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

Search Results

Showing 41 - 50 of 222 results for "Constitution"

Advice association shutters

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... successful in gathering 5% of AFA members to trigger an extraordinary general meeting to amend the association's constitution and change the board's policymaking powers. When it came to the EGM in October 2016 however, then LICG lead Mark Dunsford ...

Aware Super adds to board

ANNABELLE DICKSON  |  FRIDAY, 2 JUL 2021
... She replaces Kelly who joined the board in 2012 and is stepping down after three terms, as required by the fund's constitution. Kelly also served as chair of the investment committee for the past three years. "Many of our members work in Australia's ...

AUSTRAC to face scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 24 JUN 2021
The Australian Transaction Reports and Analysis Centre (AUSTRAC), which has handed out record fines to the big banks, will face new scrutiny from the Senate. Labor Senator Deborah O'Neill'smotion to set up an inquiry into the agency through the Senate ...

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being ...

ASIC takes action against La Trobe Financial

ELIZABETH MCARTHUR  |  MONDAY, 21 DEC 2020
ASIC has commenced proceedings, seeking a civil penalty against La Trobe Financial, but the latter plans to fight the claims. The regulator has taken issue with La Trobe Financial's 90 Day Notice Account and Classic 48 Hour Account. The two funds ...

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
... Scheme for Australian Universities (SSAU) via a successor fund transfer that came into effect on 1 October 2000. The constitution of the merged fund provides for a board of eight to eleven people.

AllianceBernstein Australia eyes ETFs

KANIKA SOOD  |  MONDAY, 7 DEC 2020
... and unlisted units coming out of the same investment pool, similar to Magellan. Doing so required AB to change the constitution of the fund, which Driscoll said passed with a 100% vote in favor of the resolution. "We are excited to move forward with ...

APRA advises funds to review ownership structures

ELIZA BAVIN  |  FRIDAY, 16 OCT 2020
... in the FSSA as "associates" is widely defined," APRA said. Licensees need to ensure they review the RSE licensee's constitution, shareholder deed and/or risk management framework to ensure the controlling stake requirements are incorporated and the requirement ...

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
... constitutional if it doesn't return initial capital. He questioned if the system breached the same section of the constitution relating to the acquisition of property "on just terms". Rennick also branded industry super fund-owned news website The New ...

Sydney boutique winds up fund

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... distribution by July 24 and a final distribution following the expiration of the 60 day notice period required per its constitution. Redpoint will continue to offer the strategy as model portfolio, which at May end had $151.8 million in total assets ...