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Showing 1591 - 1600 of 10364 results for "Trust"

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
Link Group is on track to become part of Mitsubishi UFJ Financial Group (The Trust Bank) by mid-2024, having kicked off work to integrate the businesses. In a trading update this morning, Link said it has filed all major regulatory approval submissions ...

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... manager won't be changing any time soon, it says. The research house indicated that it would require more time to rebuild trust in Magellan, leaving its stewardship evaluations for the firm's funds unchanged. Morningstar research highlighted that Magellan ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... as well as investment returns and administration costs." The action is being funded by Woodsford. "Everyday Australians trust their superannuation funds to look after their hard-earned dollars which they have invested for their retirement," Woodsford ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... majority want to be the masters of their own fate when it comes to managing their nest eggs. Some 70% of respondents said they trust themselves over their superannuation fund to make decisions about which retirement products to use. Half of super members ...

Bell Asset Management looks to exit RE services

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... Fund, Bell Global Emerging Companies Fund and Bell Global Sustainable Fund to vote in favour of installing Perpetual's The Trust Company as RE. The fund manager is currently RE of all three funds. It is also trustee and is responsible for the custody ...

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... advice business is being addressed and that she will meet with advisers next week to discuss many of these issues. The master trust business reported an underlying NPAT of $53 million, which was in line with FY 22. "Lower AUM based revenue (down 10.4%) ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
Investment returns for APRA-regulated superannuation funds lagged self-managed super funds (SMSFs) by 4.1% in the 2021-22 financial year, according to the University of Adelaide. During this period, while the S&P/ASX 200 index declined by more than ...

Highest paid industry super executives revealed

ANDREW MCKEAN  |  FRIDAY, 9 FEB 2024
... fund size significantly influences executive pay, the correlation isn't direct. For instance, Australian Retirement Trust chief investment officer Ian Patrick earned $1.2 million, ranking 11th, even though the fund is Australia's second largest. ...

EQT winds up Mirae Asia equity fund

CHLOE WALKER  |  FRIDAY, 9 FEB 2024
Equity Trustees (EQT) is set to close the Mirae Asset Asia Great Consumer Equity Fund, with final termination expected on or around April 5. As the fund's responsible entity, EQT said the decision to close the Asia Great Consumer Equity Fund was ...

Brite Advisors to be wound up

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... Nicol as liquidators to Brite and as receivers and managers over the property, assets and undertakings held by Brite on trust for others. Smith and Kirkman are very familiar with the case, having worked as investigative accountants and as receivers since ...