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Showing 2471 - 2480 of 10367 results for "Trust"

Aware increases stake in Lendlease retirement trust

CHLOE WALKER  |  FRIDAY, 1 APR 2022
Aware Super has agreed to buy an additional 24.9% of the Lendlease Retirement Living Trust for $490 million. The industry fund acquired an initial 25% interest in the entity a year ago for $460 million. Upon completion, Aware Super will hold a 49.9% ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
The investment manager has disclosed the loss of a substantial institutional mandate and, in a separate matter, seen the details of a 2018 misconduct investigation aired by the UK regulator. Overnight GAM International announced an unnamed institutional ...

ASIC extends relief for retirement estimates

CHLOE WALKER  |  THURSDAY, 31 MAR 2022
ASIC has extended the relief for superannuation trustees who give their members retirement estimates as part of their periodic statements. The existing relief has been extended for a period of nine months, which the regulator said will allow superannuation ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
Contrary to most other years, the superannuation industry has escaped unscathed from the Federal Budget, but not everyone is happy about it. Last night's Federal Budget saw no major changes to superannuation, with the Association of Superannuation Funds ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... less than $10 billion in assets. These include Alcoa of Australia Retirement Plan, Australian Meat Industry Superannuation Trust, BUSSQ, First Super, Meat Industry Employees Superannuation Fund, Perpetual WealthFocus, Qantas Super, REI Super and TWUSUPER. ...

Global X adds to local team

CHLOE WALKER  |  TUESDAY, 29 MAR 2022
... ETFs in Australia, Blair will work closely with the research, marketing and sales teams to facilitate understanding and trust in our funds. "Given his vast knowledge of the Australian investor landscape, he will be instrumental in consumer adoption of ...

Greater independence for TPB

ELIZABETH MCARTHUR  |  MONDAY, 28 MAR 2022
... Tax Practitioners Board, the Morrison government has taken steps to continue to enhance the TPB's independence, fostering trust and confidence in the regulation of tax practitioners," assistant treasurer Michael Sukkar said. "The government has secured ...

Colonial First State CFO in new role

CHLOE WALKER  |  MONDAY, 28 MAR 2022
... years as chief financial officer of Commonwealth Bank's wealth management business. He is also a former general manager, trust and fund services at Perpetual. Bendigo and Adelaide Bank managing director and chief executive Marnie Baker said the flexibility ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... 2008 Global Financial Crisis," he said. "The Treasurer should establish and finance a sovereign wealth fund managed by a trust comprised of people from all walks of life - including economists." In this scenario, the board of trustees would release a ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
Citing members' best interests, the trustee is closing several of OneSuper's sub-plans due to lack of scale. Diversa Trustees' OneSuper, formerly known as Smartsave, is home to 14 superannuation offerings including Allan Gray Superannuation ...