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Showing 1281 - 1290 of 4000 results for "administration"

Super fighting a war on three fronts: KPMG

HARRISON WORLEY  |  THURSDAY, 2 APR 2020
... sets of problems as they deal with the unprecedented challenges posed by the pandemic, with investment governance, administration and operational effectiveness, and insurance all simultaneously competing for attention. As a result of the government's ...

Super funds must prioritise liquidity: Regulators

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... usual legal, regulatory and reporting obligations. "Trustees must therefore ensure key business activities, such as administration, are operationally resilient to ensure ongoing processing of member benefits," the letter read. "Trustees should be scenario ...

Statewide revises down investment objectives, ups fees

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... offering maintaining an investment objective of CPI+ 3%. At the same time, the fund announced the dollar-based administration fee charged to accumulation and pension accounts will increase from $1.50 per week to $1.75 per week from May. The asset based ...

Early access nightmare for administrators

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... is doing what it can to redeploy staff to manage the increase in calls and requests but noted that helpline and administration consultants require training to respond to members effectively.

CareSuper leads super satisfaction

HARRISON WORLEY  |  MONDAY, 30 MAR 2020
The $16 billion industry superannuation fund has shrugged off its recent administration struggles to become the super fund with the most satisfied members. Latest Roy Morgan research shows CareSuper has the highest current satisfaction rating among ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... investors was appropriate to each of the 11 investors in question". Storm collapsed in 2009 after being forced into administration by Commonwealth Bank. The Townsville-based company was about $90 million in debt. In 2010, ASIC's initial case centered ...

Sargon trustee businesses sale expected soon

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
... business and CCSL to Phil Kingston's company. In late January, Sargon Capital and two other entities were forced into administration after they defaulted on interest payments of a loan made to the companies by China's Taiping Trustees. So far, OneVue ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... maintain this minimum cash level, but now the client will not only not get interest income but will also be paying administration fees on those balances." Responding, a HUB24 spokesperson said: "Given we are now operating in an environment where cash ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... pointed out CFS' results were based on the wealth manager's latest unit pricing, which does not include administration fees, while AustralianSuper's results are based on cumulative returns, which is only an indication of returns, pointing ...

MLC changes super fees, adds menu

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
... Series 2 Wrap. This menu will have MLC's Horizon, Index Plus and Inflation Plus portfolios. It will charge administration fee of $260 per annum. In January last year, MLC lowered administration fees on its wrapplatforms. "Our decision to reprice ...