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Showing 1051 - 1060 of 10104 results for "Trust"

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
BUSSQ will challenge what it calls "unnecessary and potentially impractical" licence conditions imposed by APRA, which were sparked by allegations of serious misconduct within the CFMEU and concerns about its potential impact on the super fund. The ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... million and a $6.1 million fair value gain. It also sold its remaining non-real estate managed fund, 360 Capital CardioScan Trust, including its 53.6% co-investment to generate $3.7 million in gains. 360 Capital chief executive James Storey said the ...

CSC launches series of retirement options

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
Commonwealth Superannuation Corporation (CSC) has gone live with its retirement income strategy, unveiling a suite of retirement resources. The super fund said it's among the first to go beyond merely publishing information about what a strategy might ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
The acquisition of Australian Executor Trustees (AET) has bolstered the revenue and client book of Equity Trustees (EQT) in the last financial year. EQT's revenue increased 23.1% to $174 million in the 12 months to June, benefiting from the integration ...

ART names member service leads

ELIZABETH FRY  |  FRIDAY, 23 AUG 2024
... reporting to chief executive David Anderson but as interim chief service delivery officer. Davidson joined Australian Retirement Trust (ART) three years ago from Sunsuper, where he worked for 12 years in several customer relationships, customer engagement ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... delivering our 2024-2026 commitments and, in addition, accelerating our cost optimisation program and reviewing our Master Trust end state operating model." It reported group net revenues of $1.4 billion, underpinned by higher average funds under management ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... commitment to strengthening integrity across Australia's markets. "The integrity of our markets is fundamental to maintaining trust in Australia's financial system which is core to ASIC's remit," Longo said. "Trust in the financial system and markets ...

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... abetting. ASIC alleged that Yat Nam (April) Yuen had facilitated the transfers of client moneys that were meant to be held on trust, charging her in late November last year. Yuen pleaded guilty to two offences which contravened sections 1041G(1) of the ...

Perpetual names new chief executive

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2024
... executive and managing director as Rob Adams steps down. Bernard Reilly assumes the top job, having exited Australian Retirement Trust (ART) as chief executive in February 2024. He spent two years at ART where he oversaw the merger and integration of ...

Equity Trustees names chief risk officer

MATTHEW WAI  |  TUESDAY, 20 AUG 2024
... industry. Prior to HESTA, she was the head of enterprise risk at AustralianSuper and the chief risk officer at Northern Trust in 2019. Commenting, EQT managing director Mick O'Brien said Versace's appointment is "well aligned" with its business for various ...