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Showing 1 - 10 of 25 results for "Independent trustees"

'No basis' to ban independent trustee model: Equity Trustees

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
... saying there is "no sound basis" for banning the professional independent trustee model. Equity Trustees said independent trustees look after the interests of 990,000 members and has grown from approximately $10 billion to $150 billion in ten years. ...

Metrics supports efforts to raise standards in private credit

RIDDHIMA TALWANI  |  THURSDAY, 6 NOV 2025
... proactive risk management," he said. "Our approach is underpinned by a clear focus on governance, including independent trustees, detailed quarterly portfolio reports for investors, and independent portfolio review, impairment testing and market pricing ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... ('industry') funds that provide equal representation of employee and employer representatives, and independent trustees or directors on superannuation boards. "This is a misguided effort from the chair to undermine the representation of employees ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
MSC Trustees has acquired abrdn's Australian trustee entity, becoming the corporate trustee of 10 funds. The fund book, comprising $1.5 billion in funds under management, includes the abrdn Sustainable Asian Opportunities Fund, abrdn Sustainable ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... Super and Superhero Super. APRA deputy chair Margaret Cole said the conditions set baseline expectations for independent trustees. "The inherent complexity of the independent trustee model, with one trustee having oversight over a substantial number ...

Trustee firm adds executive

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
A trustee and fund administration services provider appointed a new senior executive to its trustee business to co-lead its expansion. Glenn White, formerly senior business development manager at Australian Executor Trustees (now Sargon), has joined ...

Macquarie buys UK investment bank for $4bn

ALEX BURKE  |  FRIDAY, 21 APR 2017
... (USS), purchased the Green Investment Bank from the UK government under a special share arrangement where five independent trustees will ensure Macquarie preserves the bank's green energy focus. Macquarie said that upon the acquisition's completion ...

Bragg to leave FSC

DARREN SNYDER  |  FRIDAY, 30 SEP 2016
... FSC's Standard 20, which has delivered stronger governance to superannuation funds by mandating a majority of independent trustees for FSC member funds," she added. "He was also instrumental in initiating the Trowbridge review into the life insurance ...

Governance bill loses Senators' support

DARREN SNYDER  |  WEDNESDAY, 2 DEC 2015
... academics with specialist knowledge of global pension fund governance. He said Fraser was one of the first independent trustees of industry super funds and "is uniquely placed to lead this review. He understands what makes industry super funds tick ...

Retail funds cheer super board governance bill

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
... The Superannuation Legislation Amendment (Trustee Governance) Bill 2015 considers increasing the number of independent trustees in fund boards and considering professionals from more diverse backgrounds for director roles. However, the government's proposal ...
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