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Showing 1171 - 1180 of 3320 results for "Trustees"

ASIC puts trustees on notice

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
The Australian Securities and Investment Commission has warned superannuation trustees to improve the standard of communication to fund members about Putting Members' Interests First (PMIF) reforms, hinting it may take action against funds if necessary. ...

Extension for super fund portfolio disclosures

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
The Australian Securities and Investment Commission has extended the deadline for superannuation trustees to disclose their portfolio holdings. ASIC said it amended the order to provide "legal certainty" about the first reporting day, given that the ...

AustralianSuper adds former PwC partner to board

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
... providing members with their best possible retirement outcome." She has previously held governance roles at CareSuper and SAS Trustees Corporation (NSW) as director and chair of the audit committee. She was also the deputy chair of Victorian Managed ...

Trustee firm launches admin platform

JAMIE WILLIAMSON  |  TUESDAY, 29 OCT 2019
A trustee group is expanding its offering with the development of a new fund administration platform. MSC Trustees has launched MSC Abacus, a tailored fund registry, reporting and accounting service for capital managers. The new business is led by general ...

SMSFs can meet aspirational lifestyle: Research

HARRISON WORLEY  |  TUESDAY, 22 OCT 2019
... $65,300, easily clearing ASFA's comfortable retirement standards. "However, our previous research has shown that many SMSF trustees are hoping to achieve more affluent lifestyles in retirement, with around a quarter of couples planning on spending over ...

Leaving a legacy

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... idea of the reserves of strength that my wife and I have, it is difficult to say to the next generation of managers or trustees or directors that we want you to give to the business the same degree of energy or commitment that we had. What is your family ...

CommInsure eyes deferred lifetime annuities

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
... Lytas also thinks that DLAs could find use in developing comprehensive income retirement products (CIPRs). Superannuation trustees are required to have a retirement income strategy in place from 1 July 2020 but are not required to offer CIPRs until 1 ...

APRA won't appeal IOOF judgement

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... Rowell said the judgment nevertheless raised some issues of wider importance for APRA in its supervision of superannuation trustees. "APRA is considering any further action that may need to be taken in relation to these, such as revising its prudential ...

Recognition for industry leader in fight against slavery

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... Act is significant not just to managers like Ausbil, but superannuation funds as well. The law places an obligation on trustees of super funds with revenue greater than $100 million to report to the government on the risks of modern in supply chains ...

Women overlooked by retirement income review

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... crisis in women's retirement happening all around us," Wood said. Weighing in, Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the review required a gender lens in order to ensure policy decisions were based around ...