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Showing 2221 - 2230 of 10366 results for "Trust"

ART chair steps down

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
Don Luke is retiring as chair of Australian Retirement Trust later this year, with Andrew Fraser named as his replacement. Fraser, chair of Sunsuper before it merged with QSuper to create ART, will take over from mid-October, while Luke will remain ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
The government has released a discussion paper on the ASIC industry funding model, consulting on opportunities to simplify its design, possibly through the creation of new sub-sector definitions to make the apportioning of costs fairer. Treasury is ...

Qualitas secures $440m for debt fund

CHLOE WALKER  |  FRIDAY, 30 SEP 2022
The alternative real estate investment manager has secured a new capital commitment from a global institutional investor to underwrite its Construction Debt Fund II. The investment increases the size of the debt fund to approximately $1.2 billion of ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
... towards them." Earlier this month ASIC issued stop orders on the Australian Residential Property Fund and Private Property Trust No. 20 in response to deficiencies in their TMDs. In late July, ASIC used its powers under the DDO regime to place interim ...

FPA calls for sunset on experience pathway

JAMIE WILLIAMSON  |  WEDNESDAY, 28 SEP 2022
Most Financial Planning Association of Australia (FPA) members only support the introduction of an experience pathway if there is a sunset period included. In formulating its submission on the proposed education pathway for experienced financial advisers ...

Franking credit crackdown rife with unintended consequences: LICAT

ANDREW MCKEAN  |  WEDNESDAY, 28 SEP 2022
The Listed Investment Companies & Trusts Association (LICAT) has pulled no punches in its reprimand of the proposed legislative changes to franked distributions funded by capital raisings. In a submission to Treasury, LICAT explained that while there ...

Managed funds industry records $16bn net flows

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
... ETF with $2.4 billion for an increase of 27%. Dyall noted that this was five times the size of net inflows into the unit trust version of this product, the Vanguard Australian Shares Index Fund, which had inflows of $471 million. "That fund is $15.9 ...

New ethical investing app has launched

CASSANDRA BALDINI  |  MONDAY, 26 SEP 2022
Australian-owned ethical investing app Kwala has launched, providing access to future-focused companies with credentials in ethics, sustainability and prudent governance. Founders Peter Bennetto, Patrice Newell and Geoffrey Zabell developed Kwala with ...

Equity Trustees wins AEMO mandate

CHLOE WALKER  |  FRIDAY, 23 SEP 2022
... different projects under the Roadmap. Under the deal, Equity Trustees will also hold all the shares issued in the SFV in trust under the Electricity Infrastructure Investment Act. AEMO Services executive general manager Paul Verschuer described the establishment ...

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
Michelle Levy recounted hearing feedback on the Quality of Advice Review (QAR) for the first time to a panel comprising Association of Financial Advisers chief executive Phil Anderson, Financial Planning Association of Australia chief executive Sarah ...