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Showing 21 - 30 of 509 results for "Master Trust"

Insignia finalises 1300 staff transfer to SS&C

KARREN VERGARA  |  MONDAY, 7 JUL 2025
Insignia Financial has finalised the outsourcing of about 1300 staff who worked in the master trust business to SS&C Technologies after striking a deal in February. Last week, staff working in administration, technology and digital teams that support ...

Iress completes sale of super business

MATTHEW WAI  |  MONDAY, 2 JUN 2025
... Group's aggressive expansion in Australia, which secured a mandate to administer Diversa Trustees' $7 billion master trust business in April, and made several key appointments earlier in the year.

Age-based super strategies could add thousands to retirement savings

ANDREW MCKEAN  |  THURSDAY, 22 MAY 2025
... strategies, according to analysis from Russell Investments. Russell Investments, the operator of the Russell Investments Master Trust, which manages $12 billion in assets and serves over 80,000 members across various super offerings, estimated this would ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... $393 million. The MLC Expand Advised products saw close to $500 million in net inflows in the quarter. The super, or Master Trust, division was also down 1.9% - again, on the back of market volatility and pension payments of more than $300 million. It ...

Apex awarded $2.3bn fund admin mandate

MATTHEW WAI  |  MONDAY, 14 APR 2025
... said. The announcement follows a mandate for Apex's superannuation business to administer Diversa Trustees $7 billion master trust business at the start of the month. Under the agreement, Mutual Limited's adviser network will benefit from Apex's streamlined ...

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
Apex Group has won a mandate to administer Diversa Trustees' $7 billion master trust business. Diversa will use Apex Superannuation going forward, part of which means utilising Iress' Acurity platform. Iress offloaded its superannuation business to ...

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

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... entering into an agreement with Insignia Financial in December last year to take on around 1400 staff and transform its master trust business, SS&C is eyeing significantly more market share in Australia. Speaking to Financial Standard, SS&C global chair ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... due to growth in the managed accounts business, and operating expenses improved 18.3% at $50 million. Finally, the Master Trust business had an 8.8% increase in net revenues to $372.8 million, UNPAT jumped nearly 33% to $90.6 million, and operating expenses ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
... Private Equity Co-investment Fund, with investment from high-net-worths and small institutions, it said. Elsewhere, the master trust business saw an increase in its funds under administration (FUA) of $1.5 billion, offset by net outflows of $665 million ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... introducing a new structure that would centre around four dedicated lines of business: asset management, superannuation (Master Trust), wrap platform and advice. Insignia has stuck to avoiding takeover offers, having rejected a $2 billion bid from Bain ...