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Showing 1031 - 1040 of 4000 results for "administration"

Mainstream obtains superior takeover offer

ANNABELLE DICKSON  |  TUESDAY, 13 APR 2021
The investment administration firm has received a superior offer to Vistra's proposed $170 million acquisition and has notified the firm to either match or offer more favourable terms. SS&C Technologies Holdings has now entered a conditional scheme ...

Vanguard appoints super administrator

KANIKA SOOD  |  MONDAY, 12 APR 2021
... that service existing super funds. "Vanguard is pleased to confirm the appointment of GROW Inc. to provide fund administration services to Vanguard Super, due to launch later this year. GROW's flexible technology solutions and member focus will assist ...

Chief economist update: No fear

BENJAMIN ONG  |  MONDAY, 12 APR 2021
The coronavirus optimism that prevailed over the dying weeks of 2020 and into the first quarter of this year has been replaced by concerns over the resurgence in infections - in Europe, India, Japan, South Korea and lately, the US, among others - caused ...

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
... improvement that would "do wonders for this bill and superannuation fund members". Silk also argued for the inclusion of administration fees in the new benchmark tests. In the October 2020 federal budget, Treasurer Josh Frydenberg introduced a test for ...

Implemented Portfolios adds to team

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
... and two hires for a newly created role in its distribution team. Anton Hermanto has been appointed as custody and administration manager and joins from Colonial First State where he was in transition management services for over four years. Prior to ...

Praemium expands distribution footprint

KARREN VERGARA  |  TUESDAY, 6 APR 2021
... over the last two years to support the growing base of advice firms." Praemium reported a 69% jump in funds under administration to $34.3 billion for its Australian platform for the half-year to December 2020. Net-profit after tax grew 113% to $3 million ...

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Tasplan and MTAA Super's $23 billion merged fund, Spirit Super, has reduced the weekly administration fees for members by 13.4%. Effective today, the administration fees are reducing from $1.50 per week to $1.30 per week. The merged fund has also ...

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... MySuper products charged members median fees of 1.1% for 2019-2020, which includes three main costs: investments, administration and member services. This is much higher than average fees charged by international pension fund counterparts. New Zealand's ...

Mason Stevens bolsters Melbourne team

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... investment officer and chief executive. Mason Stevens has $5.5 billion of direct global investments under management or administration and was recently recognised as the most improved platform in the latest Investment Trends 2020 Platform Competitive ...

ClearView bolsters team

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... year. It is also an important year for ClearView with key transformation projects underway including a new policy administration system, underwriting rules engine and adviser portal," ClearView general manager, life insurance Gerard Kerr said. "We are ...