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Showing 1251 - 1260 of 4000 results for "Administration"

Australia only needs 15 super funds: Consultant

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... funds that are not as efficient as well-managed boutique funds. After all, most scale nowadays is associated with administration and fund operations, not raw dollars under management." Chhikara said the Productivity Commission's mooted best in show list ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... administrative pain felt by retirees, and said the system could be cleaned up. "It would be possible to simplify the administration of pension accounts to allow contributions to be made directly into them (say above age 65) and to transfer them directly ...

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... liquidation. "Under the Corporations Act 2001, ASIC may suspend or cancel an AFS licence if the licensee is under administration and is being wound up," the regulator said. "As part of the cancellation, Tailormade is required to maintain its membership ...

Pendal awards registry mandate

KANIKA SOOD  |  MONDAY, 18 MAY 2020
ASX-listed Pendal Group has picked a new unit registry provider for $19 billion in funds under administration across its Australian funds. Mainstream Group Holdings'Australian business has entered a five-plus-five-year agreement with Pendal to provide ...

Powerwrap inks strategic partnership

HARRISON WORLEY  |  MONDAY, 18 MAY 2020
Powerwrap is now the global administration partner of a New York based alternative investments platform provider. The Australian platform provider has inked a deal to be administration partner of Qualis Capital. The firm is new on the scene, and plans ...

Clime courts Madison Financial Group

KANIKA SOOD  |  MONDAY, 11 MAY 2020
... hands in February as the latter looked to recoup money owed to it by Sargon Capital when it went into external administration. It is understood that Clime has completed due diligence on Madison. "Clime Investment Management (ASX: CIW) confirms it is ...

TradeFloor acquires tech solutions

ALLY SELBY  |  MONDAY, 11 MAY 2020
... stockbroker OpenMarkets as well as the technology behind CCUBE's wealth management solutions, following CCUBE's voluntary administration in the midst of the COVID-19 crisis. TradeFloor managing director Ivan Tchourilov said the acquisitions would enable ...

SMSF Association appoints deputy chief executive

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
... return to the SMSF Association after a seven-year hiatus. SuperConcepts general manager of technical services and administration Peter Burgess has been appointed deputy chief executive of the SMSF Association, returning to the self-managed super advocacy ...

Industry fund swaps insurers

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... move to unit-based pricing, with each unit equal to $115.40 per week of cover. It has removed the 5% insurance administration fee, and 5% annual indexation fee for some categories in the IP cover. The new rates are in place for three years starting July ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... Chinese lender, it put eight subsidiaries that hold its operating businesses (such as Diversa Trustees) in voluntary administration under EY to protect its interests. New York financier and Sargon investor Teddy Wasserman emerged as the buyer for operating ...