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Showing 161 - 170 of 4474 results for "Trustee"

ASIC targets funds over 'disappointing' retiree communications

ELIZA BAVIN  |  TUESDAY, 14 OCT 2025
... and provide more meaningful support. ASIC's review, Report 818 From superficial to super engaged: Better practices for trustee retirement communications, found some trustees offer one-size-fits-all retirement communications aimed primarily at pre-retirees. ...

Morningstar calls out platform TDPs' use of rebates

KARREN VERGARA  |  MONDAY, 13 OCT 2025
Analysis by Morningstar calls out a significant number of platform trustee-directed products (TDPs) were able to pass the recent superannuation performance test by tweaking rebates. Morningstar's report Putting the performance test to the test shows ...

Insurers design framework for dealing with mental health claims

MATTHEW WAI  |  MONDAY, 13 OCT 2025
The Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims over the next 12 months, working with an expert panel from related fields to ensure claimants are assessed appropriately. The framework will ...

ASIC seeks compensation for Shield victims from EQT

ELIZA BAVIN  |  MONDAY, 13 OCT 2025
... pay compensation to members." O'Brien said the total investment in Shield for the two super funds for which ETSL is the trustee was revalued on September 30 from $151 million to $78 million. "The revaluation was based on the midpoint of the valuation ...

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
ASIC chair Joe Longo has told a Senate estimates hearing that the corporate regulator is working closely with Treasury and the government on law reform in the wake of the Shield Master Fund and First Guardian Master Fund collapses. Longo said high risk ...

Platform trustees told to improve investment governance

JAMIE WILLIAMSON  |  TUESDAY, 7 OCT 2025
... instances of solid, transparent governance processes with proactive involvement from the Office of the Superannuation Trustee, as well as well-structured frameworks for timely and consistent remedial action and member transfers. The regulator now requires ...

Eildon recommends Samuel Terry takeover

KARREN VERGARA  |  TUESDAY, 7 OCT 2025
... trading day before the offer was announced," the committee said. Samuel Terry currently owns 63.08% of Eildon. It is the trustee for the Samuel Terry Absolute Return Active Fund, which has $1 billion in assets under management. Eildon's committee argued ...

APRA warns of super fund sustainability challenges

JAMIE WILLIAMSON  |  THURSDAY, 2 OCT 2025
Almost half of all super funds have seen a decline in member accounts over the last year, despite the number of member accounts across the industry having increased. APRA assessed super funds' performance against a variety of metrics over one, three ...

MUFG 'sincerely apologises' to Cbus over claim delays

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... with the industry as a whole. "The insurance claims process is a complex one involving multiple parties, including the trustee, insurers and ourselves," Bhatia told the committee. "The issues highlighted recently are sector-wide and will require all ...

Macquarie Wrap removes dozens of funds

JAMIE WILLIAMSON  |  WEDNESDAY, 1 OCT 2025
... lack of investor interest in the offerings. For others, it said it was the decision of Macquarie Investment Management as trustee of the Macquarie Superannuation Plan to close the funds to investment by members. So far, Macquarie has publicly stated ...