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Showing 321 - 330 of 3289 results for "Smith"

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... compensation figure reached $87.1m, jumping from the $67.1m it originally reported in July. Former NULIS Nominees chair Nicole Smith, the trustee for MLC's super funds, told Hayne PSFs deducted from members NAB wasn't entitled to did not constitute ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... grandfathered commissions after members were transferred to the MLC Super Fund in July 2016, after former Nulis chair Nicole Smith admitted that members would have been in a better position if they did not have to pay the commissions; and Nulis putting ...

Mainstream co-founder becomes non-exec chair

HARRISON WORLEY  |  WEDNESDAY, 22 AUG 2018
... executive from its inception in 2006 until moving in as chair last year, and holds about 39% of the company's shares with Martin Smith, co-founder and current chief executive. Mainstream confirmed the board's composition after the change would be made ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... governing funds in the best interest of its members. Counsel assisting Michael Hodge put it to former NULIS chair Nicole Smith that the trustee was "hopelessly conflicted" and "simply couldn't manage the conflicts," after Smith's testimony revealed ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... licence conditions] one above the other," he said. Hodge countered this by pulling out an ASIC letter to NULIS chair Nicole Smith and Andrew Hagger that showed ASIC saying it had a preference for an enforceable undertaking. "What it reflects is that ...

Mainstream enters SMA market

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... existing relationship that includes 24 mutual clients in the funds services business. Mainstream chief executive Martin Smith said the SMA solution will be the first pillar in digital market entry strategy to meet adviser demand for independent vertical ...

NAB CEO apologises over super failures

HARRISON WORLEY, DARREN SNYDER  |  FRIDAY, 10 AUG 2018
... breaches about fees for no service, as well as delays in properly remediating members. Former NULIS Nominees chair Nicole Smith agreed these actions took too long and in some part blamed the administrator. In Thorburn's response yesterday he spoke ...

Funds SA appoints chair, director

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... manager's chair comes about two years after he first joined the board in April 2016. Funds SA has also brought on board Judith Smith as a director. "Smith brings extensive knowledge and experience in investment and funds management, with a strong ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... Wealth, in dealing with the plan service fee issue. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't manage the conflicts" between itself and other related parties in the plan service fee issue ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... to manage, the Royal Commission has heard today. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't manage the conflicts" between itself and other related parties in the plan service fee issue which ...