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| | | Former president of the Australian Institute of Superannuation Trustees and director of two industry super funds, David Smith, has been posthumously awarded the award for Trustee of the Year. The AIST honoured Smith at its annual general meeting yesterday ... |
| | | | ... Tennis Australia and The Hunger Project. QSuper board member and fellow of the Australian Institute of Superannuation Trustees, Elizabeth Mohl, also made the list for her contributions to the superannuation sector. Mohl was previously a board member ... |
| | | | ... risky conduct and that IOOF Investment Management and Questor Financial Services breached their duties as superannuation trustees. The action was on behalf of shareholders who bought stock between 27 May 2015 and 6 December 2018 who saw the stock price ... |
| | | | ... as part of an online panel discussing how to solve the unmet advice gap for the Australian Institute of Superannuation Trustees Conference of Major Super Funds, Hostplus head of advice and financial planning Maurizio Lombardi pointed out many super fund ... |
| | | | ... not appeal a Federal Court order upholding an AFCA decision but says it creates further obligations for superannuation trustees. In April, QSuper's board appealed unsuccessfully to the Federal Court about an AFCA decision asking the fund to refund ... |
| | | | ... members in the first week of the scheme. Under APRA's Early Release Initiative (ERI) data collection, superannuation trustees were asked to submit data on a weekly basis covering the number and value of early release benefits paid to members and the ... |
| | | | ... crisis, namely the early release of super. As part of this, ASIC issued a temporary no-action position for superannuation trustees to expand the scope of personal advice that can be provided under intra-fund advice. The other key measure sees the requirement ... |
| | | | ... financial institutions with respect to credit and retail lending, financial advice, fees for no service, superannuation trustees, insurance, unfair contract terms, and other licensee obligations. |
| | | | ... genuinely, promptly, fairly and consistently. Additionally, as recognised in ASIC and APRA's recent letter to superannuation trustees, ASIC said there will be a range of insurance related issues that arise due to the effects of COVID-19 on superannuation ... |
| | | | ... legislation, which is part of the government's Royal Commission reforms, requires platform operators and superannuation trustees to be satisfied that consent for ongoing service has been given to the adviser before deducting advice fees via a platform. ... |
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