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

Search Results

Showing 1 - 10 of 822 results for "Administrator"

Men, women in same occupation drive pay gap

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows. After analysing tax data, economic research organisation E61 Institute compared men and women of similar ...

ASIC consults on misconduct reporting rules

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
ASIC has released a consultation paper seeking feedback on updated regulatory guidelines for external administrators and controllers when reporting and lodging statutory reports about alleged misconduct. The proposed updates to Regulatory Guide 16 External ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... processing death benefits and insurance claims. Once AFCA raised the issue with the fund, the trustee blamed its administrator for failing to meet agreed service level agreement timeframes, as well as resourcing issues and internal process failures. ...

Perennial renews contract with SS&C

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... serviced Perennial's unlisted and dual-listed funds. The re-appointment follows Perennial selecting HSBC as its fund administrator and custodian. HSBC now provides global custody, fund administration, and ETF administration services to Perennial's ...

Wealth firm gears up to change administrator

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
Acclaim Wealth is preparing to conduct a data migration for its AMG Super Personal Pension Division next week, involving approximately 6000 members with funds under management of $1.6 billion. The migration will move these members from an old FNZ technology ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
The total number of superannuation funds in Australia will halve over the next decade, says Mercer. In its inaugural Shaping Super report, Mercer predicts the number of super funds in Australia will decline by another 30% over the next five years and ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... Thompson confirmed "we don't charge employers or employees". "Member acquisition costs are paid by the super fund administrator. Funds likely pass this cost onto members, which is why it's crucially important for us to create more innovative ...

GBST upgrades WealthConnect platform

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... fully harness its capabilities, adding ongoing investment and innovation were key. As such, the wealth management administrator said this upgrade will equip users with multi-entity scenario modelling, offering increased flexibility in modelling strategic ...

VanEck establishes foothold in Brisbane

ANDREW MCKEAN  |  TUESDAY, 27 FEB 2024
... brings over seven years of fund operations experience from State Street and recent expertise as a client service administrator at TCorp to her new role. VanEck chief executive and managing director Arian Neiron highlighted the company's rapid growth ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... with Milford contributed to our appointment as global custodian." Meantime, HSBC has also been appointed as fund administrator and custodian to Perennial Partners. It now provides global custody, fund administration and ETF administration services to ...
PREVIOUS
NEXT