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28 March 2018 • By • 1 min read

Managed accounts grow $9bn in half year

The managed accounts sector's funds under management grew by $9.08 billion in the six months to 31 December 2017, according to IMAP. IMAP’s latest ...

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Powerwrap makes new c-suite appointments

Powerwrap has appointed a new chief financial officer, chief operating officer and head of sales. Bruce MacDougall, James Edmonds and Wes Gillett ...

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Former KPMG director to lead Ignition Wealth

Robo-advice firm Ignition Wealth has appointed Manish Prasad as its new chief executive. Ignition Wealth co-founder Mark Fordree has announced the ...

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NAB dealer group executive to depart

Mathew Fogarty, the director of NAB subsidiaries Garvan and MLC Financial Planning, will leave NAB, following a restructure of the bank's financial ...

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Cryptocurrencies aren't 'currency', says RBA

The Reserve Bank of Australia has reiterated its attack on cryptocurrencies, questioning their purpose and pointing to the lack of demand from the ...

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SuperConcepts acquires OneVue admin business

AMP-owned SMSF administrator SuperConcepts will acquire OneVue’s administration business, less than two months after it bought More Super

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BetaShares deletes Facebook from ethical ETF

BetaShares has removed Facebook from the index tracked by its global sustainability leaders exchange-traded fund. BetaShares has announced its ...

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CBA flags raft of executive departures

Incoming CBA chief executive Matt Comyn has taken the axe to the bank's executive team, with three group executives headed for the exit

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CFS adds managed accounts to FirstWrap

Colonial First State has made managed accounts available to advisers through its FirstWrap platform. The addition of managed accounts to FirstWrap ...

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AMP CEO announces resignation

AMP chief executive Craig Meller will step down from the role at the end of 2018, with an international search underway for a replacement

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