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

Search Results

Showing 671 - 680 of 4573 results for "Trustee"

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... about $75 million in funds under management. The management fee was 0.99% and performance fee was charged at 20%. The trustee, Perpetual Investment Management Limited (PIML), said it is in the best interests of investors to close and wind up the fund ...

Ironbark, Invest Blue to create $64bn powerhouse

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... an enhanced client experience. "The client is at the forefront of everything that we do. Be it, acting as professional trustee for funds and managed account solutions or partnering with best-in-class investment managers globally via our Investment Solutions ...

AIST, ISA detail advocacy body to come of merger

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
A newly formed policy and advocacy body for profit-to-member superannuation funds will be launched by October, to create a cohesive voice for the sector. The Australian Institute of Superannuation Trustees (AIST) and Industry Super Australia (ISA) have ...

NowInfinity bolsters estate planning capabilities

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
NowInfinity, part of Class, has added new features to its SMSF trust deed. The new product features enhance its current SMSF deed and consolidate its position as the industry benchmark for SMSF documentation. Further, the deed will act as the cornerstone ...

NGS Super to debut retirement income product

KARREN VERGARA  |  MONDAY, 11 SEP 2023
NGS Super is set to launch a new retirement product this November in a bid to help decumulation phase members retire with confidence. NGS Super chief executive Natalie Previtera told Financial Standard that the $14.2 billion superannuation fund will ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... also said AustralianSuper didn't "exercise the same degree of care, skill and diligence as a prudent superannuation trustee would have", or "perform its duties and exercise its powers as a superannuation trustee in the best interests of its members." ...

Insignia Financial promotes two key staffers

ELIZABETH FRY  |  MONDAY, 4 SEP 2023
Insignia Financial has named a state manager for New South Wales, as well as a new national manager for multi-asset investments. Firstly, Andrew Rockliff has started a new job as state manager for New South Wales. He was promoted from national sales ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
Most superannuation funds are appropriately valuing their investments in Canva, according to APRA, which used its high-profile and whipsaw valuation in 2022 to see if they are abiding by its unlisted asset valuation requirements. Canva was at the forefront ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
... throughout both the accumulation and retirement phases." According to Treasury, the objective won't affect existing trustee obligations or how members money can be invested. Instead, it serves as a reminder, underscoring trustees' role in supporting ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... legacy Choice options, like the regime for MySuper products. In doing so, the government should offer members within failed trustee-directed products Capital Gains Tax rollover relief to facilitate the transition to contemporary investment options, he ...