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Showing 601 - 610 of 3320 results for "Trustees"

MSC Trustees receives CCIV authorisation

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
MSC Trustees is now authorised to operate both retail and wholesale Corporate Collective Investment Vehicles (CCIV), becoming the first professional trustee firm to do so. The CCIV framework was effective July 1. MSC Trustees is also now the first to ...

Australian retirement system given B+

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2022
... mindset shift requires time and an investment in education across the community and industry at large. Superannuation fund trustees have published their funds' retirement strategies which is a step in the right direction. We now need to educate and empower ...

APRA flags concerns over fund sustainability

ANDREW MCKEAN  |  WEDNESDAY, 12 OCT 2022
... experienced significant consolidation in the last two years, driven by the performance test. However, a very large number of trustees remain in the industry, she said. "We had over 212 in 2013, we're down to 160 in 2021. It's still a large number," ...

GQG Partners awards RE mandate

CASSANDRA BALDINI  |  MONDAY, 10 OCT 2022
GQG Partners has appointed Equity Trustees as the responsible entity (RE) for its new dividend income fund. The Global Quality Dividend Income Fund aims to provide a rate of return exceeding the MSCI ACWI High Dividend Yield ex Tobacco AUD Index. It ...

APRA unmasks fund outsourcing impacts

ANDREW MCKEAN  |  THURSDAY, 6 OCT 2022
APRA's thematic review on outsourcing arrangements in the superannuation industry found that trustees' efforts since the Royal Commission have resulted in stronger board oversight and monitoring of outsourcing arrangements and service providers. The ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... relevant financial products and the other would be those who do not. Other sub-sectors would be combined in the super trustees, responsible entities, wholesale trustees and IDPS sub-sectors, market infrastructure and intermediaries sector, and credit ...

New ethical investing app has launched

CASSANDRA BALDINI  |  MONDAY, 26 SEP 2022
... affordable and easy to understand. Cache Investment Management is the manager and administrator of the Kwala Fund and MCS Trustees is responsible entity and trustee. Each investment by the Kwala Fund is assessed on its financial performance, environmental ...

Equity Trustees wins AEMO mandate

CHLOE WALKER  |  FRIDAY, 23 SEP 2022
Australian Energy Market Operator (AEMO) Services has appointed Equity Trustees as financial trustee under the NSW Electricity Infrastructure Roadmap. The Roadmap, established by the state government, is working towards the goal of 12GW of new renewable ...

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... Abood added, "Super funds will be able to offer advice very cheaply through the collective charging mechanisms, which trustees have available to them. I think there is a sense that's not fair," she said. "If the advice that super funds are providing ...

Current legislation "wrong way around": Levy

CASSANDRA BALDINI  |  THURSDAY, 22 SEP 2022
... you're likely to be giving personal advice," she added. "The question for the licensee, the bank, insurer, superannuation trustees is, 'What do I need to do to be satisfied that the advice that's been given is good? "If it is difficult or ...