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Showing 251 - 260 of 932 results for "Administrator"

Industry fund reviews DB payments

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... chief executive Matt Pinnegar, and Statewide Super chief executive Tony D'Alessandro said: "Statewide Super as the administrator relies on councils to provide the fund with correct salary data for each employee." "Any potentially incorrect data provided ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... approval to pay US$3.95 million to the receiver with no further recourse against any Mainstream entity", the fund administrator said. "The proposed settlement is on a no admission of liability basis, and if court approval is received, the settlement ...

MMC acquires super fund administrator

KARREN VERGARA  |  MONDAY, 15 FEB 2021
A boutique superannuation administrator has been acquired by Kiwi firm MMC in a move to expand its presence in Australia. MMC is now the owner of Brisbane-based IFAA Group after it first bought a stake in March 2020 of nearly 50%. The total consideration ...

Perpetual awards custody mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
... proposed to take effect within the first half of the 2021 calendar year. "In our search for a new custodian and administrator, we were looking for a provider who could offer a high calibre service, as well as a breadth of solutions that were both innovative ...

ASIC cancels stockbroker AFSL

ANNABELLE DICKSON  |  WEDNESDAY, 13 JAN 2021
The corporate regulator has cancelled the Australian financial services licence of Halifax Investment Services nearly two years after it was placed into administration. The cancellation took effect from 8 January 2021 and allows the licence to operate ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... claims in their complaint to the OAIC: that AustralianSuper did not inform them their claim would be handled by an administrator instead of the insurer (which the OAIC did not agree with), and that the fund disclosed their personal information to lawyers ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... administration by one of its Chinese creditors, state-owned insurer Taiping Trustees, with McGrathNicol appointed as administrator. The event cast doubt over a number of Sargon's subsidiaries, including Madison Financial Group and Diversa Trustees. ...

Industry fund renews Link partnership

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
A $54 billion superannuation fund has reappointed Link Group as its administrator. Cbus will continue to use Link's services in the areas of administration, system integration, innovation, data supply and security. The partnership will also provide ...

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... suspended Union Standard's AFSL and two months later cancelled it. In the same month, BRI Ferrier was appointed as administrator. Liquidators were appointed on September 3. Shay Zakhaim was the chief executive of Union Standard, which traded as USGFX ...

Superhero to launch super fund

KARREN VERGARA  |  MONDAY, 14 DEC 2020
... average age of 30 with a minimum of $10,000. Diversa will act as the super fund's trustee and OneVue as its administrator. Superhero co-founder and chief executive John Winters said the firm initially set out with ambitions to tackle to superannuation ...