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Showing 261 - 270 of 4509 results for "Trustee"

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
APRA is warning superannuation funds "not to cut corners" when in it comes to getting their operational risk management in order as the landmark prudential standard CPS 230 comes into effect today. CPS 230 Operational Risk Management effectively forces ...

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
APRA's 2025 Stakeholder Survey shows that cyber security risk has emerged as the topmost concern in financial services. The survey, which gathered responses from 262 financial institutions, revealed that the threat of cyber security was listed as a ...

First Super deputy CEO jumps ship

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
... expectations. Boucher earlier held a senior marketing role at State Trustees, the state government-owned company and the public trustee for Victoria.

Pension leaders urge US 401(k) plans to embrace private markets

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
Pension trustees and investment strategists see an opportunity to expand US DC savings into private market assets, particularly real estate. According to discussions at the Pension Real Estate Association (PREA) Spring Conference, experts including ...

APRA acknowledges need to reduce regulatory burden

JAMIE WILLIAMSON  |  THURSDAY, 26 JUN 2025
Thirty-four percent of the entities regulated by APRA feel changes made to the prudential framework failed to adequately consider the increased costs imposed on the industry, while 33% say the compliance burden outweighs the benefits. Those are some ...

Hollywood actors lobby pension fund to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUN 2025
More than 200 actors have signed an open letter to the trustees of the SAG-Producers Pension Plan asking it to divest from fossil fuels and redirect the assets into responsible investments. Members of the Screen Actors Guild and the American Federation ...

AFCA urges adviser clarity on SMSF wholesale investor test

KARREN VERGARA  |  MONDAY, 23 JUN 2025
The Australian Financial Complaints Authority (AFCA) is urging financial advisers to gain clarity and better understanding on whether the wholesale investor test applies when advising SMSFs. Even if SMSF trustees have extensive investment experience ...

Equity Trustees rapped over the knuckles by ASIC

JAMIE WILLIAMSON  |  THURSDAY, 19 JUN 2025
Equity Trustees was fined nearly $60,000 by the regulator for making misleading statements about the holdings of a sustainable bond fund. Equity Trustees agreed to pay three infringement notices totalling $56,340 over allegations it made misleading ...

En garde: New fund eyes Vanguard, Betashares' turf

ANDREW MCKEAN  |  THURSDAY, 19 JUN 2025
... arguably strongest. Clues to Global X's intentions lie in an Australian Business Number (ABN) registration titled 'The Trustee for Global X 300 ETF.' A few weeks earlier, a separate entry appeared on ASIC's company registry under the name 'Global X Australia ...

New SMSF industry body launches

KARREN VERGARA  |  THURSDAY, 19 JUN 2025
The SMSF Innovation Council has launched to provide the SMSF sector with education, advocacy and a best-practice framework to help navigate the digital assets landscape. Chaired by Kate Cooper, the initiative is focused on collaborating and sharing ...