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Showing 2911 - 2920 of 3323 results for "Trustees"

One in six DB funds in trouble: APRA

ALEX DUNNIN  |  FRIDAY, 15 MAY 2009
... Superannuation Fund Governance Conference earlier this month. Venkatramani said the regulator is working closely with the trustees of the individual funds and sub-funds to rectify the problem. "Given the pervasive impact of market falls across asset ...

ESG a fiduciary duty: Sherry

ALEX DUNNIN  |  THURSDAY, 7 MAY 2009
Trustees have a fiduciary duty to take long term factors, including ESG considerations, into account when selecting and managing investments, said Senator Nick Sherry. Senator Sherry, speaking at this morning's Finsia's leadership forum, said this is ...

Refine board succession: AIST

MICHAEL HOBBS  |  WEDNESDAY, 6 MAY 2009
... ensure the funds continue to operate effectively, according to a new survey. The Australian Institute of Superannuation Trustees (AIST) commissioned research conducted by KPMG, found not-for-profit funds are being managed by well educated trustee directors ...

Mercer wins NGS Super mandate

RUTH LIEW  |  WEDNESDAY, 6 MAY 2009
... retention," said David Anderson, business leader of Mercer's outsourcing business for Asia Pacific. "Employers and fund trustees are seeking both an economic and high quality outsourcing solution that not only reduces their administrative and regulatory ...

ANZ Super reviews trustees

RUTH LIEW  |  MONDAY, 4 MAY 2009
The $1.7 billion ANZ Staff Superannuation Scheme is on the hunt for trustees to join its board - a move that echoes Westpac Staff Super's recent call for members to elect two directors to its own board. Over the next few months, ANZ will be holding ...

Conflicts not all bad: AIST

ALEX DUNNIN  |  FRIDAY, 1 MAY 2009
In a major submission to APRA, the Australian Institute of Superannuation Trustees (AIST) has said that fighting for the elimination of conflicts of interest can be self-defeating. Instead, the peak interest group for not-for-profit super funds said ...

Another day another inquiry

ALEX DUNNIN  |  WEDNESDAY, 29 APR 2009
... aspects of the system including why some funds continually under-perform, fees and commissions, the role and education of trustees, and advisers. But making superannuation non-compulsory will not be considered. Senator Sherry said that issue was resolved ...

Smaller funds lack risk reserves

MICHAEL HOBBS  |  TUESDAY, 28 APR 2009
... parameters." Bob Faorlin, manager of superannuation at National Catholic Superannuation Fund, said he works with super fund trustees to ensure they can manage any operational risks. "We help develop the risk management programs and systems with the super ...

...and targets SMSF market

MICHAEL HOBBS  |  THURSDAY, 23 APR 2009
... launching the firm's Ascend SMSF product. Paul Sainsbury, director of product manufacturing at AMP, said the product allows trustees to have complete control over their fund while the firm manages administration and compliance. The AMP Ascend SMSF is ...

West Pymble adviser charged

ASIC RELEASE  |  WEDNESDAY, 22 APR 2009
... South Wales in November 2008 alleging that on 13 June 2008 Matthews breached the court orders by posting 1650 letters to trustees of self managed superannuation funds. These letters invited the recipients to partner with Matthews as a lender to, or share ...