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Showing 1051 - 1060 of 4000 results for "Administration"

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... Mainstream agreed to pay $5.1 million as part of a confidentiality settlement agreement affecting its US hedge fund administration subsidiary. "The proposed settlement is on a no admission of liability basis, and if court approval is received, the settlement ...

Funds announce chief ahead of merger

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... outstanding. In three years, Kate has improved member outcomes and satisfaction, lowered the fund's cost of providing administration services by 30%, and grown the fund by $2 billion," LGIAsuper chair John Smith said. "Her history of working in the ...

HUB24 searches for new director

KANIKA SOOD  |  FRIDAY, 5 MAR 2021
... director Andrew Alcock. HUB24 was established in 2007 by Ian Lister, Darren Pettiona and Suwandi Tan to provide an administration platform for Managed Discretionary Accounts (MDAs) and similar complementing services.

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... report such breaches to ASIC within 10 days. According to documents filed by ASIC, the $9.7 billion fund changed its administration system to one known as Acurity and the migration of insurance data and coding of insurance rules into Acurity was not ...

Super fund halves admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAR 2021
An $11.2 billion superannuation fund will halve its administration fees later this month. Mine Super is reducing its MySuper administration fees by a whopping 50%, dropping to $52 per year from $104. "We know the fees you pay today can make a big difference ...

UK drags Bravura performance

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... the sting of COVID-19 as its overseas operations deliver large blows to its profitability of more than 50%. The administration and management software provider announced that its UK and South African units have severely affected its December 2020 half-year ...

Link flags PEXA listing

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
... currency impact, as well as business integration and client migrations costs. Link has 36% of the superannuation administration market with nine million accounts. Its funds solutions business has about $178 billion in funds under management. Chief executive ...

Macquarie Wrap SMAs surpass $5bn

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
... announced its separately managed accounts (SMAs) on the Macquarie Wrap platform have exceeded $5 billion in funds under administration. Macquarie said the milestone demonstrates the strength of its platform and the continued interest shown by advisers ...

ATO begins stimulus fraud convictions

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
... made by the ATO to over a million businesses. The ATO said it has a dedicated integrity strategy that supports the administration of the government's stimulus packages, with robust and efficient compliance systems that make it very easy to identify fraudulent ...

Equipsuper merges with corporate fund

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... Super chair Rob Purcell said the move is in the best interests of members and will provide greater investment and administration scale. "Toyota Super has served members' interests very well. However, the requirements for running a stand-alone corporate ...