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Showing 101 - 110 of 10356 results for "Trust"

'Easy peasy, done': Senate rips Equity Trustees' checklist governance

RIDDHIMA TALWANI  |  THURSDAY, 10 SEP 2026
A Senate committee tore into Equity Trustees' governance at a hearing today, with one senator calling its approach to onboarding Shield and First Guardian a "checklist model", a characterisation the trustee rejected. The committee revealed Equity ...

Court orders ASIC to preserve assets from doomed trust

MATTHEW WAI  |  THURSDAY, 10 SEP 2026
The New South Wales Supreme Court has ordered ASIC to protect assets in the Deckchair Trust after an associated member sought to take sole control of the trust following winding-up orders. NSW accountant and former solicitor Christopher Edwards purportedly ...

Three super funds fined for misleading investment options

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2026
Three industry superannuation funds - Australian Retirement Trust (ART), TelstraSuper and Australian Food Super - have been pinged by ASIC for misleading members about their investment options' asset allocation and performance objectives. Each super ...

MAM acquires half of Aware Super's Victorian land registry stake

RIDDHIMA TALWANI  |  TUESDAY, 8 SEP 2026
Macquarie Asset Management (MAM) has acquired Aware Super's 50% stake in Secure Electronic Registries Victoria (SERV), the private operator of Victoria's register of land. The superannuation fund will continue to retain and manage the remaining ...

Diversa board backs chief executive pay rise, bonus amid First Guardian fallout

KARREN VERGARA  |  TUESDAY, 8 SEP 2026
... clarified the scope, we can't ascribe a number to it," he said. "They're asking about cost-recovery payments. Under a trust deed, a trustee has a general right of indemnity for costs incurred in the proper performance of its duties as trustee ...

CareSuper earns place among pension fund giants, ART breaks into top 20

KARREN VERGARA  |  TUESDAY, 8 SEP 2026
Australian Retirement Trust (ART) has cracked the top 20 ranking of the world's largest pension funds, while CareSuper has debuted on WTW's annual Global Top 300 Pension Funds report. This year's Thinking Ahead Institute and Pensions & Investments ...

Inquiry rips into Diversa: 'All profit, no responsibility'

KARREN VERGARA  |  MONDAY, 7 SEP 2026
... against justice for the victims of First Guardian and providing them, returning them their money?" "If you want people to trust you, money is going to talk in this situation, Mr. Plant, and you guys seem to be hanging on to it pretty tightly for yourselves ...

Nine in 10 advisers concerned about greenwashing: RIAA

RIDDHIMA TALWANI  |  MONDAY, 7 SEP 2026
... disclosure practices, misleading product names, products not matching client preferences and insufficient reporting. "Clearly, trust is an issue when it comes to being able to have confidence that a product that's being recommended is true to label," ...

Perennial to close three responsible investment funds

VINNY VUCAGO  |  MONDAY, 7 SEP 2026
... combined assets, as they fall short of reaching scale and achieving their investment objectives. The Perennial Better Future Trust, Perennial Better Future Active ETF (IMPQ) and Melior Australian Impact Fund will undergo an orderly wind-up, with assets ...

MSC Group awarded mandates for natural resources strategy

MATTHEW WAI  |  MONDAY, 7 SEP 2026
MSC Group will provide administration capability and trusteeship for a natural resources strategy focusing on the energy sector and select commodities. MSC Trustees will provide trusteeship, while MSC Abacus will provide fund administration and registry ...