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Showing 311 - 320 of 4473 results for "Trustee"

Bennelong secures first trustee mandate

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bennelong has welcomed its first client, Paragon IM, following the expansion of its trustee services offering in October last year. Bennelong Funds Management is now the responsible entity (RE) for the Paragon Australia Long Short Fund. The fund invests ...

How to simplify super to get better retirement outcomes: Mercer

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
... fund or to a different fund. Individuals would be provided with additional information or limited financial advice by the trustee. The products would specify a level of drawdown or regular payment, and a projected income. The report said from age 75 ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
Perpetual has appointed Equity Trustees (EQT) to oversee two of its superannuation products as the new trustee. Equity Trustees Superannuation will takeover trustee duties on 1 March 2025 from Perpetual for the Select Super Plan and Select Pension Plan. ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... and announced it would be wound up. The fund was established in 1977 by agribusiness Manildra Group which notified the trustee that while the fund continues to promote member outcomes, according to its own assessment, it would terminate the offering ...

Ares appoints EQT as RE for private market fund

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
Ares Management Corporation has selected Equity Trustee (EQT) as responsible entity for its recently launched Ares Private Markets Fund (AUT). Financial Standard flagged the fund launch last week, with AUT - an Australian domiciled unit trust to provide ...

TCorp returns 7%, AUM hits $110bn

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... as State Super, icare, Sydney Water, and Transport NSW. During the period, it generated 7.5% p.a. for the State Super Trustee Selection (Defined Benefit) Portfolio and 8.4% p.a. for the Treasury Managed Fund. Some 17% or $19 billion of total AUM sits ...

AI can improve super fund value chain: CFA Institute

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
Superannuation funds and the broader global pension system can benefit from artificial intelligence (AI) in every corner of the value chain to ultimately provide efficient, personalised services to members, new research from the CFA Institute found. ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
The proposed acquisition of Perpetual's wealth management and corporate trustees' businesses by Kohlberg Kravis Roberts (KKR) has been deemed not in the best interests of shareholders. An independent expert informed the wealth manager that the risk ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
Many superannuation trustees have been told they must improve their valuation governance practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. ...

JBWere partners to launch fixed income funds

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
... exclusively to JBWere's wholesale clients this month. Under the agreement, UBS AM will issue the products and act as the trustee, while also providing investment management services. JBWere will have representation on an oversight committee, it said. ...