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Showing 481 - 490 of 3995 results for "administration"

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... cover about 1556 claims Dixon Advisory claims. Many of the organisations the CSLR will work with are either in administration or in liquidation. "Where we can, we use all the available information and it really does sit with AFCA being able to get as ...

Super fund expenditure to be exposed

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... on the breakdown of expenses for the whole industry, and for each fund, by more detailed categories, including administration, advice, member services, marketing, trustee board (including director remuneration), and other corporate overheads such as ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... on its merger with Australian Retirement Trust (ART), flagging to members that they will likely see investment, administration, and insurance fees increase. AvSuper will join the $280 billion ART with its 2.3 million members on May 1. Public offer members ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... financial advisers of today are being asked to fund compensation for the clients of Dixons, a firm which has been in administration now since January 2022 - over two years ago and long predating the establishment of the scheme," she said. She warned ...

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
... additional $20 million over 18 months if certain milestones are met. Last year, Iress also sold its managed fund administration business to SS&C Technologies for $52 million. The current effective interest rate across Iress' drawn borrowings is approximately ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... more innovative and cost-effective ways for funds to find, engage and retain members, so they can drive down their administration fees and return more profit for members," he wrote. He also pointed out that Hostplus misled the government in its submission ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... concentrate on what they are good at without the time and cost of setting up their own managed investment scheme, administration and maintenance," a statement said. InvestSMART chair Paul Clitheroe said the launch of InvestSMART's white label platform ...

Iress share price jumps on takeover rumours

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... business in the UK and recently sold the OneVue Platform Business to Praemium, while SS&C scooped up the managed funds administration business for $52 million. Shortly after Price was appointed chief in 2022, he overhauled the executive team and laid ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... know what they're paying. We can stand behind 58 basis points. It includes everything, be it investment fee, administration fee and the cost to transact, and we're proud of that," he said. And while there's plenty happening in the superannuation ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... CSLR is designed to pay out compensation awarded by AFCA where the financial firm in question has entered external administration. It is unlikely Dixon Advisory will remain a member of AFCA after 8 April 2024. It is therefore probably now or never for ...