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

Search Results

Showing 41 - 50 of 2969 results for "mandate"

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... organisations to the VMA and VMAAS services." During the period, Praemium partnered with Complii and Core Data. It won a mandate from Mercer to provide VMAAS to service about 400 client portfolios.

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
The government has released the Corporations and Competition (CS Services) Instrument 2024, a new legislative proposal aimed at regulating clearing and settlement (CS) services. The proposed instrument, issued under the authority of assistant treasurer ...

JANA wins another NFP mandate

KARREN VERGARA  |  TUESDAY, 16 JAN 2024
Investment consultant JANA has scored a mandate from a charitable organisation that is the steward of some $1.6 billion in assets. Uniting Financial Services (UFS), the lending and investment arm of the Uniting Church Synod of New South Wales and the ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers Panel's mandate to include the requirement for mega super funds to consider the interests of individual investors in major transactions. ...

Zurich cleared by Federal Court in life insurance dispute

ANDREW MCKEAN  |  MONDAY, 8 JAN 2024
Zurich Australia has been cleared of breaching its duty of utmost good faith by the Federal Court, in a case connected to OnePath Life's avoidance of an income protection policy. The case marks ASIC's first attempt to impose a civil penalty under s13 ...

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... ties with NAB Asset Servicing (NAS) as it plans its exit. The $6.7 billion industry fund's decision to award the new mandate to Citi Securities Services follows NAB Asset Servicing announcing its intention to wind down custodial operations last November ...

Federal Court appoints receivers to investigate Brite Advisors

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
... Smith and Kirman will investigate Brite Advisors and its management of around $1 billion in client pension funds, with a mandate to report their findings to the court and ASIC within 42 days. The appointment of Smith and Kirman follows initial action ...

Rest awards mandate for member experience enhancement

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
Rest Super has contracted Reunion, a creative agency, to improve its member experience. Following a competitive tender, the nearly two-million-member strong superannuation fund said that it will work with Reunion to help members better understand and ...

Morningstar reveals Australian equities upgrades, downgrades

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... with considerable upside," Morningstar said. "However, Perpetual's value and quality bias and this strategy's industrials mandate mean that it excludes a large chunk of stocks in the broader Morningstar Category index." Investors Mutual All Industrials ...

AustralianSuper in talks to extend administration services mandate

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
AustralianSuper has signed a memorandum of understanding (MoU) with Link Group to negotiate an extension to their core administration services partnership. Link Group's Retirement and Superannuation Solutions (RSS) business and AustralianSuper will ...