Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 401 - 410 of 3995 results for "administration"

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... introduced the trustee fee in 2022 following changes to super law. "The trustee fee currently forms part of your administration fees and costs (0.0165% p.a. of your account balance) and investment fees and costs (0.0155% p.a. of your account balance ...

State Street receives Shariah-compliant certificate

MATTHEW WAI  |  FRIDAY, 16 AUG 2024
State Street Corporation now offers Shariah-compliant global custody and fund administration services. The announcement follows the company attaining a Shariah-compliant certificate from Amanie Advisors, a Shariah advisory firm. The Islamic finance ...

Fiducian posts strong result, share price jumps

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... inorganic growth, while further acquisitions of client bases continue to be negotiated," Singh said. Regarding platform administration, he added that Fiducian platforms for its financial advisers are now complemented by its offering for the external ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... Morgan, Brighter Super swapping to State Street, and Equip Super moving to Northern Trust. As for assets under administration, Northern Trust tops the ranks with $261 billion, followed by J.P. Morgan and Apex Group.

Expand bolsters SMA menu

MATTHEW WAI  |  TUESDAY, 13 AUG 2024
... to Expand earlier this year. Since its launch in 2019, Expand has gained over $75 billion in total funds under administration and 210,000 clients.

Trump victory will jostle trade war, interest rates: Morningstar

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... electrification and green power," he said. Fortescue, on the other hand, will like face headwinds under a Trump administration. "With steel exports from China set to face headwinds, and the company's mines relatively high on the cost curve, Fortescue's ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... liquidations. In addition, ASIC's annual insolvency data found more than 11,000 companies entered external administration for the first time in 2023-24. Overall, the number of external administrations grew by 39% in 2023-24 compared to 2022-23.

Vision Super closes property, infrastructure options

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2024
... would make the option cheaper for members. Members will pay $78 per annum plus 0.14% of their account balance in administration fees and costs, plus investment fees of 0.11% and 0.01% of transaction costs. On a $50,000 balance, a member will pay an estimated ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... Hewish's ban being recorded on ASIC's banned and disqualified register, he and UGC, which was placed into voluntary administration last month, are appealing the regulator's decision at the Administrative Appeals Tribunal. Meanwhile, ASIC is pressing ...

BlackRock bolsters suite of SMAs

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... portfolios are available at an all-in SMA fee of 0.74%-0.85% p.a. across the risk profiles, excluding platform administration fees. The portfolios are designed to provide advisers with access to BlackRock's global active investment capabilities within ...