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Showing 301 - 310 of 3995 results for "Administration"

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. ...

Australian Ethical 'cautious' on valuations

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
... $101 million were below recent quarters, due to a seven-week services disruption in October for the transition of administration services to GROW Inc. from Mercer. Investments net flows were $72 million with positive inflows from not-for-profit organisations ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
... high-net-worths and small institutions, it said. Elsewhere, the master trust business saw an increase in its funds under administration (FUA) of $1.5 billion, offset by net outflows of $665 million and pension payments of $319 million. The advised channel ...

HUB24 shutters Xplore Wealth MDA services

ANDREW MCKEAN  |  TUESDAY, 21 JAN 2025
... with financial advisers to explore alternative options. The Xplore Wealth MDA has around $2 billion in funds under administration (FUA) and the company noted in an ASX announcement that due to the nature of this solution there's potential for outflows. ...

Trump inaugurated as 47th President

ELIZA BAVIN  |  TUESDAY, 21 JAN 2025
... opportunities for investors, deVere chief executive Nigel Green said. Trump took to the podium to reaffirm his administration's commitment to "drill baby, drill". "The energy sector will undoubtedly be the most immediate beneficiary of this sweeping ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
More companies will divest their superannuation administration offerings in 2025, according to Finura, as super funds potentially move this service in-house amid tighter scrutiny from the regulators. ASIC suing Cbus for poor member claims experience ...

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025
... $101 million were below recent quarters, due to a seven-week services disruption in October for the transition of administration services to GROW Inc. from Mercer. Investments net flows were $72 million with positive inflows from not-for-profit organisations ...

APG to invest exclusively for ABP

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... APG customers have transitioned to the renewed pension system. APG said that it will continue to provide pension administration services for multiple clients, so that it can benefit from economies of scale, but it will set up teams in this part that ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... from April to November 2024 compared with the prior same period. Legalsuper also reported a 23% cut in the weekly administration fee from $1.30 per week down to 0.99 per cent per week, effective 30 November 2024. "This combination of solid and sustained ...