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

Search Results

Showing 501 - 510 of 3995 results for "administration"

GBST raids SS&C for APAC head

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
... invaluable addition to our leadership," he said. "Jeff has both intimate knowledge of the Australian wealth management administration and advice solutions space, and a clear commitment to client delivery and success." At the same time, Hall said now ...

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
Netwealth is reporting a record increase in funds under administration (FUA), as it prepares to farewell its chief financial officer. In a quarterly update, Netwealth said a $6 billion increase in FUA in the December quarter has pushed its total FUA ...

Industry leaders celebrate Australia Day honours

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... Superannuation chair since 2014, chair Peter Lewinsky received a nod for his services to the community, public administration, and business. Financial Advice Association Australia (FAAA) non-executive director and chair of the finance, risk and audit ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... it progresses its simplification strategy. In a quarterly update, Insignia said its funds under management and administration grew by $7.5 billion to hit $300.6 billion at the end of 2023. The growth was seen in its funds under admin, which increased ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
Australian Ethical is transitioning its administration to Grow Inc in 2024, while also aspiring to accelerate growth in response to an increasing preference for ethical investments, says chief executive of superannuation Ross Piper. In an interview ...

Perpetual Corporate Trust adds staff

ELIZABETH FRY  |  MONDAY, 22 JAN 2024
... also included specialist fixed income digital platform, Treasury Direct, which had $21 billion in assets under administration. By adding Laminar's treasury direct digital platform, Perpetual Digital has created a specialist business focused on delivering ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
MSC Trustees has acquired Certane Corporate Trust, the fund administration and corporate trustee business formerly owned by the now-defunct Sargon Capital. Following the transaction settlement on January 12, MSC Trustees now has some $30 billion in ...

NGS Super finds new administrator

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... Mercer, which has been providing its services for 14 years. Following a review of the $14 billion super fund's administration operating model in February 2023, NGS Super chose G​ROW Inc ​(GROW)​​, hoping the new partnership will deliver efficiencies ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
Praemium's platform dedicated to the high-net-worth segment, Powerwrap, has lost $334 million in funds under administration (FUA) after a small number of financial advisers switched advice groups. The ASX-listed firm said the exit of advisers in the ...

Commonwealth Super Corp reworks admin fees

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2024
Commonwealth Superannuation Corporation (CSC) is changing the structure of its administration fees across ADF Super, the Public Sector Superannuation accumulation plan (PSSap) and CSC retirement income (CSCri). From March 1, members across these divisions ...