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Showing 41 - 50 of 565 results for "Outsource"

Perpetual appoints demerger specialist

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
Perpetual Limited has recruited a chief transformation officer as the financial services giant continues to pursue the sale of its wealth management business. Song Hong joined Perpetual five months ago as a separation specialist when Perpetual was about ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... super funds is that, while they're ultimately responsible for providing insurance benefits to members - even if they outsource that service to an insurer - they often act "at best" as administrators, "shuffling paperwork between the claimant and the ...

Northern Trust scores mandate for $32bn infra business

MATTHEW WAI  |  WEDNESDAY, 5 FEB 2025
Northern Trust has become a global private capital administration partner of Igneo Infrastructure Partners, providing asset servicing solutions to the Australia-based infrastructure firm. The announcement comes shortly after the mandate expansion of ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... dabbling in technology" and make decisive moves toward insourcing as regulators made it clear to trustees they cannot outsource responsibility for member services. Prior to Iress announcing this morning that it will divest its superannuation business ...

Bennelong secures first trustee mandate

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bennelong has welcomed its first client, Paragon IM, following the expansion of its trustee services offering in October last year. Bennelong Funds Management is now the responsible entity (RE) for the Paragon Australia Long Short Fund. The fund invests ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... misrepresentations. ESSSuper and Iress first signed a deal in October 2019 for administration services, with the fund signing on to outsource its admin function to Iress' Automated Super Admin platform. Iress took the reigns in March 2022, with ESSSuper ...

PE firm acquires Mason Stevens

KARREN VERGARA  |  THURSDAY, 19 DEC 2024
A $2 billion private equity firm will acquire Mason Stevens for an undisclosed figure. Adamantem Capital has signed a binding agreement to acquire the managed accounts specialist. Mason Stevens chief executive Tim Yule said the transaction will deliver ...

Bain Capital bids for Insignia Financial

KARREN VERGARA  |  FRIDAY, 13 DEC 2024
... partnering with SS&C Technologies to transform its master trust business as part of its cost-cutting drive that is set to outsource more than 1000 of its employees to the fund administrator. The initial agreement sees SS&C providing technology and fund ...

Insignia taps SS&C, outsources 1000 workers

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... has tapped SS&C Technologies to transform its master trust business as part of its cost-cutting drive that is set to outsource more than 1000 of its employees to the fund administrator. The initial agreement sees SS&C providing technology and fund administration ...

GESB renews administration mandate

JAMIE WILLIAMSON  |  THURSDAY, 5 DEC 2024
The fund for Western Australian public sector workers has renewed its mandate with MUFG Retirement Solutions. MUFG Retirement Solutions, formerly Link Group, has held the mandate since July 2014 when the Western Australian government first outsourced ...