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Showing 671 - 680 of 4038 results for "Administration"

Count completes Affinia acquisition

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... around 100 financial advisers to its community. Count said it now represents $16.8 billion in client funds under administration which it labelled as "strong growth" at a time when fewer financial advisers are coupled with unprecedented demand. Affinia ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
... investment banking. Prior to Lazard, Orszag served as the director of the office of management and budget in the Obama Administration. "Peter is the optimal choice as the next chief executive of Lazard," Lazard lead independent director Richard D. Parsons ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
MLC Life will pay $10 million, in addition to $12 million in remediation, for failing to pay promised rehabilitation benefits. The life insurer was penalised by the Federal Court after it was found guilty of several breaches of the ASIC Act, the Corporations ...

AEP, GSFM launch Australian film fund

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... Screen Investments will be the fund's trustee and GSFM will also be responsible for the distribution and back-office administration of the fund. AEP was launched last year and, while based in Melbourne, also has an office in Los Angeles, California. ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
... members to the financial position they'd be in if this incident hadn't occurred. This includes refunding administration fees and insurance costs deducted from impacted members' secondary account, along with lost earnings on these amounts. ...

AustralianSuper to refund 100k members

CHLOE WALKER  |  FRIDAY, 12 MAY 2023
... members to the financial position they would be in now if this hadn't occurred," it said. This may include refunding administration fees and any insurance costs deducted from impacted members' secondary account, along with lost earnings on these amounts. ...

High super balance tax needs work: Podcast

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... it's going to have to be administered through the tax office. I think they're going to struggle to get the administration seamless." Listen to the full episode here

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... measures the federal government has introduced, which includes buffering the rising costs of power bills and reducing administration burdens. Federal treasurer Jim Chalmers announced that the Small Business Energy Incentive will help about 3.8 million ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... $123.1 billion or 4% year on year. Macquarie Wrap's managed accounts offering saw a 33% jump in funds under administration to $10.5 billion. Overall, Macquarie Group recorded a net profit of $5.2 billion, up 10% on FY22. Some 71% of its income came ...

GBST acquires WealthConnect platform

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
... relationship management (CRM) and compliance system, built on Salesforce. The investment platform offers both back-office administration and front-end digital capabilities, streamlining workflows to help advisers manage client relationships, portfolios ...