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Showing 451 - 460 of 3320 results for "Trustees"

Evolution Trustees responds to likely wholesale definition change

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
In anticipation of regulatory change, Evolution Trustees has established a division to help investment houses transition their wholesale funds to retail. The move is in response to Treasury's review of managed investment schemes and consultation on ...

Insignia consolidates further, creates Client Wellbeing arm

JAMIE WILLIAMSON  |  THURSDAY, 24 AUG 2023
... net profit after tax (NPAT) of $51 million, up 39% year on year, driven by gains made in divesting Australian Executor Trustees as well as stabilised remediation costs; Insignia did not have to increase remediation provisions, saying it expects all projects ...

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... added. This growth in assets invested offshore follows HSBC's partnership with the Australian Institute of Superannuation Trustees earlier this year, which is focused on supporting super funds' increased interest in overseas investments. As at June 30 ...

ISA, AIST announce merger to form new organisation

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST) are merging, announcing a new unified organisation to represent profit-to-member superannuation funds. In a joint statement, ISA and AIST said the merged entity ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
EQT Holdings, the holding company for Equity Trustees, confirmed it will exit its businesses in the UK and Ireland. Equity Trustees managing director Mick O'Brien said: "We are advanced in assessing options to determine the best exit from our investment ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
Equity Trustees is merging its superannuation and corporate trustee services divisions, creating a $150 billion business. The group said the two divisions share many similarities, meaning "it makes good commercial sense to bring them together." All ...

APIR reports surge in new financial products

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... superannuation investment options. The industry saw 45 new participant registrations, including responsible entities and trustees, marking 7.1% net growth from FY22. However, Donohoe pointed out that product terminations in FY23 were largely influenced ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... we're seeing, minimum super contributions are increasing, that should result in additional inflows," he said. Equity Trustees will serve as trustee for the Hejaz Islamic Super and Pension offer. Acclaim Management steps in as administrator, while ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
... have Mayfair wound up were largely based on. The group is also seeking notes related to a meeting ASIC held with Vasco Trustees without Mawhinney present four months before receivers were appointed to IPO Wealth. "I have never been told the outcome or ...

Iress adds new operations, customer service leaders

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... worked in senior roles in financial services, including Milliman, Challenger, Financial Services Council, and Equity Trustees. As operations chief, Haqqani oversees delivering strategic, operational and financial outcomes for the wealth business. In ...