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Showing 3251 - 3260 of 10367 results for "Trust"

TPB bans tax agent over COVID-19 fraud

ALLY SELBY  |  FRIDAY, 9 OCT 2020
... community and takes advantage of the pandemic situation we are all living under," Klug said. "Liying Tong was in a position of trust, operating in an uncertain environment, and she abused that trust." In its investigation, the registration and regulation ...

Melbourne firm wins $1.1bn in mandates

KANIKA SOOD  |  THURSDAY, 8 OCT 2020
Melbourne's MSC Group has been appointed to provide trustee and fund administration services to three Australian fund managers that are 50% owned by Oaktree Capital Management. Argyle Capital Partners, January Capital and Fortitude Investments Partners ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...

Geoff Lloyd to leave MLC

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... into net inflow, significantly increased client NPS [net promoter score] and reduced longstanding outflows on the master trust business." In his letter to MLC staff, Lloyd thanked McEwan, the NAB board and executives and MLC's boards. "Having had ...

Superhero sets eyes on managed accounts

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
... numbers have grown, we have started to see account balances increase," Winters said. "This tells me that people are gaining trust in the product and the business and I think that will continue to increase."

Boutique wealth firm chief steps down

KARREN VERGARA  |  WEDNESDAY, 7 OCT 2020
The chief executive of a boutique advice firm has stepped down after 12 years at the helm and his successor has been named. Stanford Brown announced Jonathan Hoyle has been replaced by Vincent O'Neill, who is currently the director of the private ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Last night's superannuation reforms could be a "modest negative" for AMP, IOOF and Link Group but have no impact on Netwealth and HUB24. The government is proposing to subject all MySuper products to a new APRA-administered annual test from July 2021 ...

BT head of platforms departs

JAMIE WILLIAMSON  |  WEDNESDAY, 7 OCT 2020
... really have an influence on people's lives; like I was adding value every single day. "All the leaders I have had and the trust they had in me, and the opportunities they have given me, have kept me here with the business."

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
The financial services industry and business community in Australia has responded in a generally positive manner to the government's 2020-2021 budget, but the super sector is so far cautious in its response. Australian Institute of Superannuation Trustees ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
Any MySuper products that fail a new APRA-administered annual test twice in a row will not be allowed to receive any new members until they improve their performance. The prudential regulator will conduct benchmarking tests on the net investment performance ...