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New Zealand investment administrator MMC has acquired the remaining half of Australian administrator IFAA Group from interests associated with its managing director and co-founder Neil Harvey. Harvey, who remains in the managing director role after the deal’s completion, said the firm would continue to look for expansion opportunities outside IFAA’s traditional base of Queensland. He…
When David Elia organised a takeout of 36 member services people from SuperPartners in 2008 to build Hostplus’s own service department, it caused a minor furore around Casselden Place, then home to some of Australia’s biggest industry funds. But times have changed. With the outsourcing of what is now a 100-person team to Hostplus’s new…