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Showing 1201 - 1210 of 3320 results for "Trustees"

ASIC super specialist joins AIST

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
The Australian Institute of Superannuation Trustees has hired from ASIC to fill the role of head of advocacy as the incumbent joins a $53 billion industry fund. AIST has confirmed the appointment of Melissa Birks as its new head of advocacy, joining ...

Australia investor friendly, not consumer friendly: Report

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2019
... advice fees across the superannuation industry. In a public letter APRA and ASIC urged the importance of superannuation trustees undertaking appropriate oversight of fees and other charges being deducted from members' superannuation accounts. "Cases ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill contains measures to prevent trustees from providing insurance on an opt-out basis to members under the age of 25 years and begin to hold a new product on or ...

Former Challenger exec joins EQT super board

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
A former Challenger executive joined Equity Trustees' superannuation board. Equity Trustees appointed Paul Rogan as an independent director of its superannuation board (ETSL) as the firm continues its moves to "raise the standard" in securing members' ...

Equity Trustees confirms international strategy

ELIZABETH MCARTHUR  |  FRIDAY, 13 SEP 2019
Equity Trustees' London-based fund services business has been appointed authorised corporate director for the $88 billion River and Mercantile Funds. Equity Trustees' function as authorised corporate director means it will perform oversight for funds ...

Cashwerkz chief steps down, trustee business to be spun off

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
The chief executive of Cashwerkz is stepping down from the top job. At the same time, Trustees Australian will be spun out with the view to potentially listing the business as a separate entity. In a statement this morning, Cashwerkz said Hector Ortiz ...

ASIC prepares to be primary super conduct regulator

ELIZABETH MCARTHUR  |  THURSDAY, 12 SEP 2019
... Hughes said ASIC is already positioning itself to take on this enhanced duty. "We will be driving better behaviour by trustees to ensure that they act in the best interests of members, by undertaking the necessary supervision and surveillance of superannuation ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... retirement income objectives," she said. Rowell warned the new appraisal system adds to the pressure APRA is applying on trustees of underperforming funds to promptly address weaknesses or consider whether restructuring or exiting the industry is in ...

South Australia appoints VC trustee

HARRISON WORLEY  |  FRIDAY, 30 AUG 2019
... state's venture capital fund while it searches for a new manager. Melbourne Securities Corporation - also known as MSC Trustees - has been appointed caretaker of the South Australian Venture Capital Fund (SAVCF) while the state begins the search ...

ASIC clamps down on poor advice, grandfathered commissions

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... sector," ASIC said. In terms of key projects in superannuation, ASIC wants to enhance its communication to superannuation trustees and their associated advisers by providing more accessible information about the work it conducts in the sector. ASIC also ...