FUNDS UNDER ADMINISTRATION

Financial planning

ASX-listed Netwealth has reported a growth in funds under advice to $28.5 billion at the end of December, 2019....

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Financial planning

Praemium has reported a 25 per cent increase in platform funds under administration to a record $9.5 billion....

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Financial planning

Powerwrap has reported a record $8.1 billion in funds under administration, helped by a growing demand for independent platform support from breakaway adviser groups....

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Financial planning

Fund administrator, Mainstream Group Holdings, has posted an 11 per cent growth in funds under administration, on prior quarter....

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Financial planning

Netwealth has reported a growth in its funds under administration by $2.1 billion at the end of March, which was helped by a growing number of new advisers who selected i...

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Funds management

Challenger platforms are expected to continue to benefit from industry concerns around wealth management....

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Funds management

IOOF Holdings said net inflows in funds under management, administration and advice (FUMA) reached $270 million for the first quarter of 2019....

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Financial planning

HUB24 has posted record net inflows for the first quarter of $638 million and representing a 19.3 per cent growth....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 2 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 5 hours ago