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Showing 331 - 340 of 923 results for "Administrator"

Consolidation hits super fund administrators

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
Two major fund administration providers are feeling the pinch of the new superannuation reforms. Link Administration told shareholders that the new Protecting Your Super Package laws will impact its earnings and operations in the 2019 financial year. ...

Calastone blockchain goes live

KANIKA SOOD  |  TUESDAY, 21 MAY 2019
The global funds network that has transacted for over 1100 funds in its Australian network has gone live with blockchain-powered infrastructure. Calastone has migrated 1800 customers from 41 markets to the new distributed market infrastructure (DMI). ...

Blue Sky enters receivership

KANIKA SOOD  |  MONDAY, 20 MAY 2019
The ASX-listed alternatives fund manager was placed in receivership this morning, as its financier exercised its rights after Blue Sky breached a term of its $50 million loan facility. Oaktree Capital Management has appointed restructuring specialist ...

NAB sells fund administration business

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
... managed funds services business, Ausmaq. Deutsche Borse has acquired the specialist managed funds and term deposit administrator through its international central securities depository subsidiary, Clearstream. The move will see Clearstream enter the ...

Northern Trust wins two mandates

KARREN VERGARA  |  MONDAY, 13 MAY 2019
... foreign exchange and associated services worth $14 billion. For the second mandate, Northern Trust will serve as administrator and depositary for Maple-Brown Abbott's US$600 million Irish-domiciled UCITS funds. According to Rainmaker, RBC Investor ...

Super funds grapple with PYSP deadline

KARREN VERGARA  |  FRIDAY, 10 MAY 2019
The looming Protecting Your Super reforms is putting some superannuation funds at risk of not meeting the deadline as they scramble to have compliant systems and processes in place. QMV principal consultant for legal and risk Jonathan Steffanoni says ...

SMSF gender gap reduces over time

HARRISON WORLEY  |  TUESDAY, 7 MAY 2019
... gap between men and women reduces over time in SMSFs yet remains significant. According to the self-managed super administrator, men have a 42% higher average balance than women when SMSFs are established. However, the gap reduces to 21% across all SMSFs ...

Industry fund awards group insurance mandate

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
... and rules, as well as streamline the claims process. "We will be working closely with TAL, AIA Australia and our administrator Australian Administration Services to ensure a smooth transition of our insurance arrangements," she said. Doyle added AIA ...

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... external vendors. Both use JANA as the asset consultant, NAB asset servicing as the custodian and Mercer as the administrator. They were also willing to have a skills-based board, a point over which Equip's attempt to merge with Energy Super fell ...

Admin change leaves super fund members in the dark

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
... data security. As for members being unable to access their accounts on the ATO website, Lander said its previous administrator Link had issues reporting account details to the ATO and that "we are in the process of rectifying this with the ATO." CareSuper ...