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Showing 111 - 120 of 3319 results for "Trustees"

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... gap." ASIC will also look at the role superannuation funds play in private markets. In the report, the regulator warned trustees of their obligations to members, particularly how they are handling limited transparency and limited price discovery. ASIC ...

Equity Trustees to ask Mulino for help amid First Guardian, Shield fallout

JAMIE WILLIAMSON  |  THURSDAY, 30 OCT 2025
Equity Trustees will follow Netwealth's lead and make an application to the government under Part 23 of the SIS Act for help in making First Guardian and Shield investors whole. Speaking at the Equity Trustees annual general meeting today, managing ...

Actuaries Institute makes proposal to close advice gap

ELIZA BAVIN  |  TUESDAY, 28 OCT 2025
... millions who need more than basic help but less than comprehensive advice," it said. The paper said superannuation fund trustees face a "tension" between their obligation to support members and complex financial advice regulations. "The HGA framework ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... December 2024, Keystone was ordered to be wound up. Under the proposal, the 2800 Shield unitholders sourced from Equity Trustees are paid back, before the liquidator and creditors, and receive $110 million from Chiodo Corporation via City Built as a ...

Shield, First Guardian fallout calls for tougher scrutiny on research houses, licensee governance

MATTHEW WAI  |  FRIDAY, 24 OCT 2025
... framework, and that was what has happened [with First Guardian and Shield], regulators have said that the platforms, trustees and advisers are all responsible, but when you say everyone is responsible, ultimately, no one is really accountable. "But as ...

APRA updates governance framework

ELIZA BAVIN  |  FRIDAY, 24 OCT 2025
... (APRA) has provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its cross-industry prudential standards and guidance ...

FEATURE: Fund admin | Tight Ship

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... government to fully fund the graying population's twilight years, beneath the surface something more menacing lurks - that trustees cannot seem to get the fundamentals of their administrative processes right. ASIC's scathing March report into the timely ...

Equip Super searches for new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 23 OCT 2025
... Super for six years, taking over when Equip entered a joint venture with Catholic Super to operate under the Togethr Trustees umbrella in late 2019. Until their official merger in 2021, his appointment marked the first time two Australian superannuation ...

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... super funds aim to process claims within two to six months from notification of death, and further delays can occur as trustees exercise their discretion. He believes that regularly reviewing binding death benefit nominations (BDBN), beneficiary eligibility ...

ASIC slaps MWL adviser with ban over Shield involvement

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... more than $480 million have been invested in Shield by at least 5800 consumers, primarily through super platforms, the trustees for which were Macquarie Investment Management Limited (MIML) and Equity Trustees Superannuation Limited (ETSL). ASIC has ...