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

Search Results

Showing 861 - 870 of 3999 results for "Administration"

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 ...

ESSSuper chief executive joins MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... project Fitzpatrick refers to is Project Voyager, which was initiated several years ago, overhauling the fund's administration. ESSSuper has always acted as its own administrator but partnered with Iress in 2019 to commence outsourcing the function. ...

IOOF completes platform overhaul

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... funds under management. In total, Evolve has about 275,000 adviser and client users with $41 billion in funds under administration. The migration promises new features such as better online advice-fee renewals, company account structures for IDPS accounts ...

Iress to take admin reigns at ESSSuper

JAMIE WILLIAMSON  |  FRIDAY, 3 DEC 2021
... late 2019 on Project Voyager, a strategic initiative undertaken to prepare the super fund for outsourcing of its administration. The decision to outsource the transactional elements of administration was made for several reasons, the fund told Financial ...

AvSuper hunts merger partner, launches EOI process

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
... Growth was one of 13 MySuper products to fail the performance test. Following this, the fund introduced a cap on administration fees and overhauled the strategic asset allocation of the Growth option.

Mine Super appoints chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... "Over the past five years, Vasyl has been an integral part of the executive team that has overseen a rebrand, new administration platform implementation, investment strategy overhaul, insurer change and risk transformation," Kelly said. "These efforts ...

New LGBTIQ investment option

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... through its Global LGBTIQ Emergency Fund, and its former executive director Jessica Stern was appointed in the Biden Administration as US Special Envoy to Advance the Rights of LGBTIQ Persons. Newday offers a range of impact portfolios focussing on climate ...

FPA overcharges members

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
... manager of policy and professionalism Phil Anderson told the hearing where most of its fees are spent. "We've got administration costs around membership systems, but a lot of it is advocacy-both our advocacy with government and regulators and also ...