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Showing 1331 - 1340 of 3320 results for "Trustees"

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... super funds to disclose fees and costs for platform-based superannuation. The Australian Institute of Superannuation Trustees said it is "disappointed" that ASIC has not backed this. "This is critical to enable consumers to compare the fees and costs ...

ASIC to examine super fund and employer connections

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
... corporate regulator's 2018-22 corporate plan outlines its intent to continue reviewing the practices of superannuation trustees, including the provision of advice, fee-for-no-service, disclosure benefits and inducements, and third party service providers. ...

IOOF appoints independent reviewer

DARREN SNYDER  |  TUESDAY, 1 JAN 2019
... its three APRA regulated entity subsidiaries (AREs) including IOOF Investment Management (IIML), Australian Executor Trustees (AET) and IOOF Ltd. IOOF said these subsidiaries have already moved their boards to a majority of independent directors and ...

CRO departs corporate super fund

HARRISON WORLEY  |  THURSDAY, 20 DEC 2018
The chief risk officer at Australia's largest corporate superannuation fund will link with Equity Trustees in the New Year. Owen Brailsford will join Equity Trustees in February 2019 as the firm's chief risk officer. He is leaving his post at ...

OneVue offloads trustee business

KARREN VERGARA  |  THURSDAY, 20 DEC 2018
... services business to Sargon Capital for $45 million. The trustee services business comprises Diversa subsidiaries Diversa Trustees and CCSL. OneVue acquired the entire Diversa business in 2016 for $49.8 million and it will retain Diversa Super - part ...

Former Liberal Party leader joins Islamic super fund

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... the need to partner with larger, more established service providers. Throughout 2018 Crescent Wealth appointed Equity Trustees as trustee; NAB Asset Servicing as custodian; Mercer as fund administrator; and bfinance as investment adviser. "Crescent Wealth ...

Copia builds distribution team

KANIKA SOOD  |  THURSDAY, 13 DEC 2018
... Western Australia. Papakonstantinos has previously also worked at AMP as an investment research manager and at Equity Trustees as a key account manager in his 13-year-long career. Copia Investment Partners general manager of distribution John Clothier ...

Superannuation fund introduces fee changes

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
A $3.6 billion public offer fund has made a number of fee changes to its superannuation and retirement products. WA Super has ceased charging an $80 exit fee and $80 withdrawal fee for its Retirement Solutions product from 5 November 2018. Members can ...

ASIC drags RG97 transition period

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... of 2018. This is now due for release in January 2019. RG97 has experienced extensive delays in the past, as numerous trustees struggled with the proposed timeframes. Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said ...

Retirement income covenant consultation continues

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... Pension in the form of Comprehensive Income Products for Retirement (CIPRs) has been delayed from originally planned. Trustees have until 1 July 2020 to provide retirement income strategy, but are not required to offer CIPRs until 1 July 2022, he sai ...