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Showing 1491 - 1500 of 4001 results for "Administration"

Chief economist update: S&P raises Duterte ratings

BENJAMIN ONG  |  WEDNESDAY, 1 MAY 2019
... well as its outlook from "stable" to "positive" is like another dole-up of manna from heaven for Duterte's administration and those wannabe senators and congressmen seeking seats under his banner. According to S&P: "We raised the rating to reflect ...

Super startup to relaunch

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... offer cheaper fees than industry superannuation funds. According to FairVine's PDS, members will be charged an administration fee of 1.09% per annum, and an indirect cost ratio of 0.11% per annum. The buy-sell spread for the fund will be 0.30%, but ...

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... remediation manager, and Genus Life Insurance Services Pty Ltd as the third party to which it is transitioning its policy administration services. Swiss Re will pay Freedom a net settlement consideration of $5 million when its policy admin services transition ...

ASIC bans AFSL chief executives

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... with Courtenay House. Worboys was also the chief executive and founder of Halifax Investment Services, which is in administration. Investigations are continuing into the company, with ASIC having suspended its financial services licence in January. Barnett's ...

Netwealth opens new office, grows team

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... his deep experience and values that align with our client-first culture." Netwealth offers a range of portfolio administration, superannuation, retirement, investment and managed account solutions to investors and financial intermediaries including financial ...

New fund administrator enters Australian market

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
A Dublin-based software provider specialising in unit linked investment administration and compliance oversight is entering the Australian market. Financial Risk Solutions first moved into the Asia region in 2018, assisted by its acquisition by Constellation ...

Superannuation fund drops fees

KARREN VERGARA  |  TUESDAY, 23 APR 2019
... dollar-based fee for pension members has been halved from $3 to $1.50 per week, while the cap on the asset-based administration fee reduced by 25%. The fund is implementing changes to its direct investment option (DIO) fees from 1 May 2019 as a result ...

Colonial First State makes major fee cuts

KANIKA SOOD  |  THURSDAY, 18 APR 2019
... its products and reducing the investment fees on existing CFS index options. FirstWrap Plus will lower its tiered administration fees by 30%. For a super and pension member with an average balance of $400,000 will save $782 each year, it said. FirstChoice ...

Freedom to divest all operations

KARREN VERGARA  |  MONDAY, 15 APR 2019
Freedom Insurance Group will offload its administration and financial advice businesses, and eventually cease operations. Freedom told the ASX this morning that it agreed in principle to sell its policy administration business to a third party for $5 ...

Bravura circles competitor

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... Holdings for a $2.50 per share in cash minus a special dividend of 0.35 per share subject to approval. GBST provides administration services to life insurers, stock brokers, wealth management businesses and institutions. Its clients include the big four ...