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Showing 761 - 770 of 3996 results for "administration"

Insignia Financial loses more advisers

CASSANDRA BALDINI | TUESDAY, 26 JUL 2022

... provides Insignia Financial with two flagship market positions in Shadforth and Bridges," he said. Its funds under administration also saw a decline; as of June 30 it reported $205.2 billion, a decrease of $15.1 billion (-6.9%) for the quarter. "The ...

Brighter Super simplifies investment menu

JAMIE WILLIAMSON | MONDAY, 25 JUL 2022

... strength. The increased size has enabled fee reductions of up to 28%, including the removal of a dollar-based weekly administration fee. Despite its new size, Brighter Super said it has maintained its boutique approach. Since the merger with Energy Super ...

Latest AFCA data shows big shifts in complaints

JAMIE WILLIAMSON | WEDNESDAY, 20 JUL 2022

... service quality did increase markedly, coming in at 774 in FY22 compared to 517 in FY21. Complaints about account administration errors also increased slightly, with 506 recorded in FY22 versus 487. The majority of other complaints received about super ...

HUB24 posts record platform inflows

ANDREW MCKEAN | TUESDAY, 19 JUL 2022

... platform annual net inflows of $11.7 billion, up 31.7% from the previous corresponding period (PCP). Total funds under administration (FUA) was $65.6 billion as of June 30. The FUA sum comprised of $49.7 billion (up 19.9% from the PCP) and portfolio ...

Praemium reports 92% flow increase

CHLOE WALKER | MONDAY, 18 JUL 2022

The investment platform now has $40.5 billion in funds under administration, up 10% on the same time last year. Additionally, Praemium's financial year net inflows were $2.9 billion, up 92% from its prior corresponding period. Unfortunately, gross inflows ...

Netwealth reports record inflows

ANDREW MCKEAN | FRIDAY, 15 JUL 2022

... its June 2022 quarterly business update to the ASX. The platform and investments business realised funds under administration (FUA) net inflows of $2.7 billion for the June quarter. However, Netwealth said that although June had been a strong quarter ...

Foord appoints Apex Group to support Australian launch

CASSANDRA BALDINI | TUESDAY, 12 JUL 2022

Foord Asset Management has appointed Apex Group to provide fund administration, transfer agency and custody services to its new Australia-domiciled fund. Foord recently announced its expansion into the local market with its Global Equity Australian ...

New chief executive at Industry Fund Services

JAMIE WILLIAMSON | FRIDAY, 8 JUL 2022

... with Industry Fund Services for more than seven years. Prior to joining he held a range of product management and administration roles at AMP and AXA. Commenting, he said: "I feel incredibly privileged to have the opportunity to lead an organisation ...

TWUSUPER adds fee to combat cross subsidisation

JAMIE WILLIAMSON | TUESDAY, 5 JUL 2022

The super fund will begin charging insured members an administration fee to make costs fairer for those without insurance. From August 1, TWUSUPER members with insurance cover will be charged 3% of their gross insurance premiums each month as a separate ...

Social impact fund to target essential workers

JAMIE WILLIAMSON | MONDAY, 4 JUL 2022

... essential worker is named as the owner on the Title and is free to decide when to buy and when to sell. They pay no administration fees or charges to the HOPE Fund and can pay down HOPE's equity share at any time. Upon selling, any capital gains ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

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

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

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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