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Showing 1211 - 1220 of 4000 results for "Administration"

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
IOOF has recorded an increase in funds under management, advice and administration of 3.4% to $202.3 billion while also increasing remediation provisions by $80 million. The wealth manager is expecting an underlying profit from continuing operations ...

US pension funds form trading alliance

ALLY SELBY  |  FRIDAY, 24 JUL 2020
... framework of resources to help other peers understand and navigate the approval process as well as the ongoing administration of trades for those that do not have internal resources to support securities lending or repo activity directly." HOOPP assistant ...

NULIS calls for clearer regulatory definitions

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... subsidiary charged customer's more to access external managed funds NULIS defended the position. "There is a higher administration fee where members choose to invest in managed investment schemes that are issued by unrelated parties to NULIS," it said. ...

Media Super names chief operating officer

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
... improving productivity, redesigning and improving business processes and services across the organization and was an administration services coordinator at Mercer, administering the Foster's Group super fund. Van der Heyde started her career in superannuation ...

Chief economist update: US-China tensions escalate

BENJAMIN ONG  |  THURSDAY, 23 JUL 2020
... ordered its Houston consulate closed within 72 hours" - USA Today The news behind the headlines is about the Trump administration giving the Chinese consulate in Houston, Texas 72 hours to vacate its premises to "American intellectual property and private ...

Financial services jobs show signs of recovery

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... quarter with commodity prices and demand remaining strong," Parker said. "Opportunities in healthcare and public administration and safety also reported relatively modest declines of around 14% over the June quarter, and retail and wholesale job opportunities ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
... spoken with a range of registered liquidators who have indicated the minimum cost of a straightforward voluntary administration is about $12,000, while the average is closer to $50,000," Carnell said. Furthermore, the ombudsman recommends establishing ...

ASIC suspends OTC derivatives issuer

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
... operating as USGFX is suspended until September 23 under 915B of the Corporations Act 200 because it is under external administration. A spokesperson for the company said the administration was due to the actions of the Australian Securities and Investments ...

HUB24 wins out over Netwealth: Ord Minnett

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... overvalued while HUB24 offers a superior growth rate, says Ord Minnett. HUB24 had $17.2 billion of total funds under administration for FY20 while Netwealth had $31.5 billion. Both finished FY20 with strong flows. "HUB24's valuation relative to NWL ...

Mainstream funds under custody up 79%

ALLY SELBY  |  TUESDAY, 21 JUL 2020
Funds administration services provider Mainstream Group Holdings saw its funds under custody increase 79% during the June quarter, with net funds increasing by 36 compared to March 2020. Over the past 12 months, its funds under administration (FuA) ...