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Showing 271 - 280 of 917 results for "Administrator"

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
PEXA's founding chief executive is understood to be advising Teddy Wasserman, as he readies a new group structure for Sargon's operating businesses. Marcus Price was the chief executive of Property Exchange Australia from 2010 to October last ...

Madison sale slated for May completion

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... Madison; is waiting to recover some amount from the sale of trustee and RE businesses that are currently under EY as an administrator; and recently, threatened to recover any balance of the $31 million that is not met by from the previous three options ...

Five day deadline tough but workable

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... them of the members that have been approved for early release of super. That bulk file will then be uploaded to the administrator's system. Bloch confirmed that Mercer expects payments to members to take around five days if there are no concerns with ...

Funds have five days to hand over cash: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
Once the Australian Tax Office approves a superannuation fund member to access up to $10,000 of their super early the fund will only have five days to hand over the money. As part of the government's economic stimulus package, those who have lost income ...

Sargon Capital to be liquidated

KANIKA SOOD  |  THURSDAY, 9 APR 2020
Sargon Capital's creditors yesterday voted unanimously to wind up the company, starting a liquidation process that could last 12 months. Taiping Trustees, which is Sargon Capital's only known secured creditor for about $97 million and other ...

OneVue marks territory on Sargon sale proceeds

KANIKA SOOD  |  MONDAY, 6 APR 2020
... Group. As a result, OneVue has asserted its vendors' lien over the sale of Diversa and CCSL. EY, as the voluntary administrator, has agreed not to distribute or deal with the total net proceeds of the sale until a further agreement is reached with ...

Charterhill founder incarcerated

ALLY SELBY  |  MONDAY, 6 APR 2020
The founder of Charterhill Group, which collapsed in 2014, has been sentenced to 10 years imprisonment, and will serve at least six of these behind bars. Charterhill Group, run by George Nowak, provided a "one stop shop" for SMSF clients; providing ...

SS&C secures platform mandate

HARRISON WORLEY  |  MONDAY, 6 APR 2020
... provider SS&C has been awarded a mandate to manage the wealth management platform of a local third-party investment administrator. Xplore Wealth has selected SS&C's global wealth platform (GWP) to underpin the entirety of the firm's operations. The firm ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... that will not be impacted by this scheme," he said. Elia added that Hostplus has been working extensively with its administrator, Link, to ensure it is ready for the onslaught. However, speaking to Financial Standard earlier this week, Link chief executive ...

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation. The prudential regulator asked superannuation ...