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Showing 111 - 120 of 943 results for "Superannuation Trustees"

Unlisted asset valuation flaws complicate comparison

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
Inherent flaws in unlisted asset valuations complicates the transparency of performance comparisons for superannuation fund members. Australian Retirement Trust chief investment officer Ian Patrick told the AIST Superannuation Investment Conference ...

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... added. This growth in assets invested offshore follows HSBC's partnership with the Australian Institute of Superannuation Trustees earlier this year, which is focused on supporting super funds' increased interest in overseas investments. As at June 30 ...

ISA, AIST announce merger to form new organisation

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST) are merging, announcing a new unified organisation to represent profit-to-member superannuation funds. In a joint statement, ISA and AIST said the merged entity ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... business. The combined business will be led by Andrew Godfrey as executive general manager, corporate and superannuation trustees. "We see very clear alignment of the operating models, and there is an opportunity to capitalise on the strengths of each ...

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... Standard CPS 230 Operational Risk Management, which aims to enhance the ability of banks, insurers, and superannuation trustees to manage operational risks and respond to business disruptions. According to QMV legal, the key changes in CPS 230 from the ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
... requirements. The FRAA said this will ensure APRA is able to support recovery and exit, and resolve failing superannuation trustees.

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
ASIC is appealing for superannuation trustees to adhere to their legal responsibilities concerning member funds following a review of 12 trustees. A recent review by ASIC revealed that most aren't meeting their legal responsibilities for managing incoming ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... retirement benefits," Asher said. Cold calling post-Hayne Royal Commission The Australian Institute of Superannuation Trustees (AIST) has previously called on the government to extend anti-hawking laws to combat financial advice firms using third parties ...

ISA welcomes back former chair

CASSANDRA BALDINI  |  MONDAY, 26 JUN 2023
... almost two decades, joining the Hostplus board in 2006. Collins is a fellow of the Australian Institute of Superannuation Trustees (FAIST) and founding chair of the Sydney Financial Forum. He has also had a 22-year-long career with the NSW Parliament ...

Small super funds admonish APRA

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... factors like efficiency, competition, contestability, as well as promoting financial stability, only 35% of superannuation trustees responded positively. In contrast, authorised deposit-taking institutions (ADIs) and life insurers were more favourable ...