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Showing 91 - 100 of 2203 results for %22Trustees Australia%22

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... to offer holistic advice as assistant treasurer Stephen Jones reasons that its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast this morning, Jones clarified that superannuation ...

Equity Trustees takes on new RE mandate

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
AL Capital (ALC), the independent investment and fund management arm of Aqualand Group, selected Equity Trustees to be the responsible entity of its new range of retail funds. The funds include the ALC Global Credit Fund, the ALC Active Australian Equity ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... addition, plans to introduce a permanent super fund regulatory regime was announced, to provide sponsoring employers and trustees with a new scaled-up way of managing defined benefit (DB) liabilities. Hunt said the government will lead by example and ...

Equipsuper adds board director

ELIZABETH FRY  |  TUESDAY, 11 JUL 2023
... and, while he will be missed, we wish him the best in his future endeavours," said Casey Dekker is a director of Togethr Trustees and managing director of the Rockpool Group. One of the nation's oldest industry funds, Equipsuper plans to lift assets ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... ahead. And this will have a profound impact on the funds management industry," he said. While the pool of capital in Australia will continue to grow, thanks to compulsory superannuation, there are real headwinds for fund managers. "Fewer superannuation ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... of institutions open to financial crime. The regulator plans to have assessed more than 300 banks, insurers and super trustees' compliance with CPS 234 Information Security by the end of the year. It has so far assessed 24% of entities, finding several ...

Apostle links with venture capital firm

KARREN VERGARA  |  MONDAY, 3 JUL 2023
... Massachusetts Institute of Technology, Harvard University and the University of Rochester. Many of Safar's board members, trustees, and partners come from these institutions. Safar's Fund I was launched in May 2019 with US$287 million ($431.1m) ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
Super funds are not doing enough to address duplicate member accounts, with an ASIC review forcing some trustees to remediate members. Under the Superannuation Industry (Supervision) Act 1993, super trustees must have processes in place to tackle multiple ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
MSC Trustees has acquired abrdn's Australian trustee entity, becoming the corporate trustee of 10 funds. The fund book, comprising $1.5 billion in funds under management, includes the abrdn Sustainable Asian Opportunities Fund, abrdn Sustainable ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... be "overkill to apply it [anti-hawking legislation] to a superannuation fund of which one is a member and insulting to trustees". "They have a duty to act in their members best interest to begin with, but the anti-hawking legislation effectively assumes ...