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Showing 91 - 100 of 4017 results for "Trustee"

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... according to Shariah principles, neither the earning nor the payment of interest is allowed. Equity Trustees will serve as trustee for the ETF, while Apex Financial Services will act as both administrator and custodian, and Nine Mile will function as ...

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
... for some time, culminating yesterday when the Victorian Supreme Court approved the transition of GuildSuper from Guild Trustee Services to Equity Trustees, which Future Group moved to in July. The deal is expected to close in December, at which time ...

MLC Life names operations, people chiefs

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
MLC Life Insurance made two executive appointments who will each lead the operations and human resources departments. Jane Murray has been named chief operating officer after serving as chief operating and people officer for the last nine months. Murray ...

'Critical shortcomings' demand urgent action from trustees: APRA

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
APRA deputy chair Margaret Cole has sounded the alarm on gaps in superannuation trustees' plans to assist the "tidal wave of fund members" heading toward retirement. At the Australian Financial Review's Super and Wealth Summit today, Cole outlined ...

Willis Towers Watson sheds more corporate super plans

JAMIE WILLIAMSON  |  TUESDAY, 31 OCT 2023
... funds throughout all industry sectors." When asked what the future holds for the Towers Watson RSE, Campbell said the trustee business remains operational. As for the Nissan plan, she said WTW was "not able to comment on what Nissan's approach may ...

Super member loyalty on the rise: Data

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2023
Loyalty among superannuation fund members is at a three-year high, with just 18% now intending to take their retirement savings elsewhere. That's according to the latest CSBA FEAL Superannuation CX Benchmarking report, which surveyed more than 7200 ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
The Federal Court has found in favour of Diversa in the case brought by ASIC in 2021 which alleged the trustee knew about a now banned adviser's dodgy behaviour but failed to act. In October 2021, ASIC commenced civil penalty proceedings against ...

Super bequest reform can boost charitable giving by billions: Report

ANDREW MCKEAN  |  TUESDAY, 24 OCT 2023
... individuals must have a valid will in place that nominates a charity, and then rely on the discretion of the superannuation fund trustee to transfer the moneys to the executor of the estate for distribution to the charity. However, due to the complexity ...

WAM launches unit trust, names RE

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
... 200 Accumulation Index by 5.2% per annum since inception. EQT executive general manager, corporate and superannuation trustee services Andrew Godfrey said: "We are excited to be selected as the responsible entity role for this unit trust by Wilson Asset ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
Life insurers and superannuation funds continue to pin systemic issues on administrative and legacy systems that have drawn customer complaints and, in some cases, led to large compensation payouts, according to the Australian Financial Complaints Authority ...