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Showing 1041 - 1050 of 10107 results for "Trust"

Former ASIC commissioner joins Insignia Trustees

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
A former ASIC commissioner will join Insignia Financial as the chair of its trustees business on September 19. Danielle Press also assumes the position of non-executive director at Insignia Financial Trustees, replacing Lindsay Smartt. Press had a five-year ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
Spirit Super's investment options will be renamed and changed to align with those currently offered by CareSuper ahead of their merger in November. Spirit Super's default balanced investment option will shift to a more defensive stance, adjusting ...

Former Courtenay House director sentenced

MATTHEW WAI  |  TUESDAY, 3 SEP 2024
... Court said: "ASIC pursued this matter as part of our commitment to protect investors. Mr Iervasi's actions betrayed the trust of his clients and inflicted damage on hundreds of people. Today's sentence demonstrates that such deliberate fraudulent ...

Betashares completes Bendigo Superannuation acquisition

KARREN VERGARA  |  MONDAY, 2 SEP 2024
Betashares has finalised its acquisition of Bendigo Superannuation for an undisclosed amount. As of September 1, Betashares was the manager of $1.4 billion of super assets for 19,000 members. Betashares and ASX-listed Bendigo Bank declined to confirm ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
Speaking in a personal capacity at the Senate Economics Committee, Michelle Levy said it is too much to expect superannuation trustees to fix Australia's housing problem. Levy said she is sympathetic to the housing crisis, noting that she agrees owning ...

Cbus' CFMEU board directors exit

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
Cbus' CFMEU board directors Rita Mallia, Jason O'Mara, and Dave Noonan are no longer with the fund. The CFMEU directors were removed from the super fund's website earlier this week. Cbus' board comprises 14 directors, including an equal number of ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
All MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...

MetLife Australia launches new online insurance platform

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
... recent updates on the MetLife Protect and MetLife Protect Super offerings, with the latter available via the Smart Future Trust issued by Equity Trustees. Manage My Insurance allows member to view insurance details, edit their cover, keep track on the ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... at $206.1 million, up 26% on FY23. Perpetual attributed this to stronger earnings in its wealth management and corporate trust arms, which are being offloaded to KKR. The wealth management division saw underlying profit before tax (UPBT) of $54 million ...

Financial Standard nominated for Publication of the Year

STAFF WRITER  |  WEDNESDAY, 28 AUG 2024
Financial Standard is proud to be a finalist in the inaugural Impact Awards, nominated for Financial Services Publication of the Year. Established by Activam Group, the Impact Awards aim to "highlight those who make a meaningful difference by encouraging ...