financial advisers and their clients more cost-effective access to ...

ASIC sharpens focus on managed accounts

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... association said, adding the scope will be broad and encompass platforms, managed account issuers, advisers, SMAs, MDAs and IDPS'. ASIC has additionally commissioned a survey of advisers along with a benchmarking study into managed account functionality ...
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