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Showing 351 - 360 of 3995 results for "Administration"

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... incredible value in that relationship," Fok said. At that point Bragg, seemingly confused as to what the union being in administration actually means, asked how Cbus can continue to support "a union that no longer exists." "The union does exist, that's ...

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... SelfWealth's November 12 closing share price of 12 cents. SelfWealth has nearly 130,000 active portfolios and funds under administration (FUA) of about $11 billion. The transaction will see BFG's FUA rise to $94 billion. At the end of June, SelfWealth ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... ASIC said Cbus also failed to regularly assess scale of delays within its outsourced service provider, Australian Administration Services, a subsidiary of MUFG Pension and Market Services, formerly Link Group. ASIC also claims that Cbus was made aware ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... threshold will make a fairer and more inclusive super system. It would also be beneficial to employers in simplifying administration work such as the need to track hours (in relation to the threshold) and lessens risks of underpayment, she added. "It ...

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... of contract and pre-contractual misrepresentations. ESSSuper and Iress first signed a deal in October 2019 for administration services, with the fund signing on to outsource its admin function to Iress' Automated Super Admin platform. Iress took ...

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... multi-asset division, Tim Murray said. "In stock markets, US small caps could benefit from Trump's win, especially if his administration rolls back regulation and takes a softer stance on M&A," Murray said. "Small businesses have been cautious leading ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... proceedings brought against it. Westpac said while the class action filed against BT Financial Group, Westpac Securities Administration and Westpac Life Insurance (now known as TAL Life Insurance) in October 2023 reached a settlement in September 2024 ...

GROW Inc. chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... Super alongside Josh Wilson in 2016, which rebranded to GROW Inc in 2021 when the group opted to shift its focus to administration; the superannuation product was closed in 2022. GROW Inc. has also set its sights on other industry verticals, including ...

Super complaints rise in FY24: AFCA

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... accounted for about 7% of total complaints, highlighting ongoing challenges within the superannuation system. Account administration issues led the complaints, with 4391 cases reported, a 1% increase from the previous year. "These complaints typically ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... and sponsorship spending was 5.5% of the aggregate data, accounting for $12.97 per year per member account, while administration services accounted for 24%. "In a landscape where funds have delivered consistently strong returns for members, ASFA emphasises ...