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

Search Results

Showing 1 - 10 of 35 results for "Investor Directed Portfolio Service"

HUB24 FUA soars over $164bn

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
HUB24 performed soundly in the quarter ending 30 June 2026, with total funds under administration (FUA) increasing 20% from the previous corresponding period to $164.3 billion. The total FUA comprised platform FUA of $139.5 billion (up 24%) and portfolio ...

ASIC consolidates compliance rules for platforms

RIDDHIMA TALWANI  |  WEDNESDAY, 8 JUL 2026
ASIC has consolidated legislative instruments for platforms to make it more centralised and easy to find. It said this reflects its commitment to simplify complex ASIC instruments. ASIC also removed and updated requirements, including replacing quarterly ...

ASIC considers changes to net asset requirements

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
ASIC is seeking feedback on options for increasing the net tangible assets (NTA) requirement for responsible entities of registered managed investment schemes. In addition, ASIC is looking at increasing the NTA requirements that apply to other fund ...

T. Rowe and Oak Hill launch flexible credit income fund

RIDDHIMA TALWANI  |  MONDAY, 24 NOV 2025
... disciplined risk framework." The fund will be distributed by T. Rowe Price and be available to both Investor Directed Portfolio Service (IDPS) and superannuation accounts. T. Rowe Price country head for Australia and New Zealand Darren Hall said that ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
ASIC has released its first publication of industry-wide data reported under the internal dispute resolution (IDR) data reporting framework, flagging concerns firms are not reporting data accurately. Under the IDR framework, most licensed financial ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
Praemium's stock tumbled following a projected revenue margin decline and higher operating costs announced at yesterday's 2023 annual general meeting. The wealth platform updated its financial outlook indicating that its average revenue margin ...

ASIC revisits IDPS sunsetting orders

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
ASIC is seeking feedback from the investment management sector as it reviews investor directed portfolio services (IDPS) and IDPS-like schemes, with a focus on remaking sunsetting class orders. ASIC has released Consultation Paper 369 (CP369) Remaking ...

ClearView risk chief joins IOOF

ELIZABETH MCARTHUR  |  FRIDAY, 18 JUN 2021
... oversee governance practices and processes, supporting the group's APRA-regulated entities and Investor Directed Portfolio Service operators in meeting their obligations. She boasts a long career in risk and compliance roles, including as head of CIO ...

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 ...

Government moves to expand design, distribution laws

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
Consultation is open for exposure draft regulations extending the Federal government's design and distribution obligations. The government has released updated design and distribution obligations, which now extend to investor directed portfolio services ...
PAGE:
1
PREVIOUS
NEXT