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Showing 291 - 300 of 3993 results for "administration"

Super's operational infrastructure 'not quite right'

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... reflect issues with the systems, process and staffing on the operational side, particularly in relation to member administration," the report said. "The likely root cause is that super is transitioning (quickly) from something of a cottage industry into ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2025
... ban would be regulated. It's already proposed ASIC would oversee enforcement as it is responsible for the general administration of the Insurance Contracts Act, however the consultation is looking to establish how this would interact with enforcement ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... and persistent weaknesses" in its operational risk management framework, as well as concerns related to insurance administration and outsourcing. Cbus will engage independent experts to review the root causes of APRA's concerns and prepare an integrated ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... saw an offer of debt finance - which was dependent on a capital raising - being withdrawn. The decision to enter administration follows a move by Yowie Group on February 6 to formally demand Keybridge repay a loan of $4.48 million as well as the outstanding ...

Chalmers 'managing pressures' to shore up economy

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
... whatever may come from the current global uncertainty. "All this is shaped by a pronounced slowdown in China, a new administration in the US with new priorities, and an uncertain outlook for Europe and the Middle East," he said. "The fourth economy is ...

Northern Trust scores mandate for $32bn infra business

MATTHEW WAI  |  WEDNESDAY, 5 FEB 2025
Northern Trust has become a global private capital administration partner of Igneo Infrastructure Partners, providing asset servicing solutions to the Australia-based infrastructure firm. The announcement comes shortly after the mandate expansion of ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... Crumlin and lawyer Lucy Weber, while O'Mara was reappointed by the CFMEU administrator - the union was put into administration. The administrator also removed BUSSQ board directors Jacqui Collie and Michael Ravbar last September, replacing them with ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... indices over the quarter, as well as net outflows," he said. "Corporate Trust delivered solid growth in funds under administration (FUA) totalling 2.5%, supported by growth across the majority of products in wealth management, the business delivered ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... rates in the US steady was no surprise to markets, Fed chair Jerome Powell flagged uncertainty around the new Trump administration's policies. Powell said the FOMC will not act until they have seen "much more than we've seen now", adding "we are not ...

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
... Praemium have both reported significant inflows in the December quarter. Netwealth reported record funds under administration (FUA) net inflows of $4.5 billion, 69.8% higher than the prior corresponding period, bringing 12 months inflows to $27.3 billion. ...