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Showing 541 - 550 of 3320 results for "Trustees"

APRA preserves life insurance prudential standards

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... APRA said it also endeavours to influence improved retirement outcomes in the new year. Both regulators will review how trustees have implemented the Retirement Income Covenant within their business strategies and operations, for the benefit of members ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... senior positions of fiduciary influence, like chair, chief executive or chief investment officer, or where the majority of trustees are women. The sample represents $450 billion in funds under management. Using data to June 2022, the research, spearheaded ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... transparent about sustainability claims." The court case against Mercer and Longo's statement confirm the necessity for trustees and financial service providers to ascertain that their claims are substantiated, said QMV Legal managing partner Jonathan ...

Blue Orbit operations chief resigns

ELIZABETH FRY  |  FRIDAY, 3 MAR 2023
... "Good luck to all of you as well. I look forward to my next journey, whatever that is." At the end of January, Equity Trustees notified investors in the Blue Orbit Global Small Cap Systematic Alpha Fund that the fund would be wound up, effective March ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... Australians." Meanwhile, industry bodies, including Super Consumers Australia, the Australian Institute of Superannuation Trustees (AIST) and Financial Services Council (FSC) welcomed the increase in tax rates for super balances over $3 million, however ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... Queensland and a member of the Griffith University Council. Previously, Apelt served as a director on the QSuper board of trustees from and as director-general of the Departments of Housing and Community Services. Meanwhile, former deputy governor of ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... worth it, he added. Industry bodies, including Super Consumers Australia, the Australian Institute of Superannuation Trustees (AIST) and Financial Services Council (FSC) welcomed the increase in tax rates for super balances over $3 million. Super Consumers ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
Optimum Pensions has urged super trustees to insure life expectancy and mitigate mortality risk to meet Retirement Income Covenant objectives. Optimum Pensions' ' The difference between insured and uninsured retirement products ' whitepaper said trustees ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... slapped over $140,000 in infringement notices relating to greenwashing issues. Vanguard Investments Australia, Diversa Trustees, Tlou Energy and Black Mountain Energy have all copped a fine.

Regulators sound alarm on cybersecurity, fraud in super

ANDREW MCKEAN  |  FRIDAY, 24 FEB 2023
... services sector. "The area we're most focused on over the next 12 months from a superannuation perspective is about how trustees are dealing with their members; our work is a very strong focus on those interactions members have with a fund," Press ...