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Showing 211 - 220 of 3995 results for "Administration"

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... those in uncompetitive, high fee products, MySuper products, cash, and term deposits." The central claims relate to administration fees charged on Flexible Lifetime Super accounts, MySuper accounts, and overcharging investment fees on cash and term deposits. ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
Aware Super is shaving up to 25% off administration fees for its retiree membership. The $190 billion fund is reducing the annual administration fee for retirement income and retirement transition members from June 1. The fee will drop from 0.23% of ...

ANZ Staff Super loses investment head

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025
... alongside extensive ANZ Bank experience across customer advocacy, risk and operations. She recently led the fund's administration transition from Mercer to MUFG, demonstrating operational expertise. For her part, Tait arrives with impressive corporate ...

Mason Stevens welcomes chief strategy officer

JAMIE WILLIAMSON  |  THURSDAY, 22 MAY 2025
... supporting the business on its growth trajectory." The platform provider currently has about $8 billion in funds under administration. "Peter's appointment reflects our ongoing commitment to hiring exceptional talent to drive the business forward," Mason ...

MLC Expand reduces fees

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... June 1. The change will see the account keeping fee for Expand Essential drop from $90 to $78 per annum, while the administration fee remains at 0.10% with the fee cap to apply for balances above $800,000, reduced from $1 million. Meanwhile, the account ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
... are within the $50 billion to $100 billion range. KPMG also found that, as of 30 June 2024, the average MySuper administration fee on a $50,000 balance was 0.36% within the retail fund sector - up 0.03% from FY23. In contrast, the average fee within ...

Alternatives spark 'real' opportunities for HNW advisers

MATTHEW WAI  |  TUESDAY, 20 MAY 2025
... "Platforms play a key role in helping advisers access the growing range of alternative assets while providing the administration, reporting, and execution support to implement them effectively," Orrock said. "The significant growth in funds allocated ...

Tariffs were never the answer: Experts

JAMIE WILLIAMSON  |  MONDAY, 19 MAY 2025
The tariffs doled out - and then largely wound back or paused by - the Trump administration are unlikely to help the US realise its economic priorities, an industry conference has heard. Opening the Stockbrokers and Investment Advisers Association's ...

Prime Super calls time on sustainable option

JAMIE WILLIAMSON  |  THURSDAY, 15 MAY 2025
... 4 will be moved over to the MySuper/Balanced option. The closure follows Prime Super announcing it will change administration fees and costs from July.

Citco secures powerful backer in global investment firm

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... strategic partnership with a large institutional investor. Citco, which has over US$2 trillion in assets under administration and operates across more than 30 countries, has partnered with Singapore's sovereign wealth fund GIC. GIC has taken a minority ...