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Showing 41 - 50 of 5890 results for "Admin"

Netwealth profit hit by First Guardian costs

VINNY VUCAGO  |  WEDNESDAY, 26 AUG 2026
Netwealth reported record underlying earnings and funds under administration in FY26, though its statutory result was weighed down by $74 million in after-tax costs related to the First Guardian Master Fund collapse. The platform provider incurred a ...

Super business drives net inflows for Australian Ethical

KARREN VERGARA  |  TUESDAY, 25 AUG 2026
... administration to GROW Inc from Mercer in 2024, Australian Ethical said it has seen the benefits of the transition with admin and custody fees decreasing 16% over the year. The group posted underlying profit after tax of $27.3 million, up 15% annually. ...

AWAG's profit takes hit from geopolitics in FY26

MATTHEW WAI  |  TUESDAY, 25 AUG 2026
The Australian Wealth Advisors Group (AWAG) has reported a net profit after tax (NPAT) of $689,166 in the financial year ending June 30, down by some $360,000 compared to FY25. Revenue was also down 1.9% to $11.2 million, as AWAG explained the results ...

HESTA reduces fees, minimum balance for income stream

MATTHEW WAI  |  MONDAY, 24 AUG 2026
HESTA will reduce administration fees and lower the minimum balance required to start an income stream account from September 30. The fixed administration fee for all retirement products will be reduced by 16.7% to $65 p.a., while the asset-based fee ...

First Sentier awards mandate to Northern Trust

RIDDHIMA TALWANI  |  FRIDAY, 21 AUG 2026
First Sentier is consolidating its global asset servicing providers, mandating Northern Trust in Ireland and Singapore. Northern Trust has been appointed fund administrator and depositary for First Sentier's US$14 billion Irish fund, the First Sentier ...

Mulino brings New Class of Advisers to life, guarantees fairer CSLR funding

KARREN VERGARA  |  WEDNESDAY, 19 AUG 2026
Assistant treasurer Daniel Mulino will forge ahead with the New Class of Advisers (NCAs) as part of highly anticipated Delivering Better Financial Outcomes (DBFO) reforms and laid out a blueprint of how the Compensation Scheme of Last Resort (CSLR) ...

HUB24 loans $78m to HTFS, beefs up ORFR reserves

KARREN VERGARA  |  TUESDAY, 18 AUG 2026
HUB24 has advanced $77.5 million to HTFS Nominees, the trustee of its superannuation fund, to beef up Operational Risk Financial Requirement (ORFR) reserves following APRA's imposition of licence conditions. The loan comes off the back of APRA hitting ...

Viridian launches national broking business

VINNY VUCAGO  |  TUESDAY, 18 AUG 2026
Viridian Financial Group has launched Viridian Lending, bringing the mortgage broking operations under a single national brand as the group seeks to strengthen links between brokers and financial advisers. The launch completes the integration of the ...

HESTA follows Cbus on death benefit nomination changes

RIDDHIMA TALWANI  |  TUESDAY, 18 AUG 2026
HESTA has introduced an option for members to make a non-lapsing binding death benefit nomination. Recently, Cbus also rolled out changes to fund's death benefit nominations, where it offered new non-lapsing binding death benefit nominations allowing ...

Fiducian Group statutory profit falls 28%

MATTHEW WAI  |  MONDAY, 17 AUG 2026
Fiducian Group's statutory net profit after tax (NPAT) has slipped nearly 30% in the 12 months to June end compared to FY25 due to ASIC's penalty of $7.3 million imposed for greenwashing. Fiducian chair Inderjit Singh said excluding the non-recurring ...