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Showing 261 - 270 of 4474 results for "Trustee"

Global investor services group enters Australia

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... assets, private credit and private equity. These market conditions are causing demand to rise for sophisticated, end-to-end trustee and loan administration solutions." IQ-EQ chief executive Mark Pesco said the investment marks a significant milestone ...

HUB24 sees record quarterly inflows of $4.9bn

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
HUB24 saw record platform inflows in Q3 of $4.9 billion, thanks to the large migration of $1.3 billion from Clearview WealthFoundations to HUB24 Super. Total funds under administration (FUA) reached $124.1 billion, up 24% on the prior corresponding ...

Apex awarded $2.3bn fund admin mandate

MATTHEW WAI  |  MONDAY, 14 APR 2025
Apex Group has been appointed to provide fund administration and transfer agency services for four retail products of an Australian credit manager, effective today. Mutual Limited will transition administration of the Mutual Cash Fund, Mutual Income ...

Paying more fees doesn't speed up superannuation death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
... fastest, in some cases, had the lowest fees. Of the superannuation trustees ASIC examined, the two fastest, Avanteos, the trustee of Colonial First State's FirstChoice Employer Super MySuper and Essential Super MySuper, and UniSuper, charged comparatively ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
The spate of cyberattacks targeting major Australian superannuation funds has laid bare a "critical vulnerability" in the sector's defences, according to financial services cybersecurity consultancy firm Software@Scale. The attacks, which have so ...

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... expects to take over Acurity upon finalising its acquisition of Iress in the second quarter of this year. Diversa is the trustee of several of APRA-regulated superannuation funds via an extended public offer licence. These include retail master trusts ...

Fortitude Investment Partners acquires majority stake in SMSF audit firm

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
Fortitude Investment Partners has acquired a majority stake in self-managed superannuation fund (SMSF) audit firm ASF Audits. The investment will improve ASF Audits' client experience and accelerate future growth; the primary capital investment ...

Talaria taps Equity Trustees as RE for three funds

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... Equity Trustees can offer the firm "enhanced capability and user experience." Equity Trustees' corporate and superannuation trustee services executive general manager Andrew Godfrey said the firm's role as responsible entity is to ensure strong governance ...

HMC Capital to launch new private equity vehicle

MATTHEW WAI  |  TUESDAY, 1 APR 2025
Building on its success, HMC Capital will relaunch the HMC Capital Partners Fund I with an expanded mandate. HMC Capital Partners Fund I (HMCCP Fund I) - predominantly targeting listed investments up to 10 positions - delivered more than 55% net returns ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
... (MLC), Rest, and UniSuper, found widespread failures. ASIC found examples of excessive delays and poor service, gaps in trustee data and reporting, and inconsistencies in some trustees' processes and procedures. ASIC also noted that communication and ...