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Showing 621 - 630 of 925 results for "Administrator"

Industry under-prepared for SuperStream: Bravura

MARK SMITH  |  MONDAY, 22 APR 2013
The financial services industry's back-office technology systems are woefully under-prepared for the government's SuperStream reforms, according to Bravura global head of investment product Darren Stevens. Part of the reason, he said, is that most institutions ...

KordaMentha appointed trustee to LM fund

LAURA MILLAN  |  TUESDAY, 16 APR 2013
The Supreme Court of Queensland has appointed KordaMentha and its affiliate firm, Calibre Capital Limited, as joint trustees of the LM Managed Performance Fund (LMPF). The Fund is the second largest mortgage investment fund in the LM group and has raised ...

ASIC charges former financial adviser

LAURA MILLAN  |  FRIDAY, 12 APR 2013
The Australian Securities and Investments Commission (ASIC) has charged a former financial adviser for failing to provide appropriate advice to clients. Kevin Maxwell George Whitting, of Rosebud, Victoria, provided inappropriate advice to five investors ...

ASIC suspends licence of LM Investment

LAURA MILLAN  |  WEDNESDAY, 10 APR 2013
The Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services licence (AFSL) of LM Investment Management Limited for two years following the company's voluntary administration. The AFSL suspension allows ...

Qantas Super appoints Mercer as administrator

MARK SMITH  |  FRIDAY, 5 APR 2013
The Qantas Superannuation Plan has appointed Mercer as its new administrator, replacing Russell Investments (Russell). The financial consulting giant will also provide call centre services to the 33,000-member, $6 billion plan. The decision follows ...

Aust custody and admin sector hits $2 trillion

MARK STORY  |  WEDNESDAY, 13 FEB 2013
... drive investors to move cash and fixed income assets into equity markets. NAB Asset Servicing remains the largest administrator in Australia with $379 billion in assets under administration, followed by BNP Paribas ($357 billion) and State Street ($182 ...

Link to take control of Russell administration

MARK SMITH  |  TUESDAY, 12 FEB 2013
Pressure on costs and the government's Stronger Super reforms have prompted Russell Investments to 'lift and shift' its superannuation administration operations to Link Group, it was announced yesterday. The new partnership sees Link Group integrate ...

One-stop admin and investment shops target SMSFs

MARK STORY  |  TUESDAY, 11 DEC 2012
... and cash are the two single biggest asset classes for SMSFs, he expects to see further consolidation of the fund administrator market by large-scale institutions successfully operating in the platform space. While many SMSFs will be attracted to the ...

Advice tech more than back office tool: JP Morgan

MARK SMITH  |  MONDAY, 10 DEC 2012
Advisors need to shed the perception of advice technology as a "back office" tool if they are to engage investors with their retirement income, according to a scaled advice software provider. J.P. Morgan's Donn Hess, speaking at a recent ASFA conference ...

CareSuper scoops SelectingSuper awards

BEN COLLINS  |  THURSDAY, 8 NOV 2012
... winners and finalists have demonstrated in the past 12 months," he said. Multiport took out the award for best SMSF administrator, earned by the service provider that offers to financial advisers and other intermediaries, such as accountants or brokers ...