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Showing 261 - 270 of 917 results for "Administrator"

Bain Capital begins restructure reckoning

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
Virgin will cut 3000 jobs, discontinue budget airline Tigerair, suspend long-haul international flights and simplify its fleet, as Bain Capital begins to restructure its new aviation group. The restructure reckoning focuses on six key areas; overhauling ...

ASIC suspends OTC derivatives issuer

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
The corporate regulator has suspended the Australian financial services licence of Union Standard International Group. The Sydney-based retail over-the-counter derivatives issuer operating as USGFX is suspended until September 23 under 915B of the Corporations ...

Administrators appointed to iProsperity

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... from COVID-19, resulting in administrators being appointed to the group. Cor Cordis has been appointed voluntary administrator to the companies in the iProsperity Group but their appointment does not extend to the underlying investment of funds managed ...

Administrators appointed to IPO Wealth

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
Voluntary administrators have been appointed to IPO Wealth, one of the main investment vehicles for embattled Mayfair 101. Darryl Kirk, Barry Wight and Rachel Burdett of turnaround and restructuring advisory firm Cor Cordis have been appointed as voluntary ...

Life insurance salary guide for 2020

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
A new salary guide has outlined what those in the life insurance industry can expect to get paid this year, as it's revealed many claims assessors are looking to move sideways due to a perceived lack of career growth. Profusion Group's June 2020 insurance ...

Industry fund appoints administrator

HARRISON WORLEY  |  TUESDAY, 2 JUN 2020
A $2 billion industry superannuation fund is set to go live with an automated superannuation administration service in early 2021 after inking a mandate with the firm. GuildSuper, the industry super fund for 80,000 people working in the pharmacy, childcare ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
In a surprise announcement this morning, IRESS made an offer to acquire OneVue, whose shareholders have been waiting on the company's previously-announced buyback and recovery of money owed to it by Sargon entities. IRESS is offering to buy all ...

Link feels impact of COVID-19

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2020
... fund members. As a result, about 5.4% of the payments resulted in the closure of those member accounts. Link is administrator for a number of super funds, including AustralianSuper, AMIST Super, BUSSQ, Cbus, HESTA and Hostplus. Link said it has seen ...

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... Executor Trustees. OneVue yesterday said $29.6 million had been paid into an account controlled by the voluntary administrator for the purpose of meeting claims by the VA, OneVue, Westpac, third parties who have asserted rights over intellectual property ...

Early release of super numbers revealed

ELIZABETH MCARTHUR  |  MONDAY, 4 MAY 2020
... flagged for extra verification, with those members likely to see their wait time extend past the five day period. "Our administrator AAS has a dedicated team working over the weekend to review and finalise these applications as quickly as possible. We ...