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Showing 721 - 730 of 3320 results for "Trustees"

Drummond Capital names strategic growth lead

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... to that, Wortley was the vice president and account manager at PIMCO for nearly seven years. She also worked at Equity Trustees and Zurich in account management and business development roles. Commenting on her new role, Wortley said: "It's great ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... legislation, embedded in the Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021. Under the strategy, trustees must balance risks, maximise income, and offer flexibility to savings. This must be presented in writing and made ...

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... new trustee fee is being introduced in response to recent changes to the SIS Act which broaden the type of penalties trustees and directors can incur. "As the fund and PST are operated on a profit-for-member basis, the trustee does not currently hold ...

Blue Crane Capital launches fintech tool for SMSFs

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
... the Superannuation Industry (Supervision) Act (SIS Act) in July 2021. Under the changes, SMSFs can now have up to six trustees instead of the previous limit of four. Blue Crane Capital managing director Chris Hall said that SMSFr8 was built to empower ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
... as part of the government's response to the Hayne Royal Commission to protect the funds of members by preventing trustees from using these funds to pay for fines incurred by their own actions," Committee chair Jason Falinski said. "However, there ...

AIST, MetLife tackle underinsurance issue

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
MetLife and the Australian Institute of Superannuation Trustees have joined forces to raise awareness about the importance of group insurance in a bid to tackle the underinsurance problem. AIST chief executive Eva Scheerlinck told Financial Standard ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
... exercise its powers to ensure RSE licensees are doing right by members. Throughout the year, APRA's supervisors will target trustees identified in 2021 as having sub-standard practices. These funds were identified in thematic reviews. For those not specifically ...

Equity Trustees hires from Warakirri

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
Equity Trustees has expanded its asset management team with the appointment of a responsible investing lead. The newly created role at Equity Trustees has been filled by Dilan Ashton. Ashton will be based in the Sydney office as general manager, responsible ...

ASIC exposes RE structure conflicts of interest

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... Capital Funds Management, BlackRock Investment Management, BT Funds Management, Colonial First State Investments, Equity Trustees, Macquarie Investment Management, Mercer Investments, Perpetual Trust Services, Russell Investment Management, and Vanguard ...

The future is bright for BT: Rady

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
... he said. "The super business is a separate process which, in effect, has been kicked off and is primarily run by the trustees, but all options are certainly on the table in terms of how we consider the platform and super business." BT saw two of its ...