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

Search Results

Showing 431 - 440 of 3996 results for "Administration"

Stake to operate under its own AFSL

ANDREW MCKEAN  |  MONDAY, 8 JUL 2024
... Since its launch in 2017, Stake has grown to serve over 500,000 customers and has over $2 billion in funds under administration.

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... Private. It has a 5% shareholding E&P Financial Group (EP1) via Armytage. The group has a total of funds under administration and management of more than $2.1 billion. "AWAG has an active pipeline of both EPS investments as well as the planned onboarding ...

Sequoia professional services lead exits, restructures business

KARREN VERGARA  |  THURSDAY, 4 JUL 2024
... four to two for the 2025 financial year. The new reporting units are licensee and adviser services, and legal and administration services. Licensee and adviser services comprises Interprac Financial Planning, Sequoia Financial Advice, as well as the ...

ATO seeks submissions on defining an 'employee'

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... 2023/4 for consultation which determines when a person is considered an employee under the Superannuation Guarantee (Administration) Act 1992 (SGAA). The draft update will bring into the tax ruling the ATO commissioner's views on when a person is ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... the likes of Deliveroo, whose Australian operations collapsed in 2022. In late 2021, GigSuper went into voluntary administration and appointed DW Advisory with the task of helping the troubled super fund. GigSuper had less than 200 members and $2.8 million ...

DASH secures $20m investment from Bailador

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... more Australians access to the advice they need to navigate the complex areas of financial planning and investment administration," he said. Meanwhile, Bailador Partner James Johnstone said: "Bailador seeks to make high conviction investments in premium ...

Equip Super reduces admin fees, introduces insurance fee

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
While their administration fees will fall, from next week many Equip Super members will begin paying an insurance fee calculated at 4% of premiums. From July 1, Equip Super is reducing administration fees across accumulation, defined benefit and retirement ...

Carlyle, Goldman Sachs give $1.6bn boost to Apex

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... further technology investment." Apex's assets on platform now sits at more than $4.66 trillion across custody, administration, depositary and under management. It has more than 13,000 employees in 50 jurisdictions. As at December 2023, Apex had some ...

Bennelong takes on fledgling boutique

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2024
... various sectors and regions and have a market cap of US$70 billion or less. Bennelong will provide distribution, administration, and business support. The fund aims to achieve a return net of fees that exceed the S&P Developed Markets MidSmallCap (AUD) ...

GBST, Wipro join forces on holistic administration service

ANDREW MCKEAN  |  WEDNESDAY, 19 JUN 2024
GBST has partnered with Indian technology conglomerate Wipro to deliver end-to-end administration services for superannuation funds and wealth management firms looking to move away from antiquated IT infrastructure. The collaboration combines GBST's ...