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Showing 1 - 10 of 322 results for "Administrators"

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... requirements." The consequences for third-party providers supporting the system are clear, Mercer said, looking at administrators, custodians, insurers, investment managers and asset consultants, and actuaries and auditors. Having already reduced in ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... Lea from voluntary administration more than a decade ago has now saved iconic dessert brand, Sara Lee. Sara Lee's administrators at FTI Consulting announced on Monday that the company, which went into voluntary administration last year, had been purchased ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... failing to secure a buyer in September. WLP Restructuring partners Alan Walker and Glenn Livingstone were appointed administrators shortly after. Equity Trustees, as responsible entity and issuer of the Australian Corporate Bond Trust, said the XTBs ...

Calastone appoints new local head

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
... She'll continue to maintain strong ties with Calastone's diverse client base, including fund managers, platform administrators, and unit registries, and will focus on driving and supporting new business initiatives as the industry evolves, the ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
... consumers to have their employer pay super contributions into a super account that was not theirs so as to deceive fund administrators who believed them to be retired; and telling consumers they could access their super because they had reached preservation ...

Legacy issues, business overhaul plague E&P results

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... regulatory investigations and proceedings related to legacy issues; the ongoing impact of the appointment of voluntary administrators to DASS in January 2022 and subsequent creditor approved Deed of Company Arrangement (DOCA). The E&P Funds business ...

Foresters Financial launches tax-effective education bond

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... for their children's education. The education bond operates under a "scholarship plan" framework, allowing bond administrators to benefit from tax deductions. These deductions are then available to investors when they access funds for education expenses. ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... them that in the FCA's general view, ESG disclosures are poor. "There were often instances where benchmark administrators did not provide sufficient detail and description of the ESG factors considered in their benchmark methodologies," the FCA said. ...

Super sector falling behind in cyber security: Podcast

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... manages. "If you think about the systems and the process that are outsourced to IT service providers, the back-end administrators, even mail houses, there's probably been an assumption that cyber is the service provider's responsibility," he said. "Frankly ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... extended to 24 July 2023. KordaMentha partners John Mouawad, Scott Langdon and Rahul Goyal were appointed as voluntary administrators of FTX Australia and its subsidiary, FTX Express Pty Ltd, which operates a digital currency exchange not regulated by ...
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