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Showing 121 - 130 of 395 results for "Administration services"

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) ...

Australian Ethical divests Mercer parent company

ALLY SELBY  |  MONDAY, 13 JUL 2020
... the divestment, Australian Ethical said it continues to have a relationship with Mercer, which provides administration services for the investment manager's super offering. "We have an ongoing contract with Mercer and we will continue to use this ...

CBA sells CommSec Adviser Services

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 APR 2020
... benefit from NRI's investment and ambition to be the market leader in wholesale broking and portfolio administration services," CBA executive general manager of CommSec Richard Burns said. The AUSIEX divestment excludes the Accelerator Cash Account and ...

Praemium adds Chi-X products

HARRISON WORLEY  |  MONDAY, 27 APR 2020
... investment options on Chi-X Australia." Ohanessian pointed out the "startling rise" of Praemium's VMA administration services (VMAAS), which exceeds $10 billion funds under advice and allows advisers to add the new Chi-X options without introducing additional ...

Grow Super signs first admin client

KANIKA SOOD  |  FRIDAY, 7 FEB 2020
... Also in December, the fund hired Qantas Super's chief operating officer Peter Savage to head the new administration services business. GigSuper announced its plans to launch in 2017, targeting self-employed Australians. As at April 2019, it hadn't ...

Asset manager to be liquidated

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... Technologies with an administration mandate to provide fund and tax accounting, pricing, unit registry and administration services. AFCA data released in November 2019 shows Global Merces has a 100% non-response rate when it comes to complaints. AFCA ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... when Sargon announced it would launch a small APRA fund, a trustee tech solution, and a suite of fund administration services (which was due to launch early 2020). However, on the way, the company has had its share of brushes with the regulator and the ...

Industry fund dumps Link

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... retirement savings has ended its seven-year administration mandate with Link. AvSuper has appointed Mercer Administration Services as administrator following a competitive tender process. The result is a blow for competitor Link, who has held the AvSuper ...

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... functions will be based in Canberra, with satellite offices in Tasmania and other locations. MTAA Super's administration services will be moved in-house to Tasplan's Hobart facilities. The merger is expected to be effective from 1 October 2020.

SMSF adviser hit with ban

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... things, invest in the Bateau Global Opportunities Fund." Blazejczyk was not only the beneficiary of the SMSF administration services he recommended but the investment manager of Bateau Global Opportunities Fund. He failed to disclose those conflicts ...