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Showing 1181 - 1190 of 4000 results for "Administration"

Milestone Group appoints APAC lead

ALLY SELBY  |  TUESDAY, 8 SEP 2020
... governance. Prior to her role with Mercer, Azer worked as a client services manager for the custody and investment administration division of BNP Paribas Securities Services. Roberts welcomed Azer to Milestone Group, noting the new role is a core component ...

Funds services firm expands offerings

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
A boutique administration services firm is expanding its back-office offering to include trustee, custody and escrow services. Intertrust Group has secured an AFSL that will enable it to provide additional fund services to asset managers, institutional ...

MTAA Super, Tasplan reveal executive lineup

KARREN VERGARA  |  THURSDAY, 3 SEP 2020
... corporate and trustee functions will be based in Canberra, with satellite offices in Tasmania and other locations. Administration services will be based in Hobart. Chief executive designate of the newly-merged entity Leeanne Turner said: "On behalf of ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... underlying NPAT of $48.4 million for its financial advice business and $58.1 million from its portfolio and estate administration business. Additionally, it posted UNPAT of $37.7 million for its investment management business and $31.3 million for its ...

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... the Pension Ethical Growth Plus will see costs go up from 0.97% to 1.01%. Last year, the super fund reduced its administration fees to $1.25 per week from $1.75 per week and made a series of fee reductions to its mixed asset class options. Christian ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... $510 billion, the largest advice business with 1884 advisers and the second biggest super provide with funds under administration at $173 billion. Mota said scale will be critical for success and ensuring both clients and shareholders benefit from the ...

Heine family sells Netwealth shares

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... posted underlying NPAT of $43.8 million for FY20 and gave guidance for $8 billion (or about 25% higher) funds under administration for FY21. The stock rallied strongly, rising over 8% after the results. It continued to rise the next day, closing at $ ...

Cashwerkz to launch funds incubator

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... also announced the appointment of a new chief operating officer and head of distribution, as well as marketing and administration roles as part of the new initiative. The cash investments marketplace also announced it had launched a new bond income business ...

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... million, while the underlying EBITDA for the group lifted 60% to $24.7 million. HUB24 had $18.5 billion in funds under administration as of August 21, with volatility and negative market movement during the 2H20 impacting $1.1 billion of FUA. The annual ...

Macquarie introduces new wrap cash fee

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
Macquarie Wrap cash account holders have been hit with a cash administration fee, to be deducted from the interest accrued, which is higher than the interest rate. The changes impact users of Macquarie Wrap, which has a cash account through which all ...