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Showing 421 - 430 of 4512 results for "Trustee"

Betashares completes Bendigo Superannuation acquisition

KARREN VERGARA  |  MONDAY, 2 SEP 2024
... ASX-listed Bendigo Bank declined to confirm the total consideration for the super business. Bendigo Superannuation was the trustee and issuer of Bendigo SmartStart Super and Bendigo SmartStart Pension products, which were part of the Bendigo Superannuation ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... they don't have shareholders - there are some exceptions but largely they don't - so that means that everything we ask a trustee to do exposes the members of their fund to the risk of having to satisfy a liability," she said. "If there is a product that ...

Cbus' CFMEU board directors exit

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... employer and union representatives, plus two independents. CFMEU directors typically fill three of the six union appointed trustee roles. Rita Mallia, the former deputy chair of the fund, who'd been a director since 2011, and Jason O'Mara, were reported ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...

MetLife Australia launches new online insurance platform

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
MetLife Australia has launched a new online insurance platform to provide more ease for its super funds' members to access their life insurance. The life insurance company said Manage My Insurance will allow its super fund's members to access ...

Cairns resurfaces at Associate Global Partners

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Former Magellan Financial Group chief executive Brett Cairns has popped up on multi-boutique Associate Global Partners' (AGP) board. Cairns, who led Magellan from 2018 and 2021 when he departed for personal reasons, is officially a non-executive ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... should be conducted by the industry regulator, APRA, in accordance with the legislation and on the basis of providing the Trustee with procedural fairness and natural justice," BUSSQ said. BUSSQ chair Chris Taylor added that APRA has the authority to ...

CSC launches series of retirement options

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... for members to use in line with the requirements of the Retirement Income Covenant. This entailed the introduction of trustee default retirement options, that align with member profiles, seeking to assist them in making informed decisions about their ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... 2022 for $135 million. About 180 staff moved from AET to EQT as part of the transition. The integration of AET with the Trustee & Wealth Services (TWS) business was tipped to cost $22 million. This essentially replaced EQT's core client portfolio ...