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Showing 231 - 240 of 269 results for "Corporate Trust"

Coalition wants fund governance changes: Fletcher

BEN COLLINS  |  TUESDAY, 5 FEB 2013
Paul Fletcher, the Liberal Party member for Bradfiled who sits on the Parliamentary Joint Committee on corporations and financial services, has voiced the Federal Opposition's concerns about superannuation fund governance. Speaking yesterday in Melbourne ...

Perpetual sells mortgage business

BEN COLLINS  |  THURSDAY, 12 JUL 2012
... Services (PLMS) were announced as part of downsizing plans announced 25 June 2012. "The sale allows us to refocus our Corporate Trust business on corporate fiduciary services, in line with the objectives of Transformation 2015. While PLMS is competitively ...

Perpetual sells registry business

BEN COLLINS  |  TUESDAY, 3 JUL 2012
... full change in ownership for the registry business. The registry business is a small business within Perpetual Corporate Trust, employing only two staff, and its revenue accounts for less than 0.2% of Perpetual's total revenues. However clients with ...

Stonger Super second tranche amendments released

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
The government has released amendments to the second tranche of the Stronger Super legislation. This includes expanding the covenants for registrable superannuation entity (RSE) licensees, applying new trustee duties to trustees of an RSE that offers ...

Stronger Super draft needs clarity

ELISE BURGESS  |  TUESDAY, 17 JAN 2012
The second tranche of Stronger Super is in need of more clarity, according to AIST in its submission on the Bill, with calls for clearer terminology and the legal boundaries of trustees. Submissions are being accepted from industry participants on the ...

Round two of Stronger Super revealed

CLAIRE MCGREAL  |  TUESDAY, 13 DEC 2011
Superannuation industry bodies have until January 13 to make submissions on the second tranche of the government's Stronger Super legislation, unveiled late yesterday. The latest exposure draft follows the introduction of the first part of the Superannuation ...

Perpetual posts results, buy-back option

ELISE BURGESS  |  FRIDAY, 26 AUG 2011
... The Private Wealth division average FY11 FUA was $8.7 billion or 7% higher than last year's results, while its Corporate Trust revenues increased by 11% from last year, to $97.2 million, but declined by 14% from the first half of 2011 to the second half. ...

Rainmaker launches Market Entry Report in Monaco

MATT WOODINGTON  |  MONDAY, 27 JUN 2011
... intermediaries and a guide on establishing and operating managed investment schemes. The sponsors of the report, Perpetual Corporate Trust, MainstreamBPO and Ernst & Young, are attending and participating at the conference, which brings together more ...

Budget tweak to SMSF rules

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Self-managed super fund trustees can relax after the Budget brought no great changes other than a $30 increase in levies and a curiously helpful legislative tweak, an industry expert said today. Self-managed fund expert Tim Miller, head of technical ...

Takeover will not affect client funds: Perpetual

RUTH LIEW  |  WEDNESDAY, 27 OCT 2010
... to exploit "significant divestment opportunities" in the group, analysts say. "We believe buyers exist for the Corporate Trust, Mortgage Servicing and Private Wealth businesses outside the group," UBS said. Meanwhile, Russell Gill at JPMorgan argued ...