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Showing 1 - 10 of 22 results for "MDA services"

Insignia's managed account FUM swells

STAFF WRITER  |  MONDAY, 23 OCT 2023
... services to meet varying client needs." This month Expand Extra will enable third-party MDA operators to provide MDA services, he added.

Lonsec acquires Implemented Portfolios

CHLOE WALKER  |  THURSDAY, 21 JUL 2022
... managed account solutions to financial advisers, whether it be separately managed accounts (SMA) or the adoption of MDA services. Terms of the deal were not disclosed but it is expected to positively impact Lonsec's earnings and margins, boosting its ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... takeover premium and to retain exposure to the platform industry. He said clients and partners using its platform and MDA services will benefit from the continued development of the platform. The takeover process is anticipated to be completed in March ...

Lifespan adds MDAs to BT Panorama

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... AFSL," Ardino said. Lifespan said it has offered MDA solutions for over 15 years. It currently has $250 million in MDA services for over 1500 clients and expects the number to grow rapidly as it expands the availability. It uses Mercer as the asset consultant ...

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... accounts, Shaw and Partners has the largest number of verified advisers authorised to provide personal advice on MDA services with 172. It's followed by Shadforth with 119, E.L. & C. Baillieu on 56 and Fiducian on 50.

AMPFP ceases MDA services

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... conditions. ASIC said AMPFP did not provide the regulator with an acceptable attestation in relation to its provision of MDA services. "The attestation provided by AMPFP had exceptions and ASIC informed AMPFP that the attestation was not acceptable to ...

AMP MDA constraints frustrate advisers

ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
... the spokesperson said. Those licence conditions from April followed ASIC surveillance of AMP Financial Planning's MDA services and advice businesses. ASIC imposed additional licence conditions on AMP Financial Planning to ensure it had adequate arrangements ...

ASIC approves AMP for MDAs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
... MDAs. Since September 2016, licensees have been transitioning away from ASIC's previous no-action position on MDA services, to modified licenses allowing them to deal in MDAs on regulated platforms. That transitionary period expired in 2018 and as ...

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... licence to provide managed discretionary account (MDA) services after which time ASIC conducted surveillance of AMPFP's MDA services and advice business. This involved on-site interviews with compliance personnel about processes and systems, and with ...

Record turnout drives Managed Accounts Forum success

KARREN VERGARA  |  MONDAY, 18 SEP 2017
... segment of the adviser community, currently making up 60% of managed accounts. One-third of advisers that provide MDA services said during the 2017 financial year, this offering grew by 24%. Among the seven financial advisers sharing their managed accounts ...
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