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Showing 441 - 450 of 4032 results for "Administration"

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 ...

Cbus unleashes raft of fee changes

ELIZA BAVIN  |  TUESDAY, 30 JUL 2024
Cbus has dropped its administration fee from $1.50 per week to $1 per week from September 28, saving members $26 per year. The total administration fees are made up of a weekly and percentage fee, so while the weekly fee has changed the percentage fee ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
ASIC's annual insolvency data shows more than 11,000 companies entered external administration for the first time last financial year. While the figure is higher than previous peaks in 2011-12 and 2012-13, ASIC clarified that there are more businesses ...

SMSFs thrive amid ATO compliance complications

MATTHEW WAI  |  THURSDAY, 25 JUL 2024
... one reason for windups and mentioned by a growing chorus of advisers and accountants as well," Guiamatsia said. Administration and compliance issues have compiled ahead of client's investment selection, which has recently been more independent from the ...