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Showing 2211 - 2220 of 10367 results for "Trust"

UniSuper chair to step down

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
... career which included serving as chief executive of BT Financial Group and global head of investment management for Bankers Trust. He is also currently chair of QIC. "Ian has been a source of steady wisdom, experience and perspective in his role as chair ...

TPB, bans dishonest tax agents

CASSANDRA BALDINI  |  TUESDAY, 18 OCT 2022
... a strong level of integrity in their lodgement activities. "Registered tax practitioners are in a privileged position of trust, and it is essential that they ensure their actions uphold the integrity of the tax and superannuation systems," he comment ...

Hejaz launches Sharia-compliant ETFs

CHLOE WALKER  |  MONDAY, 17 OCT 2022
Two of the group's Sharia-compliant funds are now available on the ASX, appointing a responsible entity for both. Both the Hejaz Equities Fund and the Hejaz Property Fund aim to create a positive impact and building wealth for members without negatively ...

MSC Trustees receives CCIV authorisation

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
MSC Trustees is now authorised to operate both retail and wholesale Corporate Collective Investment Vehicles (CCIV), becoming the first professional trustee firm to do so. The CCIV framework was effective July 1. MSC Trustees is also now the first to ...

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Netwealth's funds under administration (FUA) increased by $2.5 billion in the September quarter, now coming in at $58.1 billion. FUA has increased a total of $6.1 billion in the 12 months to September 30, despite negative markets. Funds under management ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
Australia's retirement system has been awarded a B+ by Mercer and the CFA Institute in their 2022 Global Pension Index, ranking sixth overall for the second consecutive year. The index covers 44 retirement systems around the world, measuring them on ...

Super fund satisfaction takes hit

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... communication around investments and fees; and age-appropriate communication using their channels of choice, are key to building trust and loyalty," she said. "Especially since 'trust', 'excellent financial returns' and 'making members feel valued' continue ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
Appearing before the House of Representatives' Economics Committee, APRA's Margaret Cole said the regulator is concerned about some of the super funds that passed the performance test yet fail the regulator's own sustainability testing. ...

GQG Partners awards RE mandate

CASSANDRA BALDINI  |  MONDAY, 10 OCT 2022
GQG Partners has appointed Equity Trustees as the responsible entity (RE) for its new dividend income fund. The Global Quality Dividend Income Fund aims to provide a rate of return exceeding the MSCI ACWI High Dividend Yield ex Tobacco AUD Index. It ...

APRA unmasks fund outsourcing impacts

ANDREW MCKEAN  |  THURSDAY, 6 OCT 2022
APRA's thematic review on outsourcing arrangements in the superannuation industry found that trustees' efforts since the Royal Commission have resulted in stronger board oversight and monitoring of outsourcing arrangements and service providers. The ...