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Showing 41 - 50 of 826 results for "Administrator"

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... Equity Trustees will serve as trustee for the Hejaz Islamic Super and Pension offer. Acclaim Management steps in as administrator, while AIA Australia has secured its role as the insurer. Equity Trustees executive general manager of superannuation trustee ...

Blackwattle selects Apex Group for administration

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
Blackwattle Investment Partnershas selected Apex Group as the administrator amid the launch of its first four funds. Apex Group will provide the new boutique with technology-enabled fund administration, transfer agency, middle office and custody solutions. ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
EY cybersecurity leader for financial services Rohit Rao says the superannuation sector is lagging when it comes to cybersecurity processes, adding that increased consolidation has created more risk. In the latest episode of the Financial Standard podcast ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
ASIC has cancelled the Australian financial services licence of embattled crypto company FTX. The regulator explained that until 12 July 2024 the company may provide limited financial services that relate to the termination of existing derivatives with ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... environments. The collapsed Woodford Equity Income Fund is a case study of poor liquidity management. The fund's administrator Link Group recently settled with the FCA to compensate victims. When it comes to liquidity stress testing, a wide variety of ...

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... its contract again. Instead, the $72 billion industry fund has signed on with GROW Inc., which currently serves as administrator to its Mercy Super division following the two funds' merger in December 2022. The transition is expected to take place in ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... this regard has committed to rectifying this. Meantime, two trustees in the review were relying solely on their administrator to have a policy on consolidating multiple accounts and did not have any internal policies on doing so. ASIC said this contributed ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
Australian Ethical has chosen GROW Technology Services as its superannuation administration provider, marking the start of a multi-year transition. In a business update, Australian Ethical explained that following its merger with Christian Super, its ...

Rest extends Link partnership

JAMIE WILLIAMSON  |  FRIDAY, 26 MAY 2023
... officially renewed its mandate with Rest, with the industry fund signing on for another five years. In February, the administrator flagged it was in discussions with Rest and a renewal was likely. Today, it's confirmed a new contract has been signed ...