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Showing 731 - 740 of 4484 results for "Trustee"

AET divestment drives Insignia profit gain

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
Insignia Financial recorded a 67% increase in net profit after tax for the first half, while also seeing a drop in its funds under management and administration of $5.5 billion. Reported to the ASX today, Insignia's NPAT was $45.1 million, a significant ...

Equity Trustees records solid 1H23 result

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... recorded at $155.5 billion. This is 4.4% higher than the prior half. AET contributed additional FUMAS of $6.8 billion. The Trustee and Wealth Services business saw a 10% growth in revenues, partially offset by adverse markets. There was a one-month contribution ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
National Advice Solutions was convicted in a Queensland court for cold-calling consumers and trying to convince them to switch their super fund, copping a $70,000 fine. National Advice Solutions' AFSL was cancelled in December and its two responsible ...

CBA Group Super pursues merger with ART

ANDREW MCKEAN  |  WEDNESDAY, 22 FEB 2023
... Super's 67,000 members and $12.3 billion funds under management (FUM) transfer to ART. Commonwealth Bank Group Super's trustee, Commonwealth Bank Officers Superannuation Corporation, said it recognised the importance of exploring strategic opportunities ...

TrustQuay, Viewpoint merge to accelerate change

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... productivity and efficiency of our clients." Just last year, Equity Trustees partnered with TrustQuay to centralise its Trustee and Wealth Services business and digitise the end client experience.

Link due to settle defunct Woodford fund with FCA

KARREN VERGARA  |  MONDAY, 20 FEB 2023
... it faced liquidity issues. Link announced to the ASX today that its UK business Link Fund Solutions Limited (LFS), the trustee of the fund, is due to settle the Financial Conduct Authority's investigation. By the same token, Link's divestment ...

CountPlus appoints new chief risk officer

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
CountPlus has appointed a new chief risk officer from Australian Executor Trustees (AET). CountPlus appointed Lisa Chambers, with the company saying she brings significant commercial risk expertise and a strategic mindset. Previously a general manager ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... mediate this issue by 13 October 2023. The second class action relates to fees charged by the FirstChoice Fund. CFSIL, as trustee, allegedly acted unconscionably and breached its duties and acted unconscionably because it failed to take steps to avoid ...

Equity Trustees names super head

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... fortunate to have this exceptional expertise and experience to continue the growth story for our specialist superannuation trustee service, which has included the acquisition of Zurich Australian Super and trustee appointments to AIA (Comminsure) in ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
There is no difference between investment returns for US state pension funds in "blue" states that might be more likely to integrate ESG investment principles and "red" states that are more likely to ban ESG investment strategies, according to Rainmaker ...