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Showing 21 - 30 of 355 results for "Administrators"

Shield Master Fund terminated, new receivers for Keystone Asset Management

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... Marsal said. Last August, Scott Langdon, John Mouawad and Michael Korda of KordaMentha were appointed as voluntary administrators of Keystone. On 5 September 2024, the Federal Court ordered to remove the prior administrators and have Jason Tracy and ...

'We're not going anywhere': SS&C serious about Aussie expansion

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... to use and there's been a pretty big shift into private assets, which also creates a lot of differences for administrators, portfolio managers and investors. "You're not going to value a bridge daily, right? But at the same time, you have to ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... insurance benefits to members - even if they outsource that service to an insurer - they often act "at best" as administrators, "shuffling paperwork between the claimant and the insurer." "Despite their statutory obligations, my experience - and anecdotally ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
The Australian Securities and Investments Commission (ASIC) has written to superannuation trustees urging them to strengthen anti-scam practices, or risk exposing their members to harm. The open letter, signed by ASIC commissioner Simone Constant, outlined ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... Services) share price are just some examples prompting superannuation funds to reassess their relationships with administrators, the Finura's 2025 Wealth Tech Predictions report notes. This year, industry funds will likely "stop merely dabbling in ...

ASFA launches new initiative to fight financial crime

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
... enhance collaboration and knowledge sharing between funds and critical service providers including custodians, administrators, and tech providers; develop industry-wide frameworks to combat financial and cybercrime; connect the superannuation sector ...

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
The Federal Court has appointed new receivers and administrators to Keystone Asset Management, as ASIC attempts to identify where more than $100 million of investors' money has gone. The Federal Court appointed Jason Tracy and Lucica Palaghia of ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
... most companies enter administration in FY24 at 4634, followed by Victoria (2862) and Queensland at third with 2036 administrators appointed. Other states maintain the figure well below 800, with Northern Territory only seen 43 companies exercising the ...

Beaconsfield takes control of New Quantum

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... the sole secured creditor of New Quantum Holdings with $50 million invested, said the appointment of receivers or administrators does not directly affect New Quantum, Morrison Securities, or the other subsidiaries, which have independent management ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... independent corporate super fund. The fund ultimately chose ART because it's "one of the largest defined benefit administrators" and has the expertise to "administer a complex fund like Qantas Super," which comprises defined benefit and accumulation ...