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Showing 2521 - 2530 of 3323 results for "Trustees"

Stonger Super second tranche amendments released

CLAIRE MCGREAL  |  THURSDAY, 16 FEB 2012
... includes expanding the covenants for registrable superannuation entity (RSE) licensees, applying new trustee duties to trustees of an RSE that offers a MySuper product and applying personal duties to the directors of corporate trustees in their own right. ...

Pricing competition risks net returns from MySuper: FSC

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
... governance standards in super with banking, general and life insurance industries." In terms of new capital requirements for trustees calculated on a risk-weighted basis, the FSC has said the Government is on the mark with its response to Stronger Super ...

SMSFs focus on risk reduction: report

RACHEL DAVIS  |  WEDNESDAY, 15 FEB 2012
... of Australia (SPAA) and Russell Investments today launched the second annual SMSF report which revealed a focus among trustees on risk reduction and increased interest in SMSFs among a younger demographic. The new report, 'Intimate with Self Managed ...

ASIC brings criminal charges against SMSF adviser

CLAIRE MCGREAL  |  WEDNESDAY, 15 FEB 2012
... in Sutherland, where he worked from January 2004 to September 2007. Dangar provided technical superannuation advice to trustees of self-managed superannuation funds (SMSFs) as well as compliance advice to other accounting firms. ASIC alleges he falsely ...

Stronger Super makes trustee role unappealing: Mercer

ELISE BURGESS  |  THURSDAY, 9 FEB 2012
Additional requirements placed on super fund trustees in the proposed Stronger Super legislation will make the role less appealing and raise costs, according to Mercer's submission to the Federal Treasury. In responding to the Exposure Draft: Superannuation ...

Trio super victims receive compensation

CLAIRE MCGREAL  |  WEDNESDAY, 8 FEB 2012
More than $54 million in compensation is set to be pumped into the super accounts of over 5,000 people whose retirement savings were defrauded in the collapse of Trio Capital from today. The government is granting the financial assistance to members ...

APRA MySuper changes burden for industry

MELANIE TIMBRELL  |  MONDAY, 6 FEB 2012
... products, saying the condition will reduce competition and damage the tender process. Under the proposed amendments, trustees would require a separate authorisation from APRA for each MySuper product offered, conceivably resulting in thousands of authorisations ...

BetaShares appoints new head of portfolio construction

CLAIRE MCGREAL  |  WEDNESDAY, 1 FEB 2012
... him lead BetaShares' asset allocation and portfolio construction strategy. He'll also be educating advisers and SMSF trustees on exchange traded funds (ETF) and analytics. As well as setting up two businesses including Alpha Financial Products and LPAC ...

Property-reliant SMSFs face potential risks

MELANIE TIMBRELL  |  TUESDAY, 31 JAN 2012
Despite the increase in popularity of holding property investments among SMSF trustees, the practice comes with an element of danger, according to HLB Mann Judd. Information released in the most recent Mutiport SMSF portfolio analysis recorded a marginal ...

Fiducian acquisition expands planning business

CLAIRE MCGREAL  |  MONDAY, 30 JAN 2012
Fiducian Financial Services has bought the retail financial planning arm of Victorian state owned business State Trustees, as part of plans to expand its adviser presence in Australia. Owned by Fiducian Portfolio Services, which is listed on the Australian ...