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Showing 1201 - 1210 of 4001 results for "Administration"

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
IFM Investors and Regal backed Spitfire has appointed administrators, as it looks to restructure the group after a shareholder reneged on promised funding. Olvera Advisors' Damien Hodgkinson and Kate Barnet were appointed as joint and several voluntary ...

SME insolvencies set to increase

ANNABELLE DICKSON  |  WEDNESDAY, 12 AUG 2020
... "Payment times remain high, indicating significant cash flow issues, whilst the number of companies going into administration is far below the monthly average we would expect, telling us that many firms are being artificially propped up," he said. The ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
... transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June 2012. After a recent ...

OneVue to take Taiping to court

KANIKA SOOD  |  THURSDAY, 6 AUG 2020
... owed about $31 million from its 2018 sale of Diversa Trustees to Sargon Capital, which was forced into external administration in late January and then liquidation. OneVue this morning also updated on sale of Sargon operating businesses to now, Certes ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
... COVID-19. This was the clear intent of Parliament in legislating for increased early access," he said. "The government administration of the scheme appears to have departed from this legislated purpose. Evidence given to the Senate Select Committee overseeing ...

CFA Institute reveals new exam regime

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... impacted world," the CFA Institute said. Digital testing will also enable the Institute to shift from single-day test administration to a more convenient and computer based administration process. "Doing this offers options for candidates around the ...

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... growth. Bain Capital Australia managing director Mike Murphy said the strategy would see Virgin Australia emerge from administration as a "stronger, more profitable and competitive" aviation group. "Bain Capital is one of the world's leading private ...

Class bolsters tech team

ALLY SELBY  |  TUESDAY, 4 AUG 2020
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate. Jarrod Yates and Glen MacLarty have been appointed as head of technology product and NextGen respectively ...

Super fund for women adds fee

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
A superannuation fund that markets itself to women has created a new administration fee. FairVine Super, a sub-plan of Aracon Super, has added a $104 per annum administration fee (equating to $2 a week) for members in its balanced and growth options. ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... this. But this month, the platform sent updated contracts to fund managers saying they will now have to pay an administration fee of $2000 plus GST per individual rebate arrangement per year. Netwealth said it "appreciate[d] the current economic and ...