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Showing 851 - 860 of 3996 results for "Administration"

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
... the tool estimates projected super balances and how long a balance may last based on, among other things, assumed administration fees, insurance premiums and investment returns. According to the apology sent by Media Super, the fund realised in September ...

ASIC unveils details of FSCP operations

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
... believes that he or she is not a fit and proper person to provide advice or if the adviser becomes insolvent under administration. In addition, ASIC must issue a warning or reprimand in relation to certain misconduct. ASIC will do this or make a referral ...

Future Super acquires Aon's super business

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 DEC 2021
... best known for its smartMonday brand. The fund acquired Aon Solutions, which provides investment consulting and administration and encompasses the smartMonday brand. Trustee services for the fund are provided by Equity Trustees. Future Super said the ...

AMP to delist from NZX

JAMIE WILLIAMSON  |  WEDNESDAY, 22 DEC 2021
... from the New Zealand Exchange main board. AMP said the delisting supports the simplification of its shareholder administration ahead of demerging its Private Markets business early next year. There is a smaller number and lower level of holdings of shareholders ...

February 2022 adviser exam dates released

KARREN VERGARA  |  MONDAY, 20 DEC 2021
... 2022. ASIC enlisted the help of the Australian Council for Educational Research, which also facilitated the exam administration for the Financial Adviser Standards and Ethics Authority, which shuts down on December 31. "We are working with ACER to finalise ...

MySuper heatmap offers few surprises

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... investment returns (net of investment costs and taxes) for the last eight financial years versus a benchmark, and the administration fees for the last financial year versus a benchmark. If the fund slips below 0.5% when these two numbers are added, it ...

Iress partners with fund manager

KARREN VERGARA  |  MONDAY, 13 DEC 2021
... in one place, which has brought more transparency and efficiency to our workflow." Iress recently took over the administration of ESSSuper, whereby the super fund will cease to be its own administrator in March 2022. The decision to outsource the transactional ...

BT cuts super fees by $20m

ELIZABETH MCARTHUR  |  MONDAY, 13 DEC 2021
BT Financial Group cut fees for its MySuper and Choice members, almost halving their dollar-based annual administration fee from $108 to $56. BT said more than 470,000 members will have an automatic reduction in their annual administration fee from ...

More advisers fail FASEA exam

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... advisers who have not sat the exam twice before 1 January 2022 must pass by this date. ASIC will take over the administration of the exam from 1 January 2022.

Hostplus, Statewide formalise merger

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... trust into account, this takes Hostplus' funds under management to $92 billion. The merger will result in low administration fees, no asset-based administration fees, an expanded product range and greater investment opportunities, Statewide chief ...

Editor's Choice

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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