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Showing 111 - 120 of 3545 results for "administration"

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... strategy to strengthen its leadership position in the wealth management platform market and expand its funds under administration, which is now around $47 billon. BNP Paribas Securities Services co-head of the financial intermediaries and corporates ...

Spirit Super introduces insurance admin fee

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
In a move that will see members' costs go up, Spirit Super is introducing an insurance administration fee at the end of the month. While their insurance premiums and the amount of cover will remain as is, from September 30 Spirit Super members will ...

Former van Eyk chief cops permanent ban

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... details of the deal to appear as though there was no conflict of interest, ASIC found. The firm went into voluntary administration in mid-September 2014 following the sudden closure of its Blueprint series of managed funds. Thomas has the right to appeal ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... members for close to a decade. In May, AustralianSuper announced it would be refunding close to $70 million in administration fees and insurance premiums to about 100,000 members whose multiple accounts had gone undetected. The average impacted member ...

Australian Retirement Trust hunts new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 7 SEP 2023
... Australian Retirement Trust to deliver merger benefits to our more than 2.3 million members and grow funds under administration to more than $260 billion. But I think the thing Bern should be proudest of, and a true testament to his leadership capabilities ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... of the R&D Tax Incentive is often measured as the cost of the tax benefit received by claimants plus the cost of administration (by both claimants and the agencies that administer it)," she said. "However this cost doesn't take into account taxes recovered ...

Colonial First State previews new MA offering

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
... are investments offered with transparent and institutional pricing, but we will also waive the percentage-based administration fee on CFS Edge where managed account comprises only Accelerate investments offered through CFS Edge." Through the Accelerate ...

HUB24 unit Class hires ops manager

ELIZABETH FRY  |  FRIDAY, 1 SEP 2023
Class - the SMSF administration technology firm owned by HUB24 - has appointed Kate Anderson as general manager of operations. Anderson joins from Centrepoint Alliance, where she served as group executive, advice services and solutions. Here, she oversaw ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... super offering from next month. APRA also found that on-platform trustee-directed products have the highest median administration fees and costs at 0.54% of assets, compared to 0.27% for non-platform trustee-directed products. MySuper products were just ...

Praemium reports strong growth in FY23

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... Meantime, its net profit after tax was $15.2 million. The investment platform now has $44.0 billion in funds under administration (FUA), up 9% on the year prior. It saw net inflows of $1.4 billion. As at June 30, Praemium's separately managed accounts ...