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Showing 391 - 400 of 3995 results for "administration"

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... of the test, particularly the detrimental impact for some customers investing through wrap platforms." "Despite administration fees for the AMP wrap platform being among the lowest in the market, we are disappointed that a small subset of investment ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... our experience in supporting our superannuation client community and extend our suite of global custody and fund administration services to Vision Super," Paparo said. J.P. Morgan also secured a mandate last month to become the custodian for Spirit Super ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... made per year, and it will be taxed according to an individual's most recent income, as well as payment of any administration fees. President Cyril Ramaphosa said this new system will help spur South Africa's economic growth and will at the same ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
... which later merged with Print Super to become Media Super. He was also the first producer of the ACSA Investment Administration Conference in the 1990s. For several years he served as chair of IE Group, a provider of IT solutions to superannuation funds ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... Capital Markets and higher net worth marketplace," Crole said. Together with its other business unit, legal and administration services, the group reported total revenues of $124.6 million, a 26% jump year on year. More than $100 million of this came ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... revenue at $72 million. EQT's statutory net profit after tax was up 10% to $20.7 million. Funds under management, administration, advice, and supervision grew 27% year on year to $202.8 billion. "The outlook for FY25 benefits from the scaling down ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... model." It reported group net revenues of $1.4 billion, underpinned by higher average funds under management and administration (FUMA). Asset management net revenue decreased 6.1% in FY24, primarily because of the divestment of JANA in 1H23 and repricing ...

State Street partners with Taurus to expand digital asset services

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... institutional investors. The agreement will add tokenisation and digital custody services to State Street's existing fund administration and accounting capabilities for digital assets. Under the collaboration, State Street will leverage Taurus' products ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... highlights the ongoing issues with listed companies walking away from advice subsidiaries and placing them into administration. Dixon Advisory, which morphed into ASX-listed E&P Financial at the height of the US Masters Residential Property Fund (URF) ...

HUB24 sees profits jump 15%

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... The group will pay a fully franked dividend of 19.5 cents per share, to be paid on October 11. Total funds under administration (FUA) were up 30% to $104.7 billion with platform FUA increasing to $84.4 billion - up 35%. The number of advisers using the ...