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Showing 311 - 320 of 3319 results for "Trustees"

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
Equity Trustees (EQT) has taken over as Responsible Entity (RE) for the Woodbridge Private Credit Fund. EQT Responsible Entity Services replaced AGP Investment Management from August 1. The Woodbridge Private Credit Fund aims to provide a return of ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
... 504 year on year. Scams in the super sector were particularly worrying due to their sophistication. "We urge super fund trustees to review the steps they have in place to protect members from fraud. The fact that scam and unauthorised transaction complaints ...

SMSFs thrive amid ATO compliance complications

MATTHEW WAI  |  THURSDAY, 25 JUL 2024
... longevity protection as a "bigger part" of the SMSF advisory package. She did however raise a crucial struggle for SMSF trustees, advisers and accountants, stating that the ongoing changes to ATO processes have proven to be relatively challenging. "Compliance ...

OnePath Custodians fined $11m for MySuper failures

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... struggling with foundational issues, with the potential for serious impact to members, has run out." "OPC is one of four trustees in the Insignia group, which is one of the superannuation industry's largest participants. APRA expects a commensurately ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... the process of appointing and removing directors on a super fund board can be complicated due to shareholder rights. Trustees cannot always remove a director, as often shareholders have the right to appoint and control the removal of their representatives. ...

The most popular fund types launched in Australia

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
Of the latest 100 funds launched into the Australian investment market by Equity Trustees, most were related to global fixed income, however, the asset class didn't attract the highest flows. There were 19 new global fixed income funds, 18 Australian ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... only does this cement our position as an industry leader in the merger and transition space, but it is evidence that trustees and corporate Australia are choosing us, and we are incredibly proud of this," Fraser said. Separately, Qantas Super has put ...

Data concerns land Fiducian with additional licence conditions

JAMIE WILLIAMSON  |  TUESDAY, 16 JUL 2024
... and accuracy of the data we receive to drive greater transparency of the industry and strengthen the accountability of trustees to act in the best financial interests of their members," APRA deputy chair Margaret Cole said. "This includes the data submitted ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... Australian Prudential Regulation Authority (APRA) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability Regime (FAR). The FAR already applies to the banking industry and ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... injury, while MetLife Protect Super is a risk-only superannuation product. MetLife Protect Super is issued by Equity Trustees via the Smart Future Trust. Changes that affect both products include an additional 60-day waiting period option for income ...