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Showing 1741 - 1750 of 10361 results for "Trust"

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
After ignoring an Australian Financial Complaints Authority (AFCA) determination, which was then escalated to the Federal Court, NextGen Financial Group is now in the process of winding up. WJ & V Drakoulis Super, the trustees of the SMSF that sued ...

APRA moves to ensure improved member outcomes

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
APRA is updating Prudential Standard 'Strategic Planning and Member Outcomes' (SPS 515) to enhance member outcomes in superannuation, including requiring trustees to justify business-related expenses. The regulator's changes seek to align expenditure ...

Iress Wealth appoints interim chief

ELIZABETH FRY  |  FRIDAY, 22 SEP 2023
Iress has confirmed a mini reshuffle of its leadership team as Harry Mitchell chief executive of wealth management takes up a broader role, splitting his time between Australia and the UK. Consequently, the trading technology firm has promoted operating ...

Singaporean wealth manager mandates Aussie boutique

CHLOE WALKER  |  FRIDAY, 22 SEP 2023
... risk in a disciplined manner but consistently produce above market performance." SSCF is structured as a wholesale unit trust. Spatium Capital director and co-portfolio manager Jesse Moors said the investment strategy applied was originally through an ...

Australian Retirement Trust deputy CIO to go

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
Just weeks after announcing its chief executive is set to depart, Australian Retirement Trust's deputy chief investment officer is now following suit. The $260 billion super fund has confirmed Charles Woodhouse is leaving the fund for another role. ...

Australian Bond Exchange, Boston Global Group launch fund

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... targeting wholesale and sophisticated investors. The new fund is a new unregistered, and open-ended pooled investment unit trust which provides wholesale investors with exposure to fixed income securities and credit opportunities. The fund intends to ...

Launch of new superannuation body imminent

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... advocacy staff will transfer to the new body. The council is comprised of eight foundation funds, being Australian Retirement Trust, AustralianSuper, Aware Super, Cbus, HESTA, Hostplus, Rest, and UniSuper, representing about 10 million members and $1.4 ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
Close to 80% of local investors adjusted their investment strategy towards a more conservative approach in the last six months, according to HSBC's latest investor survey. The second iteration of the group's Investor Insights Survey found that ...

Financial planning veteran launches ideas exchange

ANDREW MCKEAN  |  MONDAY, 18 SEP 2023
TownsendCobain Private Wealth partner Tim Townsend has launched a forum-based initiative, WealthLeaders eXchange, targeting financial advisers involved in the investment decision-making process and with client assets of at least $200 million. "What ...

First Australians Capital appoints managing partner, receives $9m backing

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... organisation with a grant to scale, grow, and get to the catalytic space at the big end of town.. "Thanks to the PRF's trust in FAC, these funds will empower FAC to decide how we approach our strategy to better support First Nations businesses and ...