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| | | ... their revenue by banning switching fees being paid from super," O'Halloran said. "This needs to be coupled with stronger trustee obligations, and requirements for trustees to fund compensation to victims when they fail to protect their members from harm." ... |
| | | | ... in the superannuation system consultation covers four key issues: making switching superannuation safer, strengthening trustee governance, limiting or better protecting advice-fee deductions from super and requiring platforms to compensate members for ... |
| | | | ... our operations, Prime Super is reducing its administration fees and costs for members. In making these decisions, the trustee believes it is acting in the best financial interests of Prime Super members," it said. The accumulation and pension account ... |
| | | | ... Commodity Assets, DCA Capital and Polychain between May 2017 and May 2024. Digital Commodity and DCA Capital acted as trustee for a cryptocurrency fund called the Digital Commodity Assets Fund, which was a wholesale investment fund that exploited price ... |
| | | | ... "The trustees and executives don't necessarily want to be hamstrung for the rest of their lives because they're a trustee and executor. Once again, there's a lot of pressure on them to act at all times in accordance with the Trust Act, and ... |
| | | | APRA has imposed additional licence conditions on Fiducian over concerns the super trustee failed to ensure proper oversight of the investment options made available to members on its platform. The step by the regulator follows a thematic review of ... |
| | | | ... legislative obligation on superannuation trustees to report to ASIC suspicious or anomalous patterns of behaviour, which the trustee reasonably considers could place their membership at risk of significant detriment," Kirkland said. He added that ASIC ... |
| | | | When Melinda Kee was sick with COVID-19, she took respite for one week. Kee saw it as an opportunity to tick off some personal administration she'd been meaning to get to, such as changing her pet and health insurance, and electricity and gas providers. ... |
| | | | APRA has provided approval for Insignia Financial to be taken over by CC Capital's Daintree Bidco. Under the deal announced in July 2025, APRA's approval was required for Daintree Bidco to hold a controlling stake in Insignia Trustees. The acquisition ... |
| | | | ... technology, and investment governance structures, as well as engagement models that reflect the tri-partite relationship between trustee, adviser and member. The analysis also found that financial adviser-focused platforms hold 6% of the total super ... |
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