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

Search Results

Showing 931 - 940 of 3999 results for "Administration"

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 ...

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... appreciate the many benefits of the Fiducian complaint process for their clients," chair Indy Singh said. The platform administration business recorded $2.9 billion in funds under administration, which comprises investments, superannuation and separately ...

Praemium FUA doubles, profit slips

ANNABELLE DICKSON  |  MONDAY, 16 AUG 2021
The platform recorded 105% growth in funds under administration in its full-year results while profit after tax dropped 68%. Praemium recorded $1.5 million in profit after tax down from $4.0 million in FY20. Overall, revenue increased 28% to $65.8 million ...

Industry associations slam last resort scheme

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
... red tape by requiring ASIC to administer invoices and payments and significantly increases the government's administration costs of the financial advice sector with little benefit to consumers, the associations said. "Responsibility for consumer ...

Record low CFA pass rate

ELIZABETH MCARTHUR  |  FRIDAY, 13 AUG 2021
The pass rate for the latest Chartered Financial Analyst exam hit a record low, with some theorising that the pandemic interfered with preparation. After news that level one candidates suffered a dismal pass rate of 25% for the May exam, level two and ...

Preqin acquires Colmore

KANIKA SOOD  |  THURSDAY, 12 AUG 2021
The alternatives research business has acquired private markets technology, services and administration business Colmore. The transaction closed on August 5. Colmore will be fully owned by Preqin and run as a standalone business. Colmore chief executive ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... was strong demand in investment research, investment operations, ESG/responsible investment, client services & administration, data & performance analytics, marketing, and risk & compliance. Risk and compliance continues to be a market with plenty of ...

New chief executive for JPMAM

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... selected for the top job in the region. He was most recently in J.P. Morgan's Singapore office as deputy chief administration officer for Asia Pacific. Creber is an Australian citizen and will relocate to Sydney for his new position, where he will report ...

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
... after tax. The funds management business saw FUM rise by 30% to $106 billion. Fidante Partners, the distribution, administration and business support services to affiliates, saw 92% of FUM outperform the benchmark over three years. The life unit sold ...