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Showing 1841 - 1850 of 10361 results for "Trust"

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
A joint regulatory review finds that superannuation funds are shrugging off the urgency to offer robust retirement income strategies and are failing to integrate this mandate into their business plans. One year since the Retirement Income Covenant took ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
The superannuation industry can expect to offer holistic advice as assistant treasurer Stephen Jones reasons that its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... assessment process currently underway. Earlier in the month, the ASX laid out its five-year plan to restore stakeholders' trust, with chief executive Helen Lofthouse saying the plan rests on four pillars: one ASX, great fundamentals, customer driven ...

HNW wealth transfer still on the to-do list

CHLOE WALKER  |  SATURDAY, 15 JUL 2023
Developing a wealth transfer plan remains on the to-do list for Australia's wealthiest, according to LGT Crestone's latest State of Wealth report. The report, now in its fourth year, uncovered nearly two thirds of Australian high-net-worth (HNW) ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023
... consumers are not being misled," ACCC chair Gina Cass-Gottlieb said. "False or misleading claims can undermine consumer trust in all green claims, particularly when consumers are often paying higher prices based on these claims. "Similarly, businesses ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... Altman said he is disappointed. "It is very disappointing to see the FTC's request start with a leak and does not help build trust," he tweeted. "That said, it's super important to us that our technology is safe and pro-consumer, and we are confident ...

Acting retirement lead appointed at Australian Retirement Trust

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
Two Australian Retirement Trust (ART) executives have stepped into new interim roles ahead of the newly appointed chief of retirement arriving at the end of the year. As recently announced by the $240 billion superannuation giant, Kathy Vincent has ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
The Financial Regulator Assessment Authority (FRAA) has affirmed the effectiveness of APRA in superannuation supervision, while identifying underdevelopment in the regulator's resolution function. The FRAA tabled five recommendations for APRA to enhance ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... Super members were told, adding that it was "positive news" for the fund. Equity Trustees is trustee for the Smart Future Trust which was formed when Future Super acquired the Aon Master Trust in 2021. A Future Super Group spokesperson told Financial ...

Equity Trustees takes on new RE mandate

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
AL Capital (ALC), the independent investment and fund management arm of Aqualand Group, selected Equity Trustees to be the responsible entity of its new range of retail funds. The funds include the ALC Global Credit Fund, the ALC Active Australian Equity ...