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Showing 591 - 600 of 4006 results for "Accounts"

Insignia Financial promotes two key staffers

ELIZABETH FRY  |  MONDAY, 4 SEP 2023
... manager of platform solutions, where he worked with advisers and the distribution team as the specialist for managed accounts and platforms at IOOF. Before his four years with Insignia, Rockliff was an investment specialist and business development manager ...

Hostplus finalises merger with Maritime Super

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
... members, employers, and stakeholders. The consolidation has led to a transition of approximately 23,000 Maritime Super accounts, this added $6 billion to Hostplus' funds under management (FUM). Subsequently, Hostplus' FUM has surpassed $100 billion ...

AMG Super terminates MySuper offer

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... members." In a statement following the release of the performance test results today, Acclaim noted that the MySuper offering accounts for just 10% of its total portfolio. "We are working closely with Equity Trustees to ensure members invested in the ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... trustees. Looking at trustee-directed products on platform, APRA assessed 305 in total. This represents 196,000 member accounts, 24,000 of which are in failed products. By FUM, of the $19 billion held in the 305 products, $2.3 billion is in those that ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
... their converted defined benefit, based on having been a member to September 30. According to its unaudited financial accounts for the year to December 2022, the fund - which is also open to employees' spouses - had total member liabilities of $65.8 ...

Praemium reports strong growth in FY23

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... administration (FUA), up 9% on the year prior. It saw net inflows of $1.4 billion. As at June 30, Praemium's separately managed accounts (SMA) offering rose to $9.6 billion in FUA, having generated $865 million in net flows from an $8.1 billion base ...

ART, AvSuper closer to merging

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... place" in terms of planning and commencing for this transition, including organising the transfer of the defined benefits accounts to ART. AvSuper's Growth MySuper option returned 11.4% in the last financial year. "In a year of continuing market volatility ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... year on year. The UK strategy continues to progress to plan with RSS now administering approximately 1.6 million member accounts, up 60% over the last 12 months, Link said. "Adjusting for the HS Pension acquisition, RSS in the UK saw member numbers up ...

IMAP names annual award winners

JAMIE WILLIAMSON  |  MONDAY, 28 AUG 2023
... ceremony on August 24, saying that the quality and number of entries has continued to grow with each year as managed accounts mature in Australia. Perpetual Private took out the award for Licensee Managed Account, while Alvia Asset Partners took home ...

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... % of GDP in 2022 - 2023 to 5.6% of GDP in 2062-2063. The report indicated that the percentage of individuals holding accounts in the retirement phase, from which they receive a superannuation pension, is set to rise by 11%, surpassing the current 8%. ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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