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Showing 761 - 770 of 4484 results for "Trustee"

More alpha gains through ops

ELIZABETH FRY  |  TUESDAY, 13 DEC 2022
... risk people, more ops people, more data, more people, and more reporting people. "Further, the role of the superannuation trustee will expand as well because they're suddenly monitoring a far broader remit than what they were previously." "When outsourcing ...

Expand access to financial services: AUSTRAC

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
AUSTRAC has released guidance to banks and superannuation funds on helping those without access to traditional identification documents access financial services. The guidance aims to support people from diverse backgrounds and in challenging circumstances ...

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
... can't even keep to these generous timeframes." In selecting the trustees for the review, in Stage 1 (35 trustees) each trustee had more than 50,000 members and most had over $10 billion in assets. They came from a mix of sectors and had a combined $1.5 ...

Barrenjoey launches social purpose fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2022
... fiduciary duty to our members, and this investment is an innovative example of how we can do both." Evolution Trustees is the trustee of the fund, iPlatforms is the administration platform, Allen Partners provides capital advisory, Aksia handles research ...

TV personality to lead Stafford Capital distribution

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... solutions, Australia. In addition to covering the super landscape as a journalist for the last 10 years, Morgan is a former trustee director of Media Super. Stafford Capital chair Brett Himbury said he is delighted to have someone of Morgan's calibre ...

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... superannuation offering of an ASX-listed fintech will merge with AMG Super later this month following a ruling by its trustee. Raiz Invest Super, the super solution offered by micro investing platform Raiz, will become a division of AMG Super on or around ...

Corporate super plan seeks merger partner

JAMIE WILLIAMSON  |  FRIDAY, 2 DEC 2022
A $2.3 billion corporate super fund has commenced the search for a successor fund following an independent review that found it would struggle to satisfy members' best interests in two years' time. The Alcoa of Australia Retirement Plan has ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... weren't calculated or disclosed correctly, calling the coverage of its errors "misrepresented." Equity Trustees, the trustee of Crescent Wealth, recently issued a significant events notice following the discovery of a disclosure issue related to ...

Marketing oversight must improve: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
ASIC named and shamed more responsible entities in need of improving their oversight of investment managers' marketing practices, raising concerns over five funds totalling about $705 million in assets. Ongoing ASIC surveillance identified concerns ...

Millions of retirees will benefit from QAR

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
The Quality of Advice Review's (QAR) proposals will help an additional two million retirees spend $22.5 billion more and leave $6 billion less in bequests annually by the year 2040. According to data released by the Financial Services Council (FSC) ...