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Showing 921 - 930 of 3997 results for "Administration"

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... Australian Ethical and Russell Investments will be among the biggest beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia. The new performance test set under the Your Future ...

Link profit slips

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... full-year results which it attributed to an impairment charge in its banking and credit management (BCM) division. The administration software business recorded a non-cash impairment charge of $182.8 million against the goodwill and software assets of ...

Adviser support services a boon for Sequoia

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... advisers and accountants; online brokerage; and clearing and settlements services. As for its self-managed super fund administration offering, Crole said with about 10,000 accounting firms operating in Australia, Sequoia holds about 25% of the market ...

HUB24 profits, inflows rise

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... net profit as inflows continued to rise following the acquisition of Xplore Wealth and Ord Minnett's Portfolio Administration and Reporting Service (PARS). In its full-year results, HUB24 reported an underlying NPAT of $15 million, up 53% on FY20 and ...

Super fund reduces fees

JAMIE WILLIAMSON  |  MONDAY, 23 AUG 2021
A $10 billion industry superannuation fund dropped administration and investment fees for its 86,000 members. Australian Catholic Superannuation and Retirement Fund has reduced asset-based administration fees to 0.19% for each account balance, meaning ...

Super unit boosts Equity Trustees performance

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... its areas of strength as well as improving transparency," he said. In total, the firm's funds under management, administration and supervision (FUMAS) jumped 43% to $144 billon, its full-year results to June 2021 show. Total FUMAS was also boosted by ...

Iress steady amid OneVue integration

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
... earnings in the second half to accelerate thanks to improved contribution from OneVue, the go-live of Guild in super administration and two new live clients in UK mortgages with a strong revenue pipeline for the UK business.

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... funds it thinks will fail the test a second time. In final YFYS regulations the government changed its stance on administration fees, moving to testing on only last year's administration fees instead of eight years' average in the APRA performance ...

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
The platform recorded net profit gains and a substantial increase in funds under administration as it expects inflows to hit $10 billion in the next financial year. In its full-year results, Netwealth posted a 23.9% increase in net profit to $54.1 million. ...

Franklin Templeton appoints unit registry provider

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... Group as its unit registry provider. Iress will handle the function for legacy Legg Mason funds. Iress will provide administration services, fully integrated digital tools and trading interfaces for investors. This is a part of Iress's Digital 360 ...