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Showing 21 - 30 of 503 results for "Master Trust"

'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 ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... absence of a superior proposal. This week, Insignia announced it is partnering with SS&C Technologies to transform its master trust business as part of its cost-cutting drive that is set to outsource more than 1000 of its employees to the fund administrator. ...

Insignia taps SS&C, outsources 1000 workers

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
Insignia Financial has tapped SS&C Technologies to transform its master trust business as part of its cost-cutting drive that is set to outsource more than 1000 of its employees to the fund administrator. The initial agreement sees SS&C providing technology ...

Top asset owners return to growth: Study

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
Assets of the top 100 asset owners globally returned to growth last year, with five Australian funds placed on the list and commanding 3% of the total assets. The Asset Owner 100 study from the Thinking Ahead Institute shows the world's top 100 asset ...

Insignia completes MLC, NAB separation

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... separation of the Pensions and Investments business from ANZ in 2022." He added that Insignia can now simplify its Master Trust capabilities and shift its focus to FY26 priorities, including its goal to save $200 million per year through to FY30.

Insignia Financial eyes 'most efficient' title by 2030

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2024
... Financial said it is looking to unlock scalable and sustainable growth across all four business lines - Advice, Wrap, Master Trust, and Asset Management. One of the ways Insignia plans to do this is through AI, particularly in the delivery of financial ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... ($1.9m), LGIAsuper ($1.7m), NGS Super ($1.2m), Maritime Super ($760k), Qantas Super ($476k), Russell Investments Master Trust ($245k), NESS Super ($86k), Prime Super ($58k), and legalsuper ($12.7k). Aware Super has the largest cohort of financial advisers ...