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Showing 1 - 10 of 130 results for "Insignia"

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... payments in March 2025. NAB remains liable for the settlement despite NULIS Nominees and MLC Nominees now being owned by Insignia Financial. This settlement marks the end to the final class action against companies within Insignia Financial, with a separate ...

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... The completion was marked by the conclusion of the Transition Service Agreement that Equity Trustees had in place with Insignia Financial to support the integration. Equity Trustees' managing director Mick O'Brien said the acquisition was exceeding expectations. ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... sustainability guarantees the system can meet the challenges of an ageing population and evolving workforce." Meantime, Insignia Financial chief executive Scott Hartley said that legislating the objective solidifies the shift in focus of the super system ...

Insignia completes MLC, NAB separation

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
Insignia Financial has completed the separation of MLC from NAB, transitioning the MLC MasterKey and Plum registries. Insignia Financial has transferred 700,000 MasterKey and Plum accounts, 55 systems and applications and more than 100 terabytes of ...

Mason Stevens bolsters distribution team

MATTHEW WAI  |  MONDAY, 18 NOV 2024
... relationship managers. Tang was an associate manager, client outcomes at Macquarie Group, while Kiendj was posted at Insignia Financial for over four years, most recently as relationship training manager. "The addition of Raymond and Sakaja further enriches ...

Insignia Financial eyes 'most efficient' title by 2030

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2024
Insignia Financial is hoping artificial intelligence (AI) and a direct-to-consumer superannuation push will see it become Australia's "leading and most efficient" wealth manager and save $200 million per annum by 2030. Revealing its five-year strategy ...

Insignia snags TAL executives for new retirement solutions team

MATTHEW WAI  |  MONDAY, 4 NOV 2024
Insignia Financial is creating a new team to drive innovation in retirement solutions for its MLC brand, to be led by TAL Australia's chief commercial officer Andrew Howard. Howard has been appointed as executive director, strategy and innovation. His ...

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
Insignia Financial saw a marginal increase to its funds under management and administration (FUMA) in the first quarter of FY25, however net outflows driven by institutional clients came in at $1 billion. Updating the market today, Insignia Financial ...

Asset managers need to improve performance: Morningstar

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... price performance for ASX-listed asset managers has been mixed. "GQG and Pinnacle are comfortably outperforming, with Insignia and Magellan modestly so. While Challenger is showing fundamental improvements, firm-specific issues are limiting gains. Perpetual ...

Expand bolsters SMA offerings amid $10bn milestone

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
Expand, Insignia Financial's wrap platform, has added 11 new separately managed accounts (SMA) from Betashares and Drummond Capital Partners to its investment menu. The announcement coincides with the platform hitting $10 billion in funds under management ...
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