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Showing 491 - 500 of 3995 results for "administration"

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... that aim to improve their capabilities in providing member experiences and services. Digitisation, improving their administration model, and seeing where artificial intelligence (AI) can play a role are some examples. "Increased competition, the need ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... met. IOPB offers financial products and services that include superannuation, non-superannuation, and custody and administration. Last October, Iress sold its managed funds administration (MFA) business to SS&C for $52 million. Iress took over OneVue ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
HSBC's local custody business may be turning its fortunes around, growing its assets under custody and administration by close to 40% with two fresh mandate wins. According to the latest Australian Custodial Services Association (ACSA) statistics, HSBC ...

Insignia details transformation progress

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... due to increased spend on infrastructure and cybersecurity. Revenues were up 1% on the back of higher funds under administration, which came in at $215.1 billion - up 6.9%. Meantime, underlying NPAT for the asset management segment declined $4.6 million ...

Future Group commences organisational restructure

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
... restructuring involves merging separate marketing departments into a singular group marketing function and streamlining administration and backend processes onto one platform. "Whilst we are undertaking more detailed consultations with our team members ...

Fund manager awards custody mandate

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... strategic review and mandate losses. Citi Securities Services has some US$29.2 trillion in global assets under administration and custody.

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... seeking compensation for insurance premiums which we allege were unfairly deducted, as well as investment returns and administration costs." The action is being funded by Woodsford. "Everyday Australians trust their superannuation funds to look after ...

Platforms ramp up innovation, back-end efficiencies

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... menus. These offerings, he said, leverage scale and manager relationships to deliver zero or discounted platform administration fees to clients, targeting a total cost to client of less than 1%. For retirement products, AMP's MyNorth Lifetime leads the ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... 23% higher at $6.84 million. Contributing was a 10% increase in revenues, 9% increase in funds under management, administration and advice (FUMAA) to $12.9 billion, and funds under management were 18% higher at $4.8 billion. It added that FUMAA is already ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
The family who rescued Darrell Lea from voluntary administration more than a decade ago has now saved iconic dessert brand, Sara Lee. Sara Lee's administrators at FTI Consulting announced on Monday that the company, which went into voluntary administration ...