Guide to Managed Accounts 2020

managed-accounts/MDA/managed-discretionary-accounts/

13 August 2020
| By Money |
image
image
expand image

The level of faith directed by financial advisers towards managed accounts structures appears to have been justified by the durability they have exhibited in the face of the COVID-19 pandemic. There seems little doubt that, by and large, managed accounts structures have proved durable and effective in so far meeting the challenges of the COVID-19 pandemic.

The managed accounts sector finished 2019 in good shape and so it was axiomatic that it should be well placed to deal with some the extraordinary challenges which confronted the whole of the Australian financial services industry in March and April, 2020. Indeed it is probably indicative of the robust shape of the managed accounts sector that in the midst of all the COVID-19 uncertainty, managed accounts services were continuing to be launched.

Click here to download as a PDF

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

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

2 months ago

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

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS