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Showing 311 - 320 of 932 results for "Administrator"

IOOF profits fall 39%, advice margins drop

KANIKA SOOD  |  TUESDAY, 18 FEB 2020
... (0.36% to 0.31%). IOOF attributed the compression in advice segment's gross margins to repricing of third-party administrator revenue share. IOOF said Shadforth advisers have increased their clients' weighting to IOOF portfolio administration. Remediation ...

Westpac also owed money by Sargon

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... secured against Sargon CT Holdings Pty Ltd. This is one of the companies to which EY was appointed as the voluntary administrator on Monday afternoon. What triggered Sargon Capital's receivership? It is understood that last week's receivership ...

Asset manager to be liquidated

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... months in mid-January this year and by the end of the month had applied to have the company wound-up. A voluntary administrator was appointed on January 13 this year with McGrathNicol appointed as joint liquidators for the company. ASIC said its investigation ...

Phillip Kingston resigns from GrowthOps board

KANIKA SOOD  |  WEDNESDAY, 5 FEB 2020
Phillip Kingston has resigned from the board of ASX-listed Trimantium GrowthOps, as his Sargon Capital venture stays in receivership. GrowthOps provides services in creative, technology, coaching and leadership, according to ASX filings. Kingston is ...

Sargon companies in administration

KANIKA SOOD  |  MONDAY, 3 FEB 2020
Ernst & Young was this afternoon appointed as administrator for at least three Sargon-related companies, after the main holding company went into external administration last Wednesday. Sargon Superannuation Holdings, Sargon Services Pty Ltd and Sargon ...

SMSF data misleading: BGL

ALLY SELBY  |  FRIDAY, 31 JAN 2020
SMSF administrator BGL Corporate Solutions has called out ASIC over a "misleading" fact sheet it published and distributed to SMSF trustees last year. It comes after SMSF Association chief John Maroney slammed the regulator over the data used in the ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... said one of its creditors, Chinese state-owned insurance company Taiping Trustees has appointed McGrathNicol as administrator. Shaun Robert Fraser and Jason Preston have been appointed as the receivers and managers for Sargon, according to company filings. ...

Industry fund dumps Link

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... has ended its seven-year administration mandate with Link. AvSuper has appointed Mercer Administration Services as administrator following a competitive tender process. The result is a blow for competitor Link, who has held the AvSuper mandate since ...

Super fund rebrands

JAMIE WILLIAMSON  |  TUESDAY, 14 JAN 2020
... three of these calls each week. However, the problem was exacerbated last year when Mercer, ElectricSuper's administrator, won the mandate to provide admin services to the other fund too in late 2018. "That made things much more difficult," Szuster ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
The past year has served as the beginning of the superannuation industry's transformation. Yes, recent years have seen nothing but reform after reform, but 2019 has been something different entirely. The Productivity Commission and Royal Commission ...