platforms

Financial planning

More advisers does not always mean more clients

NICOLE SZOLLOS explores the correlation between the number of planners employed by a distributor and funds under advice. ...

Financial planning

Institutions dominate advice distribution

The influence of large scale financial institutions in the financial advice market shows no signs of abating. GEORGE LIONDIS reports on Money Management’s second annual l...

Financial planning

Will master trusts be wrapped up?

Wrap accounts are set to replace master trusts as tomorrow’s product. <caps>Fiona Moore</caps> finds out why, and what it means for financial planners....

Financial planning

Heavy users of master trusts come clean on their appeal

Master trust funds under administration continue to grow, as financial planners embrace these platforms with increasing enthusiasm. NICOLE SZOLLOS speaks to some of the b...

Financial planning

Industry debates the future of master trusts

<i>Money Management</i> hosted an exclusive Master Trust round table discussion, bringing together the views of the research, funds management, master trust and financial...

Financial planning

Growth you can count on, but big is still best

Superannuation master trusts growth is virtually assured, thanks to the Super Guarantee levy. However, as FIONA MOORE reports, not so definite is who the survivors will b...

Superannuation

Non-super master trusts keep rolling on

If their phenomenal level of growth is anything to go by, non-super master trusts appear destined to become the dominant investment vehicle in Australia. GEORGE LIONDIS r...

Financial planning

Sanford signs up ING’s Optimix

Online financial services group, Sanford, has signed an agreement to provide its online share trading product, Virtual Broker, to Optimix Investment Management, a special...

Funds management

O’Brien takes on funds management at AXA

AXA retail funds and superannuation marketing national manager Mick O’Brien has become the group’s new chief investment officer (CIO) after AXA decided to combine the rol...

Financial planning

The debate should be about the quality of advice

Over the last few years I’ve noticed that industry commentators are focussing on the issue of so called “independence” of advice and then drawing the conclusion that this...

Financial planning

Godfrey Pembroke planners leave

Bucking the aggregation trend, eleven former Pembroke and Godfrey Pembroke financial planners have established their own planning business following their growing disillu...

Financial planning

Success takes away industry initiative

The financial services industry remains inefficient because its success means it does not have to improve. However Tom Collins argues this will spur on the next wave of c...

Financial planning

MLC to align investment platforms

MLC plans to bring together its two investment platforms, MasterKey and Flexiplan, in a bid to enhance the product offering of both product in the areas of client service...

Financial planning

Who wins with pre-packaged investment advice?

There is no doubt a major trend in the industry over the past five years has been for the majority of retail investment to go through administration platforms such as wra...

Financial planning

Inflows neglect wrap and master trusts

Inflows into retail financial services products do not accurately reflect the current state of the market since they do not track funds entering master trusts and wraps a...