Hub24 has recorded record net inflows for the quarter, as independent financial platforms keep gaining market share from offerings from the big banks.
Source: news.com.au
https://www.news.com.au/finance/business/breaking-news/independent-fund-platforms-gaining-ground/news-story/a7cf5263411813e26ad57b9757079aa7
New figures from Strategic Insight show total risk business held firm at $16.3 billion over the year ending March.
Source: Risk Adviser
https://www.ifa.com.au/risk/26965-total-risk-market-remains-steady-in-march
New figures reveal a significant bump in funds under management during the first quarter of 2019 as one platform provider significantly outpaces its competitors in annual growth.
Source: IFA
https://www.ifa.com.au/news/26934-retail-fum-up-5-7-in-march-quarter
The growth of independent platform providers Netwealth, Praemium, and Hub24 has accelerated in the last 12 months.
Source: Professional Planner
https://www.professionalplanner.com.au/2018/06/netwealth-leads-upstarts-in-platform-race/
Total new premium sales rose by 2.3 per cent during 2018 while overall risk inflows were up by 2 per cent through the same period, according to Strategic Insight figures.
Source: Risk Adviser
https://www.ifa.com.au/risk/26800-new-premium-risk-sales-up-2-3-in-2018
CFS and CBA have the third-largest slice of the $811 billion platforms, wraps and master fund market with an almost 15% share, after BTFG and AMP, according to Strategic Insight. This is as at December 2018.
Source: Financial Standard
https://www.financialstandard.com.au/news/colonial-first-state-makes-major-fee-cuts-135589757
Total individual life insurance premium inflows grew to $16.3 billion over the year ending December 2018, new Strategic Insight figures reveal.
Source: Risk Adviser
https://www.ifa.com.au/risk/26690-risk-inflows-up-1-9-through-2018
CommInsure and AMP recorded significant declines in group risk premium inflows for the year ending December 2018, latest Strategic Insight data shows.
Source: Financial Standard
https://www.financialstandard.com.au/news/group-risk-inflows-slow-at-comminsure-amp-135412694
A platform provider has outperformed all of its major competitors in terms of annual percentage growth in funds under management in 2018, new data reveals.
Source: Risk Adviser
https://www.ifa.com.au/news/26628-platform-outguns-competition-in-fum-growth
TAL has won the Platinum Award for the 2018 AFA/Strategic Insight Life Company of the Year. AFA CEO, Phil Kewin: …These are the companies that are demonstrating a genuine commitment to innovating and improving their offer.
Source: Risk Info
http://riskinfo.com.au/news/2019/03/14/tal-takes-top-honours-at-life-company-awards/
Two life insurers recorded double-digit percentage growth in their market share of risk market inflows across last year, according to new Strategic Insight figures.
Source: Risk Adviser
https://www.ifa.com.au/risk/26424-top-performing-life-insurers-revealed
Quarterly data released by Strategic Insight has revealed a sluggish retail life insurance market for the 12 months to September 2018. While overall risk premium inflows (which include both new and inforce business) increased by a small margin (1.7%) during the year to September 2018, annual risk market sales fell by just over two percent.
Source: Risk Info
http://riskinfo.com.au/news/2019/01/21/risk-inflows-up-but-sales-down-2/
A global corporate governance advisory firm has announced it will acquire investment and life insurance research data firm Strategic Insight.
Source: Risk Adviser
https://www.ifa.com.au/risk/26385-global-firm-to-acquire-strategic-insight
The investment and superannuation platform has revealed details of its new offering for advisers after reaching a funds under administration milestone of $10 billion.
Source: Risk Adviser
https://www.ifa.com.au/news/26353-hub24-attracts-more-than-1400-advisers-fua-hits-10bn
Strategic Insight figures reveal total risk market inflows reached $16.5 billion, a growth of 1.7 per cent over the year.
Source: RiskAdviser
https://www.ifa.com.au/risk/26354-total-market-inflows-reach-16-5-billion
As the financial services and wealth management industry picks through anecdotal examples of damage in the wake of the Hayne royal commission findings, the latest platform flow data shows the most tangible evidence yet of a backlash.
Source: Investment Magazine
https://www.investmentmagazine.com.au/2019/01/fund-flows-reflect-royal-commission-backlash/
Overall retail managed funds rose 10.7 per cent over the past year, according to new figures from Strategic Insight.
Source: Risk Adviser
https://www.ifa.com.au/news/26336-12-2bn-yearly-growth-in-retail-managed-funds
The investment platform landscape has never been more competitive, with the advocacy of advisers key to a market surging towards $1 trillion.
Source: Professional Planner
https://www.professionalplanner.com.au/2018/07/platform-wars/
To compare the growth of managed accounts with that of other retail financial services offerings, IMAP put its figures up against masterfund data over the same period, which Strategic Insight provided.
Source: Professional Planner
https://www.professionalplanner.com.au/2018/03/managed-account-fum-rises-to-50-billion
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