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Showing 1321 - 1330 of 4001 results for "administration"

Praemium expanding in UK, growing managed accounts

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
... accounts had a strong uplift, contributing to platform revenue being up 22%. Praemium's Virtual Managed Accounts Administration Service now has $10 billion in funds under administration, compared to $387 million last year. Praemium chief executive Michael ...

Grow Super signs first admin client

KANIKA SOOD  |  FRIDAY, 7 FEB 2020
Grow Super has signed its first client for its superannuation administration platform which is based on distributed ledger technology. Startup superannuation fund GigSuper came onboard in late December, Grow Super deputy chief executive Adam Gee said. ...

OneVue takes control of Madison

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2020
... advisers. It's the latest development in the Sargon saga, which began last Wednesday when Sargon entered external administration at the hands of one of its backers, Taiping Trustees. Sargon owed money to OneVue for the acquisition of its trustee ...

Macquarie suit to lead Challenger joint venture

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... a liaison with Fidante Partners, which will provide product distribution, local fund reporting and back office administration. Ares Australia Management said it expects to launch its first credit fund in Australia in the coming months, and more strategies ...

Asset manager to be liquidated

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... funds application process to five minutes. Later that year the company awarded US-based SS&C Technologies with an administration mandate to provide fund and tax accounting, pricing, unit registry and administration services. AFCA data released in November ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
... its legitimacy. Earlier this month AustralianSuper notified members it would be introducing a new fee called 'Administration fee - Protecting Your Super'. From April this year, all accumulation members will pay up to 0.04% of their balance - ...

Sargon companies in administration

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... as administrator for at least three Sargon-related companies, after the main holding company went into external administration last Wednesday. Sargon Superannuation Holdings, Sargon Services Pty Ltd and Sargon CT Holdings Pty Ltd are the three companies ...

Board departure at Sargon subsidiary

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... the coming year and took the decision to step down from the Tidswell board before Sargon's entering external administration (of which its subsidiaries are not a part). Miller said he has scaled down the number of average number of days he spends ...

ANZ completes OnePath sale to IOOF

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... important contributors to the success of any business transformation." The OnePath P&I business has funds under administration of $48.2 billion and funds under management of $26.8 billion. "The annualised pro forma financial performance of the P&I business ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... fees from MySuper products. Trustees would still be permitted to charge fees in relation to intra-fund advice as administration fees. That draft also includes provisions for ongoing fee arrangements in super. Annual renewals, identification of services ...