Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 391 - 400 of 959 results for "Superannuation Trustees"

Former ASFA chair sees new EQT role

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
Equity Trustees is welcoming a new deputy chair, moving a former Association of Superannuation Funds of Australia chair alongside current EQT chairman Jeff Kennett. Jim Minto has been appointed as deputy chair of Equity Trustees. It is a move set to ...

Netwealth to benefit from RC fallout

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
... platform, highlighting the post-Royal Commission optimism. With the Royal Commission also recommending superannuation trustees act solely in that capacity, the firm said it would set up a new wholly-owned subsidiary as the trustee of the Netwealth Superannuation ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... recommendations from the Royal Commission's final report also passed: introducing civil penalties for superannuation trustees if they breach their obligations (recommendation 3.7) and prohibiting superannuation funds from "treating" employers to win ...

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... insignificant amounts" on the practice. Additionally, the Government will move to extend civil penalties to superannuation trustees for breaching their covenants or the director's covenant of obligations, which Hayne also recommended. During the ...

Superannuation reforms splits opinion: Spot poll

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... to create an oligopoly in default super and reduce long term competition. The Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck echoed this statement as it would be "needlessly disruptive and fails to address the more serious ...

Best-in-show splits industry

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... Commission wants to launch before June 2021 has divided industry opinion. The Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck said the Commission's proposal for a top 10 default list is a "blunt mechanism that will ...

Engagement should be easier: Productivity Commission

HARRISON WORLEY  |  THURSDAY, 10 JAN 2019
... members' advocacy and assistance body," it said. In December last year the Australian Institute of Superannuation Trustees recognised excellence and innovation in communication and member engagement, with AIST chief Eva Scheerlinck saying the awards ...

Platform fee disclosures overlooked: ISA

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... platforms, and other managed investment schemes." It was a glaring omission that the Australian Institute of Superannuation Trustees also called out. AIST chief executive Eva Scheerlinck said McShane counselled ASIC to implement his recommendations as ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
... super funds to disclose fees and costs for platform-based superannuation. The Australian Institute of Superannuation Trustees said it is "disappointed" that ASIC has not backed this. "This is critical to enable consumers to compare the fees and costs ...

ASIC to examine super fund and employer connections

HARRISON WORLEY  |  TUESDAY, 8 JAN 2019
... corporate regulator's 2018-22 corporate plan outlines its intent to continue reviewing the practices of superannuation trustees, including the provision of advice, fee-for-no-service, disclosure benefits and inducements, and third party service providers. ...