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Showing 331 - 340 of 3319 results for "Trustees"

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... social media posts and cold calling to drum up business. Prior to its merger, the Australian Institute of Superannuation Trustees (AIST) was lobbying for anti-hawking legislation to be extended to include financial advice businesses employing third parties ...

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... has confirmed it has completed of one of two key strategies to achieve synergies when it acquired Australian Executor Trustees (AET). At the time of acquisition, Equity Trustees announced its intention to exit the AET platform business and outsource ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
The Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act ...

Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
... govern our ethical evaluation of companies and other investments issued by financial institutions, responsible entities, trustees, governments, or other issuers. They help us identify, measure and balance the most significant positive and negative impacts ...

ASIC tells super funds to 'step it up'

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
... pension drawdown age, and with a large number still to come, super funds need to deliver good service. "We need super fund trustees to step up right now and step in to making sure they put good outcomes for members at the heart of everything they do," ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Superannuation assets soared to $3.9 trillion, jumping 11.3% at the end of March despite the number of APRA-regulated funds shrinking. The latest APRA statistics show that a wave of contributions drove the momentum as well as investments returning 10.9% ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... frameworks and systems continue to serve the needs of current and future fund members." Cole said the regulator expects all trustees to have "robust" risk management frameworks and to proactively manage systems and processes. "APRA is prepared to take ...

SMSFs' use of advisers plummets: Research

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
... decline comes at a time when the number of SMSFs without advisers and with unmet advice needs is peaking. Only 25% of trustees without advisers are likely or very likely to seek financial advice in the future. The top three reasons people don't seek ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... focuses on a broad universe of investment-grade fixed income securities globally, hedged to the Australian dollar. Equity Trustees has been appointed as the responsible entity of the fund. Loomis Sayles manages $348.4 billion in assets as of March 31 ...