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Showing 201 - 210 of 4509 results for "Trustee"

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 ...

Avantis Investors launches active ETFs in Australia

MATTHEW WAI  |  WEDNESDAY, 1 OCT 2025
In response to mounting interest from the local market, Avantis Investors has entered the ETF scene with three active offerings. Avantis Investors, a subsidiary of American Century Investments, has launched the Avantis Small Cap Value Active ETF (AVTS) ...

Super funds must improve reporting, audits: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 30 SEP 2025
Registrable superannuation entities (RSEs) must do more to ensure asset valuations in financial reports are reliable and improve disclosure of sponsorship and advertising expenses. Those are two key outcomes of an ASIC review into the financial reporting ...

Rest pays $40k over misleading statements

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
ASIC issued two infringement notices to the industry fund for misleading statements it made after charging more than 2000 members for insurance cover they were not supposed to have. The regulator said Rest made false or misleading representations in ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
About three years ago, robo-advisers, one by one, began dropping like flies. The likes of Six Park, Upstreet and Advice Intelligence either folded or were acquired. Even Ellerston Capital's ethically based robo-adviser, which launched in early 2023 ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
The Australian Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership ...