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Showing 1151 - 1160 of 3320 results for "Trustees"

Non-compliant personal advice rife at super funds: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... broadly, Press said proper oversight of advice fee deductions from super accounts for all advice - not just that provided by trustees - is an area of ongoing focus for ASIC, working alongside APRA. "I know there will be general interest in whether retail ...

Rest climate risk case goes to trial

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
... the case. "The court will look at the circumstances before the claim was filed, the information that was available to trustees and their process," Barnden said.

Planners heed SMSF risk warning

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2019
... investment strategies is increasingly of interest to the tax office. Earlier this year, the ATO wrote to 17,700 SMSF trustees warning them their SMSF did not meet diversification requirements. About 99% of the SMSFs concerned were invested entirely in ...

ASIC probes Regal Funds Management

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
... comes just a day after trading was halted on the firm's Regal Investment Fund at the request of responsible entity Equity Trustees (EQT), after it was informed of the investigation earlier in the day. "The trading halt is being requested on the basis ...

AIST finds issues with FASEA code

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
The Australian Institute of Superannuation Trustees has written to FASEA chief executive Stephen Glenfield seeking clarification on how key points of the Code of Ethics will apply to intra-fund advice. Responding to the guidance on the code, AIST chief ...

Vale David Smith

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
HESTA director and former Australian Institute of Superannuation Trustees president David Smith is being remembered as an inspirational leader. Smith, who was also general secretary of the Australian Services Union, passed away suddenly on November ...

ASIC eyes claims handling

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... identify problems," she explained. ASIC senior executive leader of the Superannuation team Jane Eccleston added that trustees, not just insurers, will be expected to act in response to the report. "The report shows insurance in super is complex. Trustees ...

Hume blasts super merger laggards

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... a long tail of underperforming funds - many of which are sub-scale - still remain in the industry, and called on the trustees of such funds to consider "dispassionately" what the right thing to do is. "This reality will come as no surprise to anyone ...

Rapid pace of regulatory change to continue

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
... ongoing political and economic uncertainty," she said. "And there will be no let-up in our increasing expectation of trustees around the delivery of improved outcomes for members and importantly making good judgements around the risk return trade-offs." ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... said. "As much as transparency is important, the ultimate purpose of the heat map is - to be blunt - to galvanise the trustees of underperforming products into action." Rowell said the regulator expected trustees to analyse why the outcomes in identified ...