Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 521 - 530 of 4570 results for "Trustee"

Channel Capital, Arnott Capital set up strategic partnership

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... operational efficiencies. Channel Capital will provide a full suite of non-investment services to Arnott Capital, including trustee responsibilities, operations, client services, distribution, and marketing. Arnott Capital co-chief investment officer ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... to join the six million already eligible to access their superannuation savings over the coming decade." "Pleasingly, trustee responses to the survey indicate they are pushing ahead with work to refine their strategy implementation. However, we expect ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... task of helping the troubled super fund. GigSuper had less than 200 members and $2.8 million in assets. Diversa was the trustee, while GROW Inc was the superannuation administrator. Peter Stanhope and Martin Batur, who worked at trading platform IG Australia ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
AIA Australia has launched a new member insurance portal that enables group insurance customers to track their claims throughout the lifecycle. The portal promises real-time updates on claim statuses. It also offers features such as instant document ...

DASH secures $20m investment from Bailador

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
DASH has secured a $20 million investment from Bailador Technology Investments. The advice technology solutions company plans to use the funding to accelerate its software and platform technology while expanding its team. DASH aims to grow its workforce ...

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... investment schemes and securities, as well as custodial and depository services to wholesale clients. It also provided trustee services to unregistered managed investment schemes, including the Magnolia Capital Opportunities Fund II (Magnolia Head Fund). ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... savings that they oversee. "Ensuring the safety of this money is imperative to members and the Australian financial system. Trustee boards of these RSE licensees need to be well-prepared for events that may impact the financial viability of their RSE ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... Solutions head of education and connect Lyn Formica said in the lead up to the proposed changes. "For example, an SMSF trustee undertaking a renovation on the fund's property and not charging the fund for their labour. Or administrative services ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... indirectly pass the cost of providing financial product advice on to the member unless it agreed to by the member; the trustee passes on the cost with a member's written consent; and an ongoing fee arrangement exists. Walsh wrote that while the committee ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Australian Securities and Investments Commission (ASIC) commissioner Alan Kirkland issued a blunt warning to licensees not meeting their obligations. Speaking at an industry event, Kirkland said the regulator has spent two years warning licensees to ...