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Showing 1 - 10 of 122 results for %22IFA market%22

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... reflecting the continued strategic focus on platform functionality and investment choice that has helped to attract this market. Managed portfolios on our flagship platform North reached $14.9 billion in AUM, continuing the strong growth trajectory since ...

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... offerings in 2024/25." Elsewhere, once small fintech players have now become behemoths. HUB24 and Netwealth's combined market capitalisation is now equivalent to AMP, Insignia, IRESS, Link, Bravura, Count, Wealth Today, Centrepoint, and Sequoia. ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... billion, doubling in the year to 30 June 2023, primarily due to gains in superannuation business, according to KPMG's annual market review. Risk products recorded a $400 million profit in FY23, down from $1.2 billion in FY22, largely driven by reduced ...

iFactFind partners with global tech firm

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
... Worksorted, and Fin365 are also part of iFactFind's stable of partners. Based in Austin, Texas, Voyant entered the Australian market in 2021 and recently announced its partnership with Spark Financial and Practifi. It is a subsidiary of NYSE-listed AssetMark ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
Fiducian is betting on the independent financial adviser (IFA) market and its South Australian presence to bolster its inflows as it sets an ambitious plan to exceed its performance reported in the 2023 financial year. The ASX-listed group's latest ...

Allianz Retire+ strengthens distribution team

ANDREW MCKEAN  |  MONDAY, 29 MAY 2023
... support the efforts in NSW to deliver solutions to advisers and their clients. Natalie has a deep understanding of the Sydney IFA and Adviser market, having cultivated strong relationships within the industry. "These new appointments continue to bolster ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... MyNorth platform in Q2 2023. "In our platforms business, our continued strategic focus on the independent financial adviser market is reflected in inflows from IFAs to the North platform being up 30 per cent on the same period last year," George said. ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... service, functionality and investment choice, as well as the recent launch of the new retirement product and North's expanding IFA relationships," AMP said. The Master Trusts division reported underlying NPAT of $55 million, halved from $111 million ...

Fintech predictions for 2023: Finura

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
... Netwealth's offer last year," Finura said. But it said the real question on everyone's lips is how many platforms this market can sustain with 15,000 advisers for the foreseeable future. "According to Cerulli, the US has 14,000 registered investment ...

AMP North caps fees to expand adviser footprint

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
... According to an AMP statement, the new limits on administration fees as part of an effort to push further into the IFA market. The new cap, which applies to individual clients, has limited the administration fees charges to MyNorth investment accounts ...
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