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Showing 511 - 520 of 4040 results for "Administration"

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... transfer, members of Engineering Super, Professional Super and Student Super will also see immediate savings on administration fees and costs that will outweigh an increase in investment fees. They will continue to pay a flat dollar-based admin fee or ...

Spaceship Super to land somewhere new

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2024
... transfer is to take place on May 17, with Spaceship saying members will see immediate benefits in the form of reduced administration fees and costs. And, while investment fees will increase, the reductions seen elsewhere will ensure members are overall ...

Praemium loses $700m due to adviser transitions

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
... adviser exits," he said. Despite the large outflows, Praemium still reported a strong quarter. Total funds under administration (FUA) rose 22% to $53.3 billion and the addition of OneVue Platform FUA of $4.1 billion brought total Platform FUA to $28.4 ...

Mine Super cuts fees, updates investment options

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
Mine Super is reducing the administration fees members pay next month as it moves forward with its merger with TWUSUPER. Effective May 20, the industry fund said administration fees will be lowered 25% from $52 to $39 per year for super members due ...

The Aussie wealthtech firms that are 'most innovative'

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... renewed a five-year contract with an Australian Tier 1 financial services organisation for its wealth management administration platform, Composer. Practifi chief executive Adrian Johnstone told Financial Standard that the company aims to be the "operational ...

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... the end of March. Some $79.7 billion in FUA, up 34% year on year, came directly from the platform. Its Portfolio Administration and Reporting Services' (PARS) FUA of $20.3 billion grew 16% over the year. The recently launched HUB24 Discover, which ...

Netwealth's share price rises following strong inflows

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
Netwealth's share price increased over 2% as the investment platform announced a $84.7 billion in funds under administration (FUA) as of March 31. The increase marks a $6.7 billion increase for the quarter, driven by $2.7 billion in net inflows and ...

GBST develops private equity platform

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... that were previously only available to institutional investors. It encompasses a website, online investor, and administration portal to accommodate Luna Partner's "growth and expansion" ambitions. GBST chief executive Rob DeDominicis said the firm ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... cases that bypassed IDR related to delayed claims; 69% came from service quality issues; and 62% accounted for administration error complaints. Bypassing IDRs has consequently aggravated wait times in AFCA allocating caseworkers to complainants. "We ...

Court delays DASS class action settlement approval

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... did not provide more details about the type of information Justice Thawley was seeking. DASS went into voluntary administration in January 2022. ASIC cancelled its licence on 5 April 2023. DASS comprises the glut of the Australian Financial Complaints ...