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Showing 1101 - 1110 of 4000 results for "Administration"

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... critical questions that are now before them." 3. Sargon runs out of steam (January 30) Sargon was forced into external administration by one of its Chinese creditors, state-owned insurer Taiping Trustees, with McGrathNicol appointed as administrator. ...

Industry fund renews Link partnership

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... fund has reappointed Link Group as its administrator. Cbus will continue to use Link's services in the areas of administration, system integration, innovation, data supply and security. The partnership will also provide continued and structured engagement ...

Cbus, Media Super merger progresses

JAMIE WILLIAMSON  |  TUESDAY, 15 DEC 2020
... options. Cbus and Media Super have announced they are commencing work on a merger plan, integrating investment, administration and operations over the next 12 months while retaining their respective brands. A merger of the two would see the creation ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... $510 billion, the largest advice business with 1884 advisers and the second biggest super provide with funds under administration at $173 billion.

How far are we from a trillion-dollar super fund?

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... internalisation of investment management has seen members save $200 million alone in the past year," he said. On the administration fee front AustralianSuper has increased the cost even as it gathers scale, as first revealed by Financial Standard. "AustralianSuper ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... billion in employer contributions and $9 billion in outward transfers. SMSF members paid a total of $3.7 billion in administration and operating expenses for their funds. The majority of SMSFs are based in New South Wales (32.8%), followed by Victoria ...

Government to wind up FASEA

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... that the standard-setting aspect of FASEA will be swallowed up by Treasury. Its remaining functions, such as exam administration, will be taken over by the Financial Services and Credit Panel (FSCP). The operations of the FSCP will be expanded within ...

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... 25 years of financial services experience. For the past 16 years, he has led product teams in custody and fund administration at BNP Paribas and then RBC, Citi said. "Australia is a key market for the securities services business, and we have been growing ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
... at this point supply remains limited. According to Factset: "Washington Post reported that Pfizer told the Trump administration it cannot provide substantial additional doses of its vaccine until late June or July... FT also discussed how the AstraZeneca ...

NAB wins custody mandate

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... knowledge of the ever-changing regulatory and industry landscape." Suncorp outsourced its entire custody and investment administration operations to NAB Asset Servicing in 2013 as it got out of doing it itself. It later picked BNP Paribas but now is ...