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Showing 1021 - 1030 of 4000 results for "Administration"

Draft regulation on YFYS released

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
The government has conceded to industry demands on administration fees and unlisted assets' treatment in the new APRA performance tests, as it finally releases draft regulation for the Your Future, Your Super reforms. It has agreed to include administration ...

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... MySuper. Its lifestage funds copped red ratings in APRA's 2020 heatmap for charging as much as 1.68% in exorbitant administration fees. The transaction is due to complete by mid-2022. After this, Suncorp will enter into an agreement with LGIAsuper ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
... managed funds and mandates. Funds under advice were $3.1 billion (up $207 million from December quarter). Funds under administration for WealthPortal fell by $3 million to $834 million, while insurance premiums under advice fell $24 million to $46 mi ...

Perpetual AUM climbs, hires in UK

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
... Innovation Share Fund," Adams said. Perpetual Corporate Trust remained relatively flat with a 1% increase in funds under administration to $936.2 billion. Meanwhile, Perpetual Private's funds under advice increased 4% to $16.1 billion due to $0.2 billion ...

Guild Super chooses new administrator

ELIZABETH MCARTHUR  |  THURSDAY, 22 APR 2021
... Pension for retirees, will switch to using IRESS as its administrator from May. Currently, Guild Super outsources its administration to Mercer. A significant event notice to both Guild Super and Child Care Super members explained that by using IRESS ...

HUB24 FUA up on acquisitions

ANNABELLE DICKSON  |  TUESDAY, 20 APR 2021
The platform has recorded a significant increase in funds under administration (FUA) as it integrates its recent acquisitions into the business. HUB24's total FUA has reached $51.4 billion with Xplore Wealth contributing $17.2 billion to this figure. ...

Netwealth FUA crosses $40 billion

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Netwealth ended March 2021 with $41.8 billion in funds under administration, an increase of 50% over the prior corresponding period. Net inflows in FUA slowed down from $3.2 billion in previous corresponding period to $2.3 billion. Netwealth attributed ...

Managed accounts prop up platforms

ANNABELLE DICKSON  |  FRIDAY, 16 APR 2021
... 6.7% for wraps. BT remains the largest ownership group in the platform market with $139 billion in funds under administration (FUA), making up 19% of the platform market at the end of December 2020. It is followed by AMP and Colonial First State with ...

Praemium FUA up, opens Edinburgh office

ANNABELLE DICKSON  |  THURSDAY, 15 APR 2021
The platform has recorded increased funds under administration (FUA) of $37.9 billion as it expands its presence in the UK with the opening of an office in Edinburgh, Scotland. For the March quarter, Praemium recorded an 11% increase in FUA, and a 96% ...

EISS Super, TWUSUPER explore merger

KANIKA SOOD  |  TUESDAY, 13 APR 2021
... greater scale for both funds and has the potential to deliver cost savings to members across trustee services, administration and investments, while also providing members with better services, solid long-term investment returns and improved financial ...