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Showing 381 - 390 of 5853 results for "Admin"

Prime Super calls time on sustainable option

JAMIE WILLIAMSON  |  THURSDAY, 15 MAY 2025
Prime Super will remove the SRI Balanced option from its investments lineup, saying its performance failed to meet expectations. The $8 billion industry superannuation fund will close the option on June 4, it confirmed. "After a period of observation ...

Citco secures powerful backer in global investment firm

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
Citco, a network of independent companies that provide asset-servicing solutions to the global alternative investment industry, has entered a long-term strategic partnership with a large institutional investor. Citco, which has over US$2 trillion in ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
Vision Super has defended a policy not to share member information to anyone it believes are located offshore, however the way in which the fund allegedly determines the location of an individual has caused a stir. Lifestyle Solutions Financial Planning's ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
Daniel Mulino is the new minister for financial services and assistant treasurer. Mulino was named in the position by Prime Minister Anthony Albanese yesterday. He brings a great deal of relevant experience to the portfolio. With an extensive background ...

Prime Super to change admin fees

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
Prime Super has announced changes to its administration fees and costs, which will take effect from 1 July 2025. For accumulation accounts, the fixed administration fee will decrease from $1.53 per week (subject to a 15% tax rebate) to $1.50 per week ...

'Lunatic' tariffs can directly hit Australia: Academics

KARREN VERGARA  |  MONDAY, 12 MAY 2025
Australia can get hurt by US President Donald Trump's 'incoherent' and 'lunatic' tariff policies that appear to have no logic or endgame if China's economy experiences a drastic slowdown, academics say. Australian National University ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
The US stock market has returned nearly twice as much as international markets since the Global Financial Crisis, which subsequently resulted in its share of global equity market capitalisation approaching almost 70% by the end of last year. History ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
... expected to end until June 2. A HESTA spokesperson told Financial Standard that during this time members are still paying admin fees and, even when the transition is complete, fees will not be lowered. When asked how continuing to charge admin fees during ...

Fed holds rates, but RBA still poised for a cut

ELIZA BAVIN  |  THURSDAY, 8 MAY 2025
The US Federal Reserve left interest rates on hold when it met overnight as it takes a "patient" stance while it awaits the inflationary impacts of US President Donald Trump's tariffs. The Fed noted that "uncertainty about the economic outlook has increased" ...

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
ASIC is again taking action against Macquarie Bank for "multiple and significant compliance failures" relating to its futures-dealing business and over-the-counter (OTC) derivatives trade reporting. The failures have been undetected for many years ...