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Showing 461 - 470 of 3320 results for "Trustees"

Trustees to disclose more remuneration details

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... remuneration is rewarded. The prudential regulator has updated Prudential Standard CPS 511 Remuneration to reflect how it wants trustees to annually publish information on remuneration frameworks, design, governance, and outcomes. Super funds are now ...

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... assets under management, a 21% increase year on year. Last December, Raiz became a division of AMG Super and switched trustees from Diversa to Equity Trustees after it was determined that a successor fund transfer was in the best interests of members. ...

New chief executive for retail super fund, platform

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... Group. He takes over from Alan Hegerty who, before joining Acclaim Wealth, worked at BMO Global Asset Management, Equity Trustees, and Suncorp. In 2014, Hegerty oversaw the rebrand of AMG Universal Super to AMG Super. AMG Universal Super was launched ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
... available via a traditional capital call or fully funded AUD feeder structure and is administered by Apex Group, with Equity Trustees as the responsible entity. To support the launch, GSAM chair and co-chief investment officer infrastructure Philippe ...

New boutique hires EQT as RE

KARREN VERGARA  |  MONDAY, 31 JUL 2023
Equity Trustees has won another responsible entity mandate this month from a fledgling investment manager whose funds currently focus on Australian equities. Blackwattle Investment Partners, which opened its doors in May, named Equity Trustees to oversee ...

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
... and the information in this room [the financial services sector]," Kerr said. "We need aged care in the room, we need trustees that help people do their estate management and estate planning. We need other investment options outside super to play a role ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
... valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance (SPG 530), APRA expects trustees to consider the benefits arising from more frequent stress testing beyond the annual requirement. This includes whether ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
... commenced an early consultation on the Financial Accountability Regime (FAR), calling for input from ADIs, insurers and super trustees. Together, the regulators have released key materials for consultation to support the timely implementation of the ...

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... Standard CPS 230 Operational Risk Management, which aims to enhance the ability of banks, insurers, and superannuation trustees to manage operational risks and respond to business disruptions. According to QMV legal, the key changes in CPS 230 from the ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
Monochrome Asset Management, via its responsible entity Vasco Trustees, has lodged an updated application for its Bitcoin ETF with the ASX. The Monochrome Bitcoin ETF (IBTC) will be an exchange-traded fund that will offer retail investors direct and ...