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Showing 1041 - 1050 of 3320 results for "Trustees"

APRA pushes for super fund consolidation

JAMIE WILLIAMSON  |  THURSDAY, 28 MAY 2020
... difficult, but many of the reasons provided are myths. Much of it comes down to narrow thinking, Carmody said, with many trustees commonly saying it is difficult to comply with the equivalency test that requires both funds to agree the merger will provide ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... resignation from the board of DSMJ and as chief executive of Grow Super has been appropriate." OneVue, owner of Diversa Trustees which is the trustee for Grow Super, declined to comment. Financial Standard previously reported that Grow Super was looking ...

Iress inks bond exchange partnership

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... access the entire suite of bonds admitted to trading status on the exchange's platform, giving private investors, SMSF trustees, brokers, and the clients of financial advisers with greater access to fixed income. In addition to providing access to bonds ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
... with Mayfair slamming the decision by the trustee and claiming this won't harm its Dunk Island development. Vasco Trustees Limited, the trustee of IPO Wealth, advised that on 22 May 2020 it appointed receivers to IPO Wealth Holdings. "The group considers ...

TPB cracks down on 74 tax practitioners

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... incorrect SAN and failed to satisfactorily respond to ATO inquiries. The ATO then referred the matter to the TPB. "SMSF trustees rely on their superannuation savings to fund their retirement. The Australian government relies on regulators like the TPB ...

Sole purpose test poses SMSF rent relief issue

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... hardship could mean they fail to meet the sole purpose test. Breaching the sole purpose test is not the only issue SMSF trustees could run into when attempting to provide rent relief for struggling tenants. The prohibition against providing financial ...

Retirement income covenant delayed

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... income strategies even though the covenant still needs development. "Of course, there is nothing stopping funds and their trustees from developing retirement income strategies now and we'd encourage them to do so," she said. "Trustees don't need to wait ...

IOOF settles class action

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
... risky conduct and that IOOF Investment Management and Questor Financial Services breached their duties as superannuation trustees. The action was on behalf of shareholders who bought stock between 27 May 2015 and 6 December 2018 who saw the stock price ...

SISFA relaunches membership to SMSF trustees

ELIZA BAVIN  |  THURSDAY, 21 MAY 2020
... Independent Superannuation Funds Association (SISFA) has redesigned and is relaunching its membership offering for SMSF trustees. SISFA said through existing communication channels and those of new associated partners and sponsors, up to 200,000 SMSF ...

How advice can conquer stigma

HARRISON WORLEY  |  WEDNESDAY, 20 MAY 2020
... as part of an online panel discussing how to solve the unmet advice gap for the Australian Institute of Superannuation Trustees Conference of Major Super Funds, Hostplus head of advice and financial planning Maurizio Lombardi pointed out many super fund ...