Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 221 - 230 of 4070 results for "Administration"

AMP lifts advisers' efficiency game with Grow

MATTHEW WAI  |  MONDAY, 1 SEP 2025
... investments from other menus. The new North Grow allows advisers to simplify pricing, with no account fees and tiered administration fees, creating a cost-effective solution for clients. Grow also offers family fee aggregation for multi-generational ...

AMP, Insignia, Bendigo products fail super performance test

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... passed the 2025 performance test." Of the products that failed, five of them did so due to a combination of high administration fees and costs and relatively poor investment strategy implementation. Overall, median fees and costs for members were lower ...

K2 Asset Management seeks M&A partners

KARREN VERGARA  |  FRIDAY, 29 AUG 2025
... flagged it is "now actively exploring mergers and acquisitions". KAM's responsible entity (RE), trustee and administration business drove FUM growth in the 12 months to June, reaching $4.7 billion. Its ETFs and listed fund services had $303.3 million ...

NGS Super readies for admin transformation

JAMIE WILLIAMSON  |  WEDNESDAY, 27 AUG 2025
After close to a year-long delay, NGS Super will begin transferring its administration services to GROW Inc. in October. In May 2024, NGS Super announced it was ending a long-standing administration services arrangement with Mercer, instead handing ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
... 'super' in the business name. Earlier this year, several Supercare Dental and Cosmetics branches were placed into administration after becoming insolvent; some had received complaints regarding defective work, with some complainants having used their ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was driven by Spectrum's net inflows of $848 million. OneVue net outflows were $322 million. Praemium's ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... The closest competitor in this space is Citigroup at $338.5 billion. Meantime, Apex Group leads on assets under administration (not held in custody) at $298.4 billion. The winding down of NAB Asset Servicing continues, with it still holding about $240 ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... Operating expenses were down 5.9% or $60 million. Over the year, Insignia's average funds under management and administration increased 7% to $323 billion. The biggest improvements were seen in the Advice unit, which now just includes Bridges and Shadforth. ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... financial year ending June 30, recording "exceptional growth" across all key metrics. Netwealth recorded funds under administration (FUA) of $112.8 billion, which was a 28.2% surge from FY24, while total income came in at $324.4 million, an increase ...

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Equity Trustees saw funds under administration and supervision (FUMAS) rise 28% to $254 billion in FY25. In addition, revenue rose 7% to $182.5 million, statutory net profit after tax rose 60.4% to $33.2 million, and underlying net profit before tax ...