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Showing 21 - 30 of 3319 results for "Trustees"

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
... charge. Split across the sectors it regulates, APRA apportioned $81.2 million to superannuation funds. Treasury said trustees continue to operate in a heightened risk environment with increasing cyber, operational, and geopolitical risks, whilst also ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... markets. In group insurance, APRA and ASIC encouraged insurers to maintain proactive and constructive engagement with trustees and be open to facilitating joint insurer trustee efforts to drive better outcomes for members. "Structural shifts in claims ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
APRA has intensified its supervision of superannuation trustees, insurers and banks as geopolitical instability, rapid artificial intelligence (AI) adoption and growing complexity in global markets reshape the financial risk environment. In its latest ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
ASIC has commenced civil penalty proceedings in the Federal Court against Equity Trustees Superannuation (ETSL), alleging failures in care, skill and diligence concerning the decision to allow members to invest in the First Guardian Master Fund. This ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
... 23 should be seriously considered. Australians should not be forced through years of legal warfare while regulators, trustees and financial firms argue over liability," Kee said. "If ASIC itself has described this conduct as industrial-scale misconduct ...

WAM offers global real assets exposure via new offering

MATTHEW WAI  |  FRIDAY, 15 MAY 2026
... team, led by portfolio manager Nick Kelly alongside investment analysts Jacob Grover and Jasper Yeghiaian-Alvandi. Equity Trustees has been appointed the Responsible Entity for the fund.

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... being slapped with a 30% minimum tax. From 1 July 2028, Chalmers proposes to introduce the new tax that will be paid by trustees given they control distributions. Beneficiaries will still need to declare the income in their tax returns. Beneficiaries ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... intergenerational inequity. From 1 July 2028, Treasurer Jim Chalmers proposes to introduce the new tax that will be paid by trustees given they control distributions. Beneficiaries will still need to declare the income in their tax returns. Beneficiaries ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... extended the test period from eight to 10 years to encourage longer-term investment decision, calibrated benchmarks so trustees were not unintentionally discouraged from investing in certain assets. It also extended the test to trustee-directed products. ...

Digital asset adoption in SMSFs not a surprise: Burgess

MATTHEW WAI  |  THURSDAY, 7 MAY 2026
... structural transformation of Australian retirement savings report, which surveyed some 820 investors, including SMSF trustees with and without crypto investments, and crypto investors with and without SMSFs, indicated almost half (46%) of trustees holding ...