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

Search Results

Showing 691 - 700 of 3320 results for "Trustees"

REI Super appoints to board

JAMIE WILLIAMSON  |  WEDNESDAY, 6 APR 2022
... Meanwhile, Dunstan brings over 35 years' experience in financial services. He is currently managing director of Vasco Trustees and chair of Futurity Investment Group. He is also a non-executive director of Federated Hermes in Australia and executive ...

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... Russian sanctions imposed by the Government," FSC chief executive Blake Briggs said. "The guidance supports superannuation trustees implement sanctions, cease new investments, and divest from Russian assets. By providing guidance, we aim to ensure that ...

EQT wins AFL Players' Association mandate

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
Equity Trustees will now manage the $150 million AFL Players' Association Retirement Account. Following a competitive tender process, AFLPA has appointed EQT to manage the fund, having already provided administrative services since 2011. The mandate ...

ASIC extends relief for retirement estimates

CHLOE WALKER  |  THURSDAY, 31 MAR 2022
ASIC has extended the relief for superannuation trustees who give their members retirement estimates as part of their periodic statements. The existing relief has been extended for a period of nine months, which the regulator said will allow superannuation ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... also agreed not increasing the LISTO would be detrimental for women. Finally, the Australian Institute of Superannuation Trustees (AIST) also labelled the Budget a missed opportunity for women, saying the government has failed to improve retirement outcomes ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... these figures were $20 and $36 respectively. "While bigger isn't always better, increased scale makes it easier for trustees to build an efficient and resilient business model that delivers strong financial outcomes for members. A fund that is losing ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... managed by a trust comprised of people from all walks of life - including economists." In this scenario, the board of trustees would release a parallel budget of long-term projects on both a macroeconomic and microeconomic level. "This would ensure a ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... scale," Diversa wrote to members. "With consideration of these changes and the ever-evolving regulatory landscape, Diversa Trustees Limited has made the decision that it would be in the best financial interests of members to close..." The options were ...

Equity Trustees wins Hejaz mandate

CHLOE WALKER  |  THURSDAY, 24 MAR 2022
Hejaz Asset Management has appointed Equity Trustees as responsible entity of three new Sharia-compliant funds. The three funds are the Hejaz Equity Fund, the Hejaz Property Fund and the Hejaz Income Fund. The Equity Fund aims to match the returns of ...

Plans to remedy NALI, NALE issues welcomed

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
... from a particular fund investment, including realised capital gains, being forever tainted as NALI - at the very least trustees should be given an opportunity to rectify the transaction if NALE arose from an inadvertent mistake." The SMSFA added that ...