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Showing 391 - 400 of 4029 results for "Administration"

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 ...

Qantas Super lowers investment fees, updates cash option

KARREN VERGARA  |  WEDNESDAY, 30 OCT 2024
... from 0.90% to 0.81%. "Rather than being charged directly to you as a member and deducted from your account like an administration fee, these take the form of reduced earnings that are passed on to you via credited interest rates," Qantas Super said. ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... the FirstChoice Wholesale Personal Super, Wholesale Pension, and Wholesale Investments strategies will decrease administration and investment fees for some managers. The BlackRock Global Liquid Alternatives in Wholesale Personal Super, for example, will ...

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
... on the back of $6 billion (£3.1bn) in outflows in the third quarter. While abrdn's assets under management and administration (AUMA) grew 2% on the prior corresponding period, the outflows in its institutional and retail wealth business were worse than ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... had interest in. Meanwhile, Keystone Asset Management's Shield Master Fund is currently under receivership and administration by Jason Tracy and Lucica Palaghia of Deloitte. ASIC stated it intends to find out where more than $100 million worth of client ...

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
Insignia Financial saw a marginal increase to its funds under management and administration (FUMA) in the first quarter of FY25, however net outflows driven by institutional clients came in at $1 billion. Updating the market today, Insignia Financial ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... Afghanistan, Iraq, Syria, Libya, Yemen, Somalia, and Pakistan - outlets such as CNN and the LA Times report. "The [Obama] administration built secret drone bases and other facilities in Africa and the Middle East, and added troops and warships in the ...