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Showing 171 - 180 of 3992 results for "administration"

Australian Ethical FUM grows 34%

ELIZA BAVIN  |  THURSDAY, 17 JUL 2025
... boosted by record year-end voluntary contributions and the resumption of marketing campaigns following the funds administration transition from Mercer to GROW Inc in the first half of the financial year. Further, Australian Ethical said the number of ...

HUB24 reports record $136bn FUA

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
HUB24's total funds under administration (FUA) reached a record $136.4 billion at the end of June. Net inflows for the 2025 financial year were $19.8 billion, up 25% annually. Excluding the $4 billion of migrations during the period, net inflows ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... Trump's first four years in office. "We went back on the files and thought: how did we react to Trump and his administration in his first term?" he said. "We landed on this idea of, with the Trump administration, [it's better to] react to what ...

TelstraSuper Balanced option makes 9.3%

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... was estimated to have fallen as low as 0.8% before rebounding to finish the year at 10.1%. Since the change in US administration, funds have returned an estimated 1.8% to members invested in the median balanced option." APRA's March statistics show that ...

Praemium scores mandate, sees FUA rise $6bn

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Praemium's administration solution Scope+ has been selected by Bell Financial Group to administer more than 2200 client portfolios. The partnership will see Praemium's funds under administration (FUA) grow by $6 billion to around $68 billion ...

Netwealth sees $15.8bn in net flows

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Netwealth has reported a $24.8 billion increase in total funds under administration (FUA), including a record $15.8 billion in FUA net flows. Total FUA at 30 June 2025 was at $112.8 billion, and increase of $8.7 billion for the quarter, including $3.8 ...

Brighter Super default members earn 11% in FY25

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
... have experienced through the year. Brighter Super members have also benefitted from their third successive year of administration fee reductions," Brighter Super chief investment officer Mark Rider said. In the accumulation options, Growth delivered ...

Licensee compliance head banned over fees for no service

MATTHEW WAI  |  WEDNESDAY, 9 JUL 2025
... year when its Australian financial services licence (AFSL) was cancelled after the group was placed into voluntary administration. The reportable situations regime requires licensees to notify ASIC of reportable situations. ASIC published its Regulatory ...

Future Group reveals super fund returns, fee changes

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... overall fees and costs, delivering $55 in annual savings per $50,000 invested for members on the standard asset administration fee rate. Other significant reductions include High Growth (0.16% reduction), Balanced Growth (0.15% reduction), and Growth ...

Insignia finalises 1300 staff transfer to SS&C

KARREN VERGARA  |  MONDAY, 7 JUL 2025
... in the master trust business to SS&C Technologies after striking a deal in February. Last week, staff working in administration, technology and digital teams that support Insignia's master trust business officially moved to SS&C. Insignia said members ...