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Showing 511 - 520 of 3320 results for "Trustees"

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... for the purpose of illegally accessing their super as this group tend to be targeted by promoters," he said. While most trustees are doing the right thing, the ATO is nevertheless ramping up its surveillance strategy in a bid to combat numerous risks ...

DASH adds to leadership

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... superannuation specialist, recruiting ANZ's head of wealth customer resolution and the executive general manager of Equity Trustees' super trustee office. Following a recent capital raise, DASH is targeting growth and said it can now play an "important ...

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
HUB24 has entered into a Heads of Agreement with Equity Trustees to provide custodial platform administration and technology solutions. The agreement between Equity Trustees and HUB24 covers large transitions totalling around $4 billion funds under ...

SMSF Association names head of membership

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... brings previous experience as a former head of financial planning at BankSA and a regional manager for Australian Executor Trustees. SMSF Association chief executive Peter Burgess said Sparks' industry experience, coupled with this SMSF technical knowledge ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... piggy bank to be spent or taxed to fill budget holes." Quashing these concerns, Jones reinforced the legal obligations of trustees in the superannuation industry to act in members' best financial interests. "Trustees have a legal obligation to ensure ...

ASIC warns super funds on member communication failure

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... a row for their lack of transparency and honesty about communicating the results. ASIC named and shamed the following trustees and the respective super funds whose communication strategies are under fire: BT Funds Management (Retirement Wrap), Equity ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
The Australian Institute of Superannuation Trustees (AIST) says the proposed changes to the Your Future, Your Super regime don't go far enough. AIST chief executive Eva Scheerlinck said that while some measures align with AIST's views, others fall short. ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... unintentional discouragement of investment in certain asset classes, and changes to notification letters sent to members by trustees of failed products.

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... last 10 years instead of an eight-year period. "Extending the lookback period is expected to sharpen the incentive of trustees to focus on long-term decision making and aligns with broader industry disclosures," Jones said. Several benchmarks will be ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... extending to choice products, the review found. Jones also wants to see adjustments made to notification letters that trustees of failed products send to members. On the one hand, the notification letter has encouraged many members to leave underperforming ...