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Showing 4961 - 4970 of 21927 results for "Fund."

Regulators warn trustees of super advice fee obligations

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
The regulators issued a firm reminder to trustees and financial advisers to heed the new law that limits the charges on superannuation advice. From July 1, trustees and financial advisers must have the proper processes and systems in place to meet the ...

Hostplus announces board shakeup

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
Three board members of the industry superannuation fund have been replaced after one director faced mounting pressure to step down due to his links to the coal industry. Independent director Peter Collins, employer directors Mark Robertson and Mark ...

Milford lowers fees

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
Milford has lowered fees for its Milford Australian Absolute Growth Fund - W Class. Fees will drop from 1.13% per annum to 0.9% per annum. Milford has also elected to cap the performance fee for its W Class at 0.95% per annum and increase the distribution ...

Qantas Super introduces passive option, drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
The $9 billion corporate superannuation fund is launching a passive investment option to members tomorrow, while also reducing administration fees and the amount it contributes to its defined benefit pool. From tomorrow, Qantas Super members will be ...

ASIC disqualifies SMSF auditor

ANNABELLE DICKSON  |  WEDNESDAY, 30 JUN 2021
The corporate regulator has disqualified a self-managed superannuation fund (SMSF) auditor for breaching independence and auditing standards. ASIC found that Gordon Victor Shrubsole from Miranda, New South Wales lacked independence during the process ...

Sydney boutique swaps RE

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
Harvest Lane Asset Management has swapped out Fundhost for Equity Trustees as its responsible entity after a unitholder vote. The changes apply to two funds: the $9.5 million Harvest Lane Asset Management Absolute Return Fund and the $8.2 million Harvest ...

WAM Global to acquire LIC

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
WAM Global Limited has entered a scheme of implementation arrangement with the discounted LIC Templeton Global Growth Fund to acquire 100% of TGG shares. WGB is already a shareholder in TGG and wants to acquire the shares it does not hold. TGG investors ...

GBST improves compliance checks

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
GBST has upgraded its solution to make it easier for superannuation funds to identify members and meet Australian Tax Office tax obligations. GBST Digital now allows super funds to integrate ID verification in their systems without compromising the ...

ASI product development lead exits

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
Aberdeen Standard Investments' head of product development and management will leave the firm after nearly 14 years. Lee Cavanagh is the lead for product and development for the Australian business. She joined ASI in August 2007 and prior to that ...

SG Hiscock introduces medical tech fund

JAMIE WILLIAMSON  |  TUESDAY, 29 JUN 2021
The boutique fund manager is launching a new social impact fund that will invest in Australian and New Zealand medical technology companies. The SG Hiscock Medical Technology Fund aims to provide long-term capital growth via a portfolio of innovative ...