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Showing 1361 - 1370 of 3320 results for "Trustees"

Sargon grows executive lineup, launches fintech solutions

JAMIE WILLIAMSON  |  TUESDAY, 2 OCT 2018
... Peterson has been named chief operating officer. Howard was most recently head of corporate trust at Australian Executor Trustees, which was acquired by Sargon from IOOF in September. Peterson's new position is in addition to his existing role as general ...

Industry fund members more satisfied

KARREN VERGARA  |  TUESDAY, 2 OCT 2018
... determine consumer actions and engagement with the fund, he said. Research from the Australian Institute of Superannuation Trustees and Rice Warner shows super members invested outside of MySuper are missing out on $52.5 billion over a 10-year period. ...

EQT appoints asset management leaders

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
Equity Trustees appointed new leaders to its in-house asset management function. Northward Capital founder and former IAG Asset Management co-head of equities Darren Thompson will become the firm's head of asset management, with former Invesco head ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... considered it inadvertently breached various provisions of the Superannuation Industry (Supervision) Act which requires trustees to provide reasons for a decision in response to a complaint about the proposed payment of a death benefit. Rest said it ...

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne. The ATO believes 13,600 ...

AFCA membership deadline arrives

JAMIE WILLIAMSON  |  FRIDAY, 21 SEP 2018
... Financial Complaints Authority. ASIC has issued a warning to all Australian financial services licensees, superannuation trustees and authorised credit representatives reminding them that membership to AFCA is mandatory and organisations that fail to ...

Choice members worse off in retirement: Research

KARREN VERGARA  |  TUESDAY, 18 SEP 2018
... at retirement compared to those invested in choice products. Research from the Australian Institute of Superannuation Trustees and Rice Warner shows super members invested outside of MySuper are missing out on $52.5 billion over a 10-year period. For ...

AMP defaulted members as smokers: Royal Commission

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... Mark Costello said this blended rate is a higher premium. Costello pointed out that under ASIC regulatory guide 529, trustees cannot presume that members smoke in determining their insurance premiums. "There are low levels of smoking in the community ...

IOOF offloads corporate trust business

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
IOOF has sold its Australian Executor Trustees (AET) corporate trust business while retaining the AET private trust business, as it moves further in the direction of being an advice-led organisation. The buyer is financial services technology and infrastructure ...

ASIC marks AFCA milestone

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... all Financial Ombudsman Scheme members have transferred their membership to AFCA, ASIC said. Only 64% of superannuation trustees and retirement savings accounts providers have joined. About 80% of members of the Credit and Investments Ombudsman Scheme ...