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Showing 1 - 10 of 65 results for "IFAs"

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
AMP North inflows from independent financial advisers (IFAs) increased 22% as its platforms business' assets under management (AUM) increased to $74.3 billion. In a quarterly business update, AMP reported that net cash inflows to platforms increased ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... business in recent years. Some 3% of its members are covered by Brighter Super-aligned advisers while 24% are serviced by IFAs that largely came from Suncorp. "What [the QAR] will do is make us be much more thoughtful about the way that we deliver advice ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... Finance Sector Union (FSU) uncovered the bank's systematic underpayments through individual flexibility arrangements (IFAs), which compensated workers with higher pay rates and bonuses at the expense of benefits like annual leave loading and overtime. ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
Despite seeing an influx of independent financial advisers' (IFAs) business, AMP continues to seek alternatives for its advice unit as it reports another loss. In the first half of the 2024 financial year, the wealth firm recorded a 33% year on ...

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... people at problems. It is not sustainable from a cost perspective," he said. "We feel that this will be solid year where IFAs look to make more strategic decision on technology compared to the past." Finura found that the future of digital advice remains ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... to further improve profit levels." Also, although lapse rates for policies secured through independent financial advisers (IFAs) grew, the overall count of individuals insured has stabilised, following a multi-year decline. "We can see the impact of ...

Aware Super rolls out adviser portal

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... Super head of business development Natalie Jarvis said the portal "has transformed the way independent financial advisers (IFAs) interact with the fund, setting a new standard for profit-to-member funds in providing seamless functionality and ease of ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
... million came from its aligned advisers. Fiducian's funds under advice (FUA) increased by 5% to $4.6 billion year on year. IFAs account for 14% of total FUA. "Efforts are underway to build new relationships and increase net inflows from non-aligned ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... well as a 7% increase in outflows compared to Q1 2022, AMP said. Nevertheless, inflows from independent financial advisers (IFAs) continued to grow on the MyNorth platform; AMP reported a 30% increase compared to Q1 2022. AMP also announced that the ...

Four join Payton Capital team

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... and Claire Rogers. ​Ireland has been appointed investment director, responsible for building strong relationships with IFAs, SMSF investors and high-net-worth individuals. Over the last 18 years, Ireland has worked with organisations including Mercer ...
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