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Showing 1 - 10 of 123 results for "Wraps"

Treasury promises flexibility to adviser qualifications

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... financial advice while upholding the education and professional standards is worth exploring," he said. The consultation wraps up on February 27.

Pacific Current Group wraps up buyout talks

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2023
GQG Partners has failed to get support from River Capital to acquire Pacific Current Group (PAC), leading the latter to wrap up the transaction process. PAC will dissolve the independent board committee (IBC) it installed earlier this year to review ...

Platforms FUM falls $20bn: Report

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
In the year to March end, total funds under management (FUM) held by platforms, wraps and master trusts dropped by $19.5 billion, according to Plan For Life. Specifically, platforms saw a 1.9% decline from over $1 trillion to $982.5 billion, and year ...

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... September 2022. Platforms funds under administration (FUA) decreased by 4% (-$32 billion) to $769 billion in master trusts, wraps, and managed accounts. Of the major platform segments, corporate super was the sole segment with positive growth (2%), benefiting ...

Dimensional launches PIEs in NZ

STAFF WRITER  |  MONDAY, 20 JUN 2022
... Australia chief executive Glenn Crane said. "Offering PIEs just brings the benefits of that approach to more people and wraps it up in a tax-effective solution that targets sustainability outcomes. "Our message to New Zealanders is that investing well ...

Pension funds acquire forestry asset

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... be no significant changes to Wenita's employees following the acquisition and the terms of the transaction remain under wraps. PPF head of infrastructure, timberland and farmland Lea Dubourg-Hrachovec said the transaction marks PPF's fourth investment ...

Platform FUM grows

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... increases in funds under management over the year to March 2021, new research shows. Plan For Life's latest analysis of wraps, platforms and master trusts revealed the leading market players all saw a rise in FUM. BT took out the top spot in terms of ...

FSC launches DDO templates

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
... income protection insurance; trauma insurance; TPD insurance; superannuation master trusts (choice products); superannuation wraps; funds management (covering ETPs and LICs); and managed accounts. "Eighteen months ago we started on this time-critical ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... consistently held." The government has given the Financial Standards and Ethics Authority (FASEA) $2.5 million until it wraps up at the end of 2021. "There is still significant regulatory change this year with the finalisation of FASEA deadlines, implementation ...

Managed accounts prop up platforms

ANNABELLE DICKSON  |  FRIDAY, 16 APR 2021
... wasn't for managed accounts, platforms would be in run-off." Given this growth, managed accounts are also set to engulf wraps with 23% growth in the last 12 months compared to 6.7% for wraps. BT remains the largest ownership group in the platform market ...
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