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Showing 2771 - 2780 of 10366 results for "Trust"

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
There is a misunderstanding that superannuation fund mergers will automatically lead to scale benefits for members, according to Spirit Super's chief investment officer. Speaking at the Australian Institute of Superannuation Trustees (AIST) ASI ...

CFS drops admin fees on FirstChoice Employer Super

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... million in total forgone revenue for CFS, the firm estimates. The latest fee cut comes as the CFS FirstChoice Superannuation Trust is named as one of the 13 MySuper products that failed the inaugural Your Future, Your Super performance test. "Despite ...

New role for Harvey Kalman

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Former Equity Trustees global head of business development Harvey Kalman has joined a debt and special opportunities investment manager. He joins Arbitrium Capital Partners as non-executive director and chair of its credit risk committee. In July this ...

Market momentum to continue: ASI Conference

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
Superannuation funds have experienced a year of stellar returns and it is set to continue with the risk of a correction unlikely in the short-term. Speaking on a panel at the Australian Institute of Superannuation Trustees (AIST) ASI 2021 conference ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
Big names like Colonial First State's FirstChoice, BT Super and Christian Super are among the 13 superannuation funds that failed APRA's inaugural performance test. In all, APRA tested 76 MySuper products in this round, of which 13 failed. This ...

Plan to increase competitiveness of managed funds

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
The federal government is rolling out its plan to increase the international competitiveness of Australia's managed funds sector. Treasury will begin consultation on finalising its Corporate Collective Investment Vehicles (CCIVs) regime. According to ...

Former adviser hit with criminal charges

KARREN VERGARA  |  MONDAY, 30 AUG 2021
After breaching his ASIC banning order, a former financial adviser is facing criminal charges. Lawrence Toledo, who is a former representative of Sentinel Private Wealth, has been charged with breaching a financial services banning order on three occasions ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... Super began investing its MySuper option - which accounts for just 15% of members - in the Hostplus Pooled Superannuation Trust (PST). The deal was widely criticised as many, including several politicians, labelled the move an attempt to avoid merging. ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... MySuper No. 3 (20bps) and Australian Ethical's $1.9 billion balanced fund (17bps). These are followed by Russell Master Trust general division and Asgard employee MySuper ((15bps improvement each), Prime Super and Colonial First State FirstChoice Superannuation ...

ASIC outlines corporate plan

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
... protecting consumers and investors from harm. ASIC will make use of the full range of regulatory tools available to enhance trust in the financial system, and we will exercise our powers consistently, transparently and proportionately." Internally, ASIC ...