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Showing 2851 - 2860 of 10366 results for "Trust"

FSC launches DDO templates

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
The Financial Services Council (FSC) and 60 of its members have worked together to launch two products ahead of the design and distribution obligations (DDO) regime. The FSC and members from life insurance, funds management and superannuation have collaborated ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
The Association of Financial Advisers has hit back at ASIC and APRA for causing "confusion" and "interfering" with financial advice as they look to introduce new changes to Statements of Advice. The association points to the regulators' joint letter ...

New chair for AIA Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
... at ANU and the ARC Centre of Excellence for Quantum Computation and Communication. He is a director of Linfox and Mutual Trust. Yates had a long career in investment banking, including 15 years at Macquarie and was managing director of Oceania Capital ...

ACSA chief executive steps down

ANNABELLE DICKSON  |  WEDNESDAY, 7 JUL 2021
... nearly a quarter or $973.2 billion of the $1 trillion custody asset pool is serviced by J.P. Morgan, followed by Northern Trust at $660.9 billion, which has a 16% market share, and Citi at $589.7 billion, with a 15% holding.

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
BT Super for Life will increase the cost of its standard life insurance cover by 13.1% from August 1. The standard cover includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one ...

Vision Super appoints new chair

ELIZABETH MCARTHUR  |  TUESDAY, 6 JUL 2021
The $12.2 billion industry super fund Vision Super has appointed its first female chair. Lisa Darmanin stepped into the role at the start of the new financial year, replacing Geoff Lake after his three-year term was completed. She has been a director ...

CFS unveils new leadership team

KARREN VERGARA  |  MONDAY, 5 JUL 2021
Colonial First State unveiled a new leadership team to help transform the business, which includes the appointment of a chief executive for CFS Superannuation. General manager of product Kelly Power has been promoted to chief executive for CFS Superannuation ...

SocietyOne launches portal, hires

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
... promised to national business development manager and broker support manager. "SocietyOne has greatly valued the strength and trust generated by our broker channel since we launched with outsource Financial Group in 2018," SocietyOne chief executive ...

Stop abusers hiding super: AIST

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
The Australian Institute of Superannuation Trustees (AIST) is calling on Parliament to ensure abusive partners cannot hide their super from domestic violence victims. In a submission, AIST supported the proposed Treasury Laws Amendment (Measures for ...

Regulators warn trustees of super advice fee obligations

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
The regulators issued a firm reminder to trustees and financial advisers to heed the new law that limits the charges on superannuation advice. From July 1, trustees and financial advisers must have the proper processes and systems in place to meet the ...