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Showing 1021 - 1030 of 4485 results for "Trustee"

CFS fined $20m over super misconduct

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... and that "its contravening conduct involved, in effect, seeking to take advantage of members whose interests it was, as trustee of the fund, duty-bound to protect". The judge said CFS failed to inform members that it was required to transfer their account ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
Financial advisers have been focused on mitigating the impacts of COVID-19 on superannuation for their clients, according to BT. BT's technical team received over 2000 enquiries from advisers in the September quarter and the most asked question was ...

ASIC eyes employee super fund choice

KARREN VERGARA  |  MONDAY, 18 OCT 2021
ASIC issued a stern warning to employers and their superannuation fund provider about influencing employees' choice of super funds. The regulator will conduct a review this financial year on how trustees abide by its requirements and may consider ...

Frontier wins NZ client

ANNABELLE DICKSON  |  MONDAY, 18 OCT 2021
The asset consultant gained its first client in New Zealand after being appointed as investment consultant. Tauranga Energy Consumer Trust (TECT) is one of New Zealand's largest community-focused trusts with over NZ$1 billion in funds under management. ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information. The Senate Committee report released this week on disclosure ...

ASIC calls for stronger whistleblowing policies

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
The corporate regulator has written to the chief executives of large public companies, large private companies and the trustees of superannuation funds to ensure their whistleblowing policies are compliant. The letter comes after ASIC reviewed a sample ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
The Financial Services Council (FSC) is introducing an enforceable standard that will prohibit the use of exclusions and restrictive disability definitions in default group life insurance for those who are in high-risk occupations. The standard will ...

TPT Wealth builds out team

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
The trustee and wealth management business of MyState Group appointed two senior managers as it aims to grow its funds under management. Joe Youssef joined as senior manager, wholesale and Trev McCallum has taken on the role of senior manager, wholesale ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
... taking Diversa Trustees to court over failing to maintain oversight of a now banned financial adviser. Diversa is the trustee for $1 billion Future Super, Mason Stevens Super, ING Super and MAP Master Super - later known as OneSuper - among other funds. ...

Leadership changes at Vanguard Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 OCT 2021
... strategist in ISG, will move into a new role as investment governance senior specialist in the Office of the Superannuation Trustee for Vanguard Super.