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Showing 2571 - 2580 of 3323 results for "Trustees"

Super funds push for better hedge fund governance

MICHELLE BALTAZAR  |  THURSDAY, 15 SEP 2011
... get all their money back. "It probably tied up more time in our investment committee meetings than any other issues. Trustees get very frustrated over those kind of issues and leaves a sour taste in their mouths over hedge funds in general," he said. ...

SMSFs given leeway on property assets

MATT WOODINGTON  |  WEDNESDAY, 14 SEP 2011
Self managed super fund trustees will be allowed to make improvements to property assets under a proposed new ruling from the Australian Taxation Office, which has also relaxed its interpretation of single acquirable assets. The ATO's draft ruling on ...

APRA drafts new super guidelines

ELISE BURGESS  |  TUESDAY, 13 SEP 2011
... standards for regulated superannuation funds and approved deposit funds. The drafts focus on offering practical guidance for trustees and APRA expectations in these areas. Key changes within the drafts includes guidance for contributions made 'in error' ...

ASIC warns CFOs after Westpoint sentencing

MATT WOODINGTON  |  MONDAY, 12 SEP 2011
... pursued a wide range of actions and remedies concerning Westpoint against gatekeepers such as financial advisers, auditors, trustees and directors." ASIC has banned 23 licensed advisers, four unlicensed advisers and one corporate entity for advice given ...

Super funds signal intention to delve into overseas property

MATT WOODINGTON  |  WEDNESDAY, 7 SEP 2011
... Asian Association for Investors in non-listed Real Estate Vehicles (ANREV) and the Australian Institute of Superannuation Trustees (AIST), unearthed renewed appetite for overseas assets. Constraints in the domestic market, the search for high yields ...

BT Future2 Wheel Classic hits the road

RACHEL DAVIS  |  TUESDAY, 6 SEP 2011
... out from Bourke tomorrow and ends in Martin Place on Friday 16 September. Ray Griffin and Peter Bobbin, both founding trustees of Future2, will be among the riders to travel the final leg of the journey from Centennial Park to Martin Place. Employees ...

SMSFs cash deposits reflect volatility

ELISE BURGESS  |  FRIDAY, 2 SEP 2011
SMSFs trustees are hesitant investors with too much focus on cash deposits, moving $40 billion into cash products since 2009, according to a report from Vanguard and Investment Trends. This 'wall of cash', as the report calls it, has developed over ...

IOOF combines multi managers and adds director

MATT WOODINGTON  |  THURSDAY, 1 SEP 2011
... United Funds remaining open but rebranded to Multimix Trusts, the responsible entity will change from Australian Executor Trustees to IOOF Investment Management. The changes will take effect on September 30. Meanwhile, former managing director of accounting ...

MyState builds momentum with Rock merger

MATT WOODINGTON  |  WEDNESDAY, 31 AUG 2011
... $1.68 billion in funds under management and advice. MyState, which consists of MyState Financial and Tasmanian Perpetual Trustees and has a market capitalisation of $235 million, will own 78% of the merged entity with The Rock shareholders owning 22%. ...

Brookes departs as CCSL chief

MATT WOODINGTON  |  WEDNESDAY, 31 AUG 2011
Chief executive officer Nicholas Brookes will leave superannuation trustee business CCSL today, following the company's sale to Diversa Group in April. Brookes founded CCSL in 2006 and has built up a healthy client base of 22 with $1.2 billion of funds ...