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Showing 611 - 620 of 3999 results for "Administration"

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
After almost a decade in partnership, HESTA has opted against renewing its administration services mandate with Link Group. Link first signed HESTA as a client nine years ago, with the most recent contract renewal coming in August 2020 for a three-year ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... off platform. "With our new Wealth Accelerator Multi Asset Portfolio Service, and specifically the non-custodial administration service, we are now able to remove the significant burden for many advice firms in managing these sometimes-time-consuming ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... distribution obligations, breach reporting, cyber and operational resilience, unlicensed advice, adviser registration, administration of the adviser exam, the Financial Services and Credit Panel, and the review of the Life Insurance Framework. The release ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... fees and costs, withdrawal or application processing or client service team," abrdn said. While the custody and administration of abrdn's international funds will continue to be serviced by Citibank, the SGH Australian equity funds will be serviced ...

Calastone, Schroders collaborate on tokenised investment vehicle

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... officer Adam Belding said the application of distributed ledger technology (DLT) and tokenisation across trading, administration, and distribution could foster potential transformations in the value chain. "We've been working with DLT for many years ...

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... deliberately diverse, representing a mix of industry, retail, and corporate super funds, with internal and outsourced administration arrangements, it said.

Advisers embrace less back-office burden

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... direction," he said. Kristine Pham, private wealth adviser at Lipman Burgon & Partners, said anything that streamlines administration for clients and compliance obligations for advisers is welcome. "This means we can focus more on managing and servicing ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... will receive compensation where it has been awarded but the firm is unable to pay, such as when a firm goes into administration," he said. The CSLR, however, does not cover managed investment schemes ; other industry bodies have lobbied for it to be ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... process, Westpac is going to keep hold of its platforms business, which holds about $131 billion in funds under administration. "Westpac will retain and continue to invest in the business, including the development of features to improve the adviser ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... account the nature of different trustee-directed products (TDPs) Jones is introducing changes to representative administration fees and expenses or RAFE for platform TDPs. These will be compared against the median RAFE of other platform TDPs. The investment ...