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Showing 621 - 630 of 4477 results for "Trustee"

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
Monochrome Asset Management, via its responsible entity Vasco Trustees, has lodged an updated application for its Bitcoin ETF with the ASX. The Monochrome Bitcoin ETF (IBTC) will be an exchange-traded fund that will offer retail investors direct and ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... commissioner Danielle Press reminded super funds that helping members achieve good retirement outcomes is the core business for a trustee and the Retirement Income Covenant offers a lot of flexibility for them to effectively support members' needs. ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
The superannuation industry can expect to offer holistic advice as assistant treasurer Stephen Jones reasons that its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
The Financial Regulator Assessment Authority (FRAA) has affirmed the effectiveness of APRA in superannuation supervision, while identifying underdevelopment in the regulator's resolution function. The FRAA tabled five recommendations for APRA to enhance ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
One of the largest superannuation funds on Diversa's books has signed with a new trustee, in what the fund's described as "positive news." Future Super moved to Equity Trustees this month, dumping Diversa which has served as trustee since its ...

Equity Trustees takes on new RE mandate

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... existing resources to pursue better outcomes for our investors." Equity Trustees executive general manager, corporate trustee services Russell Beasley said: "We are delighted to be selected as the responsible entity for these new retail funds launched ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
The UK Treasury has announced plans to consolidate the nation's pension fund sector and unlock £75 billion in retirement savings to back high-growth companies. Yesterday, Chancellor Jeremy Hunt delivered the Mansion House reforms and cited plans ...

Equipsuper adds board director

ELIZABETH FRY  |  TUESDAY, 11 JUL 2023
The $30 billion superannuation fund which covers workers from engineering, manufacturing, healthcare and teaching, has appointed Julian Widdup to the board as a new member director. Widdup replaces Jan Dekker, who joined the board in 2016. For over ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
Having overhauled the global investment manager's local business, Brett Jollie has finally confirmed his departure calling it a planned exit. "It is something I've been working towards since last December when we announced the restructure of ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
Insights from APRA expose a lack of compliance with cybersecurity obligations is leaving hundreds of institutions open to financial crime. The regulator plans to have assessed more than 300 banks, insurers and super trustees' compliance with CPS 234 ...