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Showing 561 - 570 of 3320 results for "Trustees"

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... applied for the duration of the policy and only applicable to life risk products. Turning to superannuation, super fund trustees should be able to provide personal advice to their members about their interest in the fund, the final report reads. This ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... retirement outcomes. That's according to its 2023 supervision priorities, released today. It said it's all part of holding trustees to account to improve member outcomes and address deficiencies. "Strong governance practices along with business planning ...

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
The Australian Institute of Superannuation Trustees (AIST) is calling on the government to extend anti-hawking laws to combat financial advice firms using third parties to solicit business through cold calling. Unsolicited calls to consumers about superannuation ...

Super funds must unlock diversification opportunities: HSBC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
The recent partnership between the Australian Institute of Superannuation Trustees (AIST) and HSBC will help superannuation funds diversify globally, says the latter's head of markets and securities services Nick Wheeler. In an interview with Financial ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... billion, the overall FUA decreased by $0.2 billion (0.1%) due to the divestment of $6.9 billion in Australian Executor Trustees (AET) FUA, pension payments of $706 million, and net outflows of $267 million. As previously announced on 30 November 2022 ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... Super and Superhero Super. APRA deputy chair Margaret Cole said the conditions set baseline expectations for independent trustees. "The inherent complexity of the independent trustee model, with one trustee having oversight over a substantial number ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... system. "Robust, proportionate integrity measures are an important part of maintaining confidence and providing clarity to trustees," it said. "While the NALI provisions are operating broadly as intended, the government appreciates some superannuation ...

HSBC eyes bigger slice of super pie

CHLOE WALKER  |  MONDAY, 23 JAN 2023
HSBC Australia has partnered with the Australian Institute of Superannuation Trustees (AIST) as it looks to expand its services in the Australian superannuation sector. The new partnership will see HSBC and AIST collaborate to help inform the latter's ...

Top 10 issues for super funds in 2023: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... encourage members to choose their existing fund's retirement strategy and expect to see innovation in this area as trustees develop strategies for different retiree groups. Super funds are facing challenges in providing accessible and affordable ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... Australian Ethical Investment, BT Financial Group, Challenger, Clearview Wealth, Colonial First State Investments, Equity Trustees Superannuation, HUB24, Macquarie Investment Management, Mercer (Australia), Sandhurst Trustees and Vanguard Investments ...