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Showing 1311 - 1320 of 3320 results for "Trustees"

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... change" both within financial services and itself. "AMP will work constructively with the government, regulators, advisers, trustees and other bodies to ensure that, as the recommendations move into definitive legislative reform, the outcomes are clear ...

Superannuation to face BEAR: Hayne

KARREN VERGARA  |  TUESDAY, 5 FEB 2019
... Hayne argued that failures of governance must be examined by the regulator. "It is this last step that is necessary if trustees of RSEs are to be held properly accountable for their failures of governance," he said. Having suggested this, Hayne wants ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... underpinning our system is strong and that the best interests covenant, and sole purpose test, set high standards for trustees operating superannuation funds." Fahy said it will be important to work through each of the recommendations carefully to consider ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... advice on how the member might best provide for their retirement or maximise their wealth generally. "Any practice by trustees of allowing fees for these latter kinds of financial advice to be deducted from superannuation accounts must end," he said. ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... has taken to with a baseball bat. Super fund trustee conflicts of interest will be handled by laws tightened to ensure trustees will be expected to do their job of looking out for members and nothing but that job. Retail trustees that try to combine ...

Industry fund appoints chair

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... new chair as the incumbent retires after 19 years on the board. AvSuper has elected Ben Firkins to chair its board of trustees, starting February 1. He replaces George Fishlock who announced his retirement in September after leading the board since 2003. ...

Former TAL chief appointed at Swiss Re

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
... former TAL chief executive and managing director currently serves on the boards of Dai-ichi Life Asia Pacific and Equity Trustees, as well as the National Disability Insurance Agency. Additionally, Minto chairs Partners Life, a New Zealand life insurance ...

Federation Asset Management appoints Equity Trustees

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
A recently launched asset manager appointed Equity Trustees as its trustee. Federation Asset Management appointed Equity Trustees as its trustee and responsible entity. The firm, who launched last September, is aiming to lead investment in renewable ...

Quirky SMSF investments unveiled

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
A new report from SuperConcepts unveils some of the most unusual investments held in self-managed superannuation funds, which include ATMs, livestock and frozen horse semen. The SMSF administration and software provider's Investment Patterns Report ...

8IP signs on Sanlam Private Wealth

KANIKA SOOD  |  TUESDAY, 15 JAN 2019
... director at HSBC Asset Management. Veteran investor Geoff Wilson and former chief executive of Equipsuper and Equity Trustees Robin Burns serve as independent directors on 8IP's $35 million listed investment company, 8IP Emerging Companies Limited. The ...