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Financial planning
Negative market movements led to a 53% decline in quarterly net inflows for Praemium in the June quarter....
People & Products
North has lowered the maximum administration fees for a MyNorth investment account as it targets the financial adviser market....
People & Products
Announcing its managed portfolios have surpassed the milestone of $5 billion in assets under management, North will be launching three new equity-based portfolios....
Financial planning
Funds under administration in managed accounts have grown by 57% in the March quarter at BT to $10.9 billion, driven by an increased number of advisers using BT Panoroma ...
Funds management
In its first major move since the separation with Commonwealth Bank, Colonial First State has announced it will partner with FNZ for a platform launch by the end of the y...
Funds management
The platform provider’s total funds under administration is now at $68.3 billion as its proposal to acquire Class is to be voted on 31 January, 2022....
Financial planning
Funds under administration has reached $52 billion in the most recent quarter, a 52.7% increase from a year ago....
Funds management
The platform provider posted inflows of $8.9 billion, up 82%, and is targeting a funds under advice range of $63 billion to $70 billion by 30 June, 2023....
Funds management
Praemium’s platform inflows were up 111% during the FY21 but its profit and EBITDA were down thanks to costs associated with acquiring Powerwrap....
Funds management
HUB24 may have been criticised for its low level of female board representation this month, but this hasn’t stopped its share price rising by over 100% over the past year...
Financial planning
OpenInvest has added BlackRock model portfolios to its platform, at the same time as appointing Spiro Pappas as its chairman, with further firms expected to be added in t...
Financial planning
OneVue has posted a revenue decrease of 1% to $49.1 million in its FY20 results due to market volatility, lower interest rates and the new Protect Your Super legislation ...
People & Products
Class has acquired Smartcorp for $4.2 million with the transaction to be completed by 20 August....
Funds management
Zurich is now offering a Global Growth Opportunities separately managed account on the HUB24 platform, offering an ‘even more concentrated’ version of its Concentrated Gl...
Financial planning
The Financial Planning Association has launched a new CPD platform aimed at aggregating FPA, Financial Adviser Standards and Ethics Authority-accredited options....
MARKET INSIGHTS
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...