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Showing 751 - 760 of 10091 results for "Trust"

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
BUSSQ has pulled the plug on its Federal Court appeal for a judicial review of APRA's additional licence conditions, caving to the regulator's edict. At the same time, APRA has tweaked the conditions it slapped on BUSSQ last August, which force ...

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
ASIC chair Joe Longo has torched the superannuation sector, branding it the "poster child" for what can and does go wrong when governance implodes, while accusing directors of "not knowing" their business. In a speech at the Australian Institute of ...

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... January 2020 following the Hayne Royal Commission, intending to "stop practices that lead to poor consumer outcomes and trust in the financial system." Subsequently, the corporate watchdog also introduced similar legislation to financial products in ...

Data is our biggest challenge: Aware Super

ELIZA BAVIN  |  TUESDAY, 11 MAR 2025
... get trusted data, well governed data, your need for [more] data kind of explodes, because suddenly people are saying, 'I trust this data, I can now start making decisions based on what I'm getting as output'. "We're still in the infancy of that ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... non-bank lender MoneyMe's debt facility has grown to $130 million. IAM is refinancing MoneyMe's MME Horizon Warehouse Trust, which has secured commitments from family offices, high-net-worth investors, and credit funds. The deal announced on ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
The prudential regulator is calling for the consideration of perceived conflicts of interest and reputational risks when appointing directors, and while it's easy to think of cases where this would be appropriate, Gilbert + Tobin partner Luke Barrett ...

'We're not going anywhere': SS&C serious about Aussie expansion

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... entering into an agreement with Insignia Financial in December last year to take on around 1400 staff and transform its master trust business, SS&C is eyeing significantly more market share in Australia. Speaking to Financial Standard, SS&C global chair ...

Perpetual appoints demerger specialist

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
... Perpetual five months ago as a separation specialist when Perpetual was about to divest its wealth management and corporate trust businesses to KKR. While the deal was nixed last month for tax reasons, Perpetual chief executive Bernard Reilly said news ...

Dania Zinurova exits Wilson AM

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
... Dania Zinurova - the portfolio manager for WAM Alternative Assets and now fund manager of Dexus Diversified Infrastructure Trust (DDIT) - has held many leaderships roles throughout her 24-year career. Zinurova joined Geoff Wilson's Sydney-based fund ...

Mercer snaps up Northern Trust AM exec

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
A Northern Trust Asset Management executive is quitting her post as the head of strategic partnerships for Australia and New Zealand and rejoining Mercer. Amber Morgan was at Northern Trust AM for almost two years developing investment solutions for ...