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Showing 2701 - 2710 of 3323 results for "Trustees"

EQT completes OAMPS buy

RUTH LIEW  |  THURSDAY, 4 NOV 2010
Equity Trustees has finalised its acquisition of the $265 million OAMPS Super Fund. The listed financial services group bought the fund, which previously belonged to the Wesfarmers Group, on 1 November. EQT chairman Tony Killen said OAMPS is a great ...

Super education on offer

ELISE BURGESS  |  TUESDAY, 2 NOV 2010
... trillion superannuation industry. Earlier this year, Victoria University (VU) and the Australian Institute of Superannuation Trustees (AIST) developed the first new university course in superannuation management in response to demand for university qualifications ...

FSC appoints new chair

FSC ANNOUNCEMENT  |  FRIDAY, 29 OCT 2010
... Filling their roles are Geoff Summerhayes, chief executive, Suncorp Life, and Robin Burns, managing director, Equity Trustees. The Financial Services Council Board Chairman A, Peter Maher, Head of Banking and Financial Services Group, Macquarie Bank. ...

Industry could face another inquiry

RUTH LIEW  |  TUESDAY, 26 OCT 2010
... industry needs is another review," said Fiona Reynolds, chief executive of the Australian Institute of Superannuation Trustees. "The industry is still working its way through the recommendations of the Cooper Review, the Ripoll Inquiry and various other ...

Full steam ahead for MySuper

RUTH LIEW  |  MONDAY, 25 OCT 2010
... new duties that require fund providers to deliver "value for money" or be stripped of their license by the regulator. Trustees will have to apply for a license from the Australian Prudential Regulation Authority to operate the MySuper fund.

Lower fees or lose advantage: ACTU

RUTH LIEW  |  MONDAY, 18 OCT 2010
... and the product offering of the banks and life offices. "In that context, it affects all of us who are industry fund trustees and in particular, to put continual downward pressure on fees that our members pay," he said at an AIST lunch last Friday. Lyons ...

All cashed up and ready to pounce

ELISE BURGESS  |  FRIDAY, 15 OCT 2010
Self managed super fund trustees are looking to invest a portion of their cash holdings, currently accounting for more than 50 per cent of their portfolio, into shares, a new survey shows. The Ubank survey released in February this year found t hat ...

Investors demand 'transactional' advice

ELISE BURGESS  |  FRIDAY, 15 OCT 2010
... requires a distinct transactional approach from advisers. That is, rather than seek a holistic financial advice, many trustees are taking self-diagnostic tests to find out which areas of their finance they need advice on. "Self-diagnosis is playing a ...

Super funds call for new fee paradigm

JOHN MCDULING  |  THURSDAY, 14 OCT 2010
The Australian Institute of Superannuation Trustees (AIST) has renewed calls for alternatives to the existing asset-based and performance-based fee models. The AIST research published last month recommends a hybrid fixed dollar fee/performance fee model ...

Trustees must raise bar on governance: ASFA

RUTH LIEW  |  WEDNESDAY, 13 OCT 2010
Superannuation trustees should be subject to higher governance standards than listed company directors owing to the long term and compulsory nature of super, according to industry body ASFA. This week ASFA launched its updated Governance Best Practice ...