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Showing 1331 - 1340 of 4000 results for "Administration"

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
Philip Kingston's Sargon has been forced into external administration by one if its Chinese creditors. In a statement to Financial Standard, Sargon said one of its creditors, Chinese state-owned insurance company Taiping Trustees has appointed McGrathNicol ...

Industry fund dumps Link

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
An industry superannuation fund managing around $2.6 billion in retirement savings has ended its seven-year administration mandate with Link. AvSuper has appointed Mercer Administration Services as administrator following a competitive tender process. ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
AMP is reducing investment and administration fees across its suite of superannuation products, including removing the Stronger Super fee it introduced in 2013 to finance the implementation of the reforms. The fee cuts will be applied to MySuper, choice ...

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... supporters that the ARC Fund would be wound up by the end of February and that the AIOFP would limit the continuing administration and trustee fees to try and maximise any ex gratia payments those who donated may be able to receive. "It is disappointing ...

Netwealth to tap growing HNW demand

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
... is now being collected. In a quarterly business updated released this week, Netwealth posted record funds under administration for the December quarter, raking in an additional $2.9 billion to take its total beyond $28 billion.

Statewide dumps executives

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... charge of both the finance and operating side, which includes information technology, project management office, administration, business performance and data analysis.

Super fund adds first operations lead

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2020
... this month after almost a decade of service. In the interim, he is being replaced by manager, member and employer administration Joseph Zahra, UniSuper confirmed. He first joined the fund in 2010 from Hostplus where he was national administration manager. ...

AustralianSuper ups admin fees

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JAN 2020
... the Protecting Your Super changes. Effective April 1, AustralianSuper's members will start paying the 'Administration fee - Protecting Your Super' fee; a variable fee based on a member's account balance, up to a maximum of 0.04%. On a ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
... remain within superannuation." AMP Eligible Rollover Fund accounts incur an investment fee of 0.69% per annum, while administration fees are calculated according to the total balance of the account. Accounts with a balance of less than $2500 incur an ...

New super fund targets millennials

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... investment options - Elevate Balanced and Elevate Growth. There is no MySuper option. The balanced option charges an administration fee of 0.81% per annum plus $93.60 per annum. For comparison, fellow start-up super fund Spaceship has an admin fee of ...