Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 771 - 780 of 4043 results for "Administration"

HESTA changes administration fees

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
Administration fees will change for both super and pension members next year, with the fund saying its operational costs have increased. From February 2023, HESTA is reducing the dollar-based component of the administration fees paid by accumulation ...

Koda Capital, Redwood merge

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
... opportunity." Redwood has grown to a team of over 20 professionals with seven advisers supported by a strong investment and administration team. It adds over $5 million of additional revenue. Redwood former managing director and Koda adviser and partner ...

Choice performance test pause in members' best interests: Chant West

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
... provide more information on performance over various periods, risk-adjusted returns over different timeframes and an administration fees metric. This would provide a much fuller picture of overall performance," he said. Separately, commenting on the ...

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Netwealth's funds under administration (FUA) increased by $2.5 billion in the September quarter, now coming in at $58.1 billion. FUA has increased a total of $6.1 billion in the 12 months to September 30, despite negative markets. Funds under management ...

Worst performing super funds named

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
... remained the same or in some cases increased. "Several of the largest super funds in Australia have been increasing administration and investment fees to members despite growing in scale," it said. AustralianSuper is an example of this, having recently ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... feels that First Super is doing a pretty good job for members with returns, service relative to other funds and administration fees, and he's not bothered by the increasing intensity of regulatory scrutiny. "Those who look after other people's ...

APRA unmasks fund outsourcing impacts

ANDREW MCKEAN  |  THURSDAY, 6 OCT 2022
... assessed the management of outsourcing arrangements across 10 retail super trustees, covering four key services - administration, financial advice, investment management and insurance. APRA's observations focused on trustees' assessment of service providers' ...

Prime Financial acquires SMSF administrator

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... service lines being Accounting & Business Advisory, Wealth Management, Corporate Advisory and Capital, plus SMSF Administration services," Prime Financial Group's chairman and managing director Simon Madder said. "The Intello team will serve to accelerate ...

BNY Mellon appoints Australian executive

ANDREW MCKEAN  |  FRIDAY, 30 SEP 2022
... to him. Hodge has more than 30 years of experience in investment management, capital markets, payments and fund administration. He's worked across Europe, North America and the Asia Pacific. Despite his added responsibilities, Hodge will continue to ...

Iress wins Commonwealth Super Corp mandate

CHLOE WALKER  |  THURSDAY, 29 SEP 2022
... Superannuation Corporation (CSC) selected Iress as its new technology partner in a bid to improve member outcomes, reduce administration complexity and drive down the cost to serve through a digital-first approach. On an initial five-year contract, Iress ...