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Showing 321 - 330 of 4027 results for "Administration"

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
HUB24 expects its $121 billion in funds under administration (FUA) to surge even further as it takes on ClearView's superannuation and pension business, WealthFoundations. WealthFoundations will bring $1.3 billion in FUA via a successor fund transfer ...

Custodians revel in double-digit gains

JAMIE WILLIAMSON  |  TUESDAY, 18 FEB 2025
... assets - Apex Group's pool shrunk by 4% to $35.59 billion. That said, Apex Group has the most assets under administration (not held in custody) at $273.3 billion, up 17.3% since June 2024. When combined with its custody assets, Apex Group ranks sixth ...

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... processed. "That takes a lot of time. HUB24 is an example of a platform brining innovative solutions to help with the administration of these fee consents," he said. One of HUB24's new features is the ability for advisers to track all fee consent activities. ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ...

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 ...