MDA
Financial planning
The Institute of Managed Accounts Professionals has told the Royal Commission that managed accounts should be regarded as a form of advice rather than as a product....
Financial planning
The Australian Securities and Investments Commission (ASIC) has warned managed discretionary account providers that time is nearly up on use of a key ‘no action’ letter....
People & Products
IOOF has launched its new Managed Portfolio Service, a managed discretionary account solution, on its flagship platform, IOOF Pursuit. ...
Funds management
Synergy Financial Markets has paid over $10,000 after ASIC found it had engaged in misleading advertising on its website....
Financial planning
Imminent changes to lift requirements on MDA operators by ASIC including the removal of a no action letter will disrupt advice businesses using limited MDA arrangements. ...
Superannuation
Fortnum’s e-Clipse Super Fund’s $190 million in assets have transferred to HUB24 Super Fund to help deliver better reporting and transaction solutions....
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MARKET INSIGHTS
Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...