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Showing 1431 - 1440 of 4001 results for "Administration"

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... mainly by growth in the FirstChoice and CFSWrap platforms, which had $94.3 billion and $32.4 billion in funds under administration respectively. Commonwealth Financial Planning reported $73 million of income - a whopping 43% drop year on year - driven ...

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... The exact terms of Wright's departure from BTFG have not yet been made public. Xplore Wealth offers platform, administration and technology solutions for about $13.5 billion in funds from stockbrokers, wealth managers and financial advisory firms. ...

EQT welcomes head of insurance

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... meeting the governance requirements of insurance products within superannuation. Navarro joined Mercer in 2000 as an administration manager and rose up the ranks to work across insurance operations and products. The ASX-listed firm made three other appointments ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...

Xplore continues hunt for chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... replacement has been appointed but not yet announced by the company. It was a mixed quarter for Xplore. Its funds under administration were up slightly to $13.59 billion from $13.29 billion mainly due to market movement. It also launched a new wrap - ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... reached a growth milestone, now making up 29% of the investment market in Australia. Managed accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds under administration in ...

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... that it was considering suspending or cancelling Spectrum's AFSL. Freedom first indicated it would offload its administration and financial advice businesses in April. The embattled insurer announced last year that it would likely face a liquidity crisis ...

Industry fund changes asset consultant

KANIKA SOOD  |  MONDAY, 29 JUL 2019
... software giant Tech Mahindra in a move that chief executive Kate Farrar said would halve the annual costs of providing administration to members from 2021. The contract comes into effect in November. This came a few days after the fund said it introduced ...

IOOF rejigs CRO role, appoints successor

KARREN VERGARA  |  FRIDAY, 26 JUL 2019
... corresponding period. Funds under management across financial advice, investment management, and portfolio and estate administration businesses reached $149.5 billion, up 18.7% year on year.

HUB24 launches multi-currency functionality

KRISTI CHENG  |  THURSDAY, 25 JUL 2019
... platform's international capabilities, a next step after it introduced fee reductions to international listed securities administration fees and foreign currency conversion fees on IDPS and Super products earlier this year. These changes give financial ...