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Showing 1321 - 1330 of 3320 results for "Trustees"

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... establish a dedicated business function to support its three APRA regulated entity subsidiaries; IIML, Australian Executor Trustees and IOOF Ltd. Commenting, IOOF acting chief executive Renato Mota said: "We continue to work towards the effective completion ...

Early financial advice prevents worries at the end

HARRISON WORLEY  |  MONDAY, 14 JAN 2019
... resources to care for their families after they pass away and pay for the end-of-life care they endured. Australian Unity Trustees Legal Services national manager of estate planning Anna Hacker concurred, and said despite advertising around estate planning ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... to create an oligopoly in default super and reduce long term competition. The Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck echoed this statement as it would be "needlessly disruptive and fails to address the more serious ...

Best-in-show splits industry

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... Commission wants to launch before June 2021 has divided industry opinion. The Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the Commission's proposal for a top 10 default list is a "blunt mechanism that will ...

Engagement should be easier: Productivity Commission

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... members' advocacy and assistance body," it said. In December last year the Australian Institute of Superannuation Trustees recognised excellence and innovation in communication and member engagement, with AIST chief Eva Scheerlinck saying the awards ...

Government needs to rethink CIPRs

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... - sometimes irreversibly so - and can affect the Government's Age Pension liabilities." The Commission also said trustees do not always want to offer these products, and forcing them to do so may conflict with their obligations to act in members' ...

Game over for grandfathered commissions

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
... the commission said. Trail commissions represent an impediment to switching to more cost-effective options and "some trustees have an unhealthy predisposition not to voluntarily remove these commissions even where it may be in their members' best ...

Platform fee disclosures overlooked: ISA

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... platforms, and other managed investment schemes." It was a glaring omission that the Australian Institute of Superannuation Trustees also called out. AIST chief executive Eva Scheerlinck said McShane counselled ASIC to implement his recommendations as ...

Regulators in Productivity Commission firing line

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... standards of system and fund performance. ASIC's focus should be on the behaviour of the system's players, namely trustees and financial advisers, in addition to the appropriateness of products and disclosure. The Commission also called on the ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... skills and experience, and managing conflicts of interest was more important than the number of independent directors. Trustees should be required to have, use and disclose a process to assess their board's performance relative to its objectives ...