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Showing 691 - 700 of 4480 results for "Trustee"

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... its assets, requested member transfers to alternative funds, discontinuing their support for Aracon. Consequently, the trustee decided to transfer all remaining Aracon Super divisions to other funds by June 30. During the Annual Member Meeting, Aracon ...

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... benchmark. Apex Group has been appointed to provide fund administration, transfer agency and custody services, alongside trustee to the fund K2 Asset Management. Already this year, Apex Group has been appointed by local funds Yarra Capital Management ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... has about $16 billion in funds under management. As at September 2022, BT Panorama Super had $46.5 billion in total. The trustee of Retirement Wrap, BT Funds Management, considered the potential risks and best financial interests of all fund members ...

The sophistication of cyber threats is increasing: O'Neil

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
Kicking off day two of the Conference of Major Superannuation Funds, minister for home affairs and cybersecurity Claire O'Neil shared some harrowing truths about the intensity of cyber threats on Australian super funds. "Two of my biggest responsibilities ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... give blanket relief to the whole industry, so that's not something we can do," she said. "We will consider individual trustee applications on a case-by-case basis. But it's also important that you consider what you're doing when you're ...

Advice industry must change as population ages: Expert

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
Superannuation is one of the great successes of modern pension systems but as more people live longer, it's financial advice that will need to pivot, the Conference of Major Superannuation Funds has heard. Professionals Congress London Business ...

Don't wait for QAR: Press

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
ASIC commissioner Danielle Press pointed out at the Conference of Major Super Funds that retirement products need to be improved and waiting for the Quality of Advice Review (QAR) is not the best strategy. "I think the product piece is important here ...

The four stages of retirement

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
When it comes to retirement, the Demographics Group director and co-founder Simon Kuestenmacher believes there are four very predictable stages for super funds to be aware of. Speaking at the Conference of Major Superannuation Funds in Melbourne, Kuestenmacher ...

Do your cyber-attack drills: Funds warned

CHLOE WALKER  |  WEDNESDAY, 22 MAR 2023
A panel of experts at the Conference of Major Superannuation Funds stressed the importance for super funds to be prepared and have a cybersecurity strategy in place. When asked if super funds should have "something in the bottom of the drawer of someone's ...

Still work to be done on group insurance: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2023
... progress with their insurance arrangements. However, there are specific areas of improvement that we have identified for each trustee and informed them of as part of our review. Trustees not included in this review should also make efforts to apply the ...