Pentafin, a provider of integrated administration systems for retail financial services groups, has flagged that the significant Ascalon ownership it inherited through its merger with Direct Portfolio Services will not last long-term.
New ops head for RBC Dexia
The head of fund services at custodian RBC Dexia, Gordon Little, has been promoted to a widened role.
The Police get an automatic…administratively speaking
Pillar Administration has implemented Financial Synergy’s flagship software, Acurity, to automate the benefit payment calculations for another of its superannuation clients.
Beasley widens brief for Ascend resources fund
Alan Beasley’s Ascend Asset Management has rejigged its product suite, including widening the brief for its former small resources fund.
Colonial First State pulls plug on SMSF division
Colonial First State has abandoned its two-year old self-managed super administration platform, YourChoice, with clients informed yesterday they would be transferred to an ING-owned alternative.
LGSS shifts insurance out-of-house
The $6.1 billion NSW Local Government Superannuation Scheme (LGSS) will cease self-insuring the inbuilt cover in members’ accounts after conducting an extensive tender of external providers.
Chindia really does come last in BRIC: Credit Agricole
Large energy exporters Brazil and Russia are the emerging markets poised to outperform as India and other Asian economies face headwinds, according to Credit Agricole Asset Management (CAAM).
Intech analyst picks relationships over research
Barclays Global Investors (BGI) has recruited a fixed income and currency analyst from Intech into its institutional distribution team.
Stop sitting on your cash, JANA tells clients
JANA Investment Advisors has been counselling its cashed-up clients to seize more active opportunities, in some cases recommending a reweighting toward international equities.
SuperRatings buys tech business to ensure new services
SuperRatings has acquired a controlling interest in its web-building service provider and rolled out two web-based member tools for super fund sites.
Pentafin prepares for life after Ascalon
Pentafin, a provider of integrated administration systems for retail financial services groups, has flagged that the significant Ascalon ownership it inherited through its merger with Direct Portfolio Services will not last long-term.
New ops head for RBC Dexia
The head of fund services at custodian RBC Dexia, Gordon Little, has been promoted to a widened role.
