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Showing 1221 - 1230 of 3320 results for "Trustees"

Trustee firm adds executive

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... trustee business to co-lead its expansion. Glenn White, formerly senior business development manager at Australian Executor Trustees (now Sargon), has joined MSC Group as a director within its trustee services division. White served for more than 12 ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
... among affected fund members. While conceding the Government should consider changing the date of commencement to allow trustees to effectively engage with their members, the committee rebuked arguments hinged on the difficulties in renegotiating insurance ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... altogether. The Government made a promise and they should keep it." Weighing in, the Australian Institute of Superannuation Trustees warned the difference in the retirement outcomes of men and women would be entrenched without an increase to the SG. ...

ATO clarifies SMSF death benefit income streams

KARREN VERGARA  |  MONDAY, 22 JUL 2019
... cashed in that form," the note read. Therefore, if the pension ceases because the minimum amount hasn't been paid, the trustees may have contravened the Superannuation Industry (Supervision) Regulations 1994, the ATO warned. If a breach occurs, trustees ...

Industry bodies react to APRA review

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... weighed in on how the recommendations can improve the superannuation sector. The Australian Institute of Superannuation Trustees head of advocacy Ailsa Goodwin said the panel's recommendations to publish performance data of all APRA-regulated products ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
The Government's move to require superannuation trustees to stop providing opt-out insurance to new members under-25 or with low balance accounts by October 1 has riled Australia's largest fund. Airing the fund's position on the Government's ...

APRA sticks to rigid member outcomes deadline

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
The prudential regulator has set high expectations for trustees to meet the inaugural annual outcomes assessment, which is less than six months away. While consultation for prudential standard Strategic Planning and Member Outcomes (SPS 515) is underway ...

Advisers struggle with untapped SMSF market

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... that use financial planners however, have remained steady at an average of 209,000. One third (32%) of the 4927 SMSF trustees surveyed said they do not seek financial planners because of the lack of confidence in the adviser's expertise. Paying adviser ...

ESG options outperform in the short term: Research

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
... managers, 36 asset owners and 10 service providers. The largest super fund signatories are AustralianSuper, NSW State Trustees, AMP group, CFS group and BT Financial Group. AMP Capital, Macquarie, IFM Investors, BlackRock and Colonial First State Global ...

Remembering Ron Grima

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2019
... Financial Planning as state development manager. Later, he held senior roles with Perpetual, Invesco, AXA and Equity Trustees. A sports fan to the end, Grima was a loyal supporter of the Parramatta Eels, Collingwood Magpies and LA Lakers. He was also ...