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Financial planning
Inflows to Praemium have decreased from almost $3 billion to $1.3 billion in the FY22–23 although positive market movements still helped the firm see a rise in funds unde...
Financial planning
Wraps, platforms and master trusts FUM declined to $982.5 billion over the year to end of March 2023, although some market leaders like HUB24 and Netwealth experienced do...
Financial planning
Reporting its quarterly results for the three months to 30 June, the firm said it has seen funds under administration increase by $4.4 billion although outflows remain at...
Financial planning
BT chief executive, Matt Rady, has shared with Money Management what the firm plans to do with its platform business after it concluded its sale process this week....
People & Products
The global wealth management platform has appointed Kirsty Gross as a non-executive director of FNZ Custodians, underpinning FNZ’s expansion goals into the wider Asia-Pac...
People & Products
HUB24 has announced the appointment of a former Challenger chief financial officer as a non-executive director on its board of directors. ...
People & Products
EXCLUSIVE Six months into the role, Praemium’s chief strategy officer, Denis Orrock, has explained how he is positioning the platform technology company for growth....
People & Products
Acting platforms distribution head, Jason Brown, has been formally tapped to lead BT Panorama’s 70-person strong distribution team. ...
Financial planning
Investment platform Superhero has announced it will be launching an adviser platform for advisers and dealer groups to help them deliver affordable advice. ...
Financial planning
AMP has reported first quarter results for its Australian wealth management division, reporting a substantial 62 per cent drop in platform inflows....
Financial planning
AMP has updated shareholders on its portfolio simplification program, stating negative short-term profit impacts from strategic decisions around banks and platforms will ...
People & Products
The annual platform report from Investment Trends has shared which platform has taken the top spot for overall functionality this year. ...
People & Products
BT’s head of platform distribution, Chris Mather, is to join CFS as the firm gears up to launch its new Edge platform next quarter....
People & Products
Contrarian asset manager Allan Gray has informed financial advisers and investors of its decision to exit its platforms business, Allan Gray Solutions....
People & Products
There is likely to be increased platform consolidation in the market, according to two industry leaders, but firms may find it harder to merge than they expect....
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...