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Showing 771 - 780 of 4574 results for "Trustee"

APRA consults on approach to combining product histories

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... performance history used in the performance test." APRA has also released a new information paper on its approach to combining trustee-directed product performance histories, to be tested for the first time this year. "At this stage, APRA has drafted ...

DASH adds to leadership

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... specialist, recruiting ANZ's head of wealth customer resolution and the executive general manager of Equity Trustees' super trustee office. Following a recent capital raise, DASH is targeting growth and said it can now play an "important role" in making ...

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
HUB24 has entered into a Heads of Agreement with Equity Trustees to provide custodial platform administration and technology solutions. The agreement between Equity Trustees and HUB24 covers large transitions totalling around $4 billion funds under ...

SMSF Association names head of membership

CHLOE WALKER  |  TUESDAY, 18 APR 2023
Neil Sparks will become the new head of membership and corporate development for the SMSF Association, effective May 1. Sparks currently serves as head of policy and technical services at BT, a tenure he has held for over 15 years. As a fellow of the ...

Illegal early release of super sees director banned

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... period as a result. Edden-Brown was the sole director and shareholder of Edden Brown Holdings Pty Ltd (EBH), the corporate trustee for the Enigma Corporation Trust (Enigma Corporation) and the Equitibanx Australian Trust (Equitibanx). From 2019 to 2021 ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
Assistant treasurer and minister for financial services Stephen Jones has detailed a three-pronged approach to superannuation reform that will forge national consensus, shift the focus from savings to retirement income, and elevate service standards ...

ASIC warns super funds on member communication failure

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... must also be more consistent on communicating performance results on their websites. "As the performance test expands to trustee-directed products, I strongly encourage trustees to assess their approach to member communications, reflecting on the suggested ...

Investor education combats emotions: Experts

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... advice Steven O'Donoghue says that members can be driven by emotions in their investments or retirement, even though a trustee's obligation is to protect their financial interests. "This underlines the challenge of financial literacy," O'Donoghue told ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... the MoneySmart website and product dashboards for MySuper products," Scheerlinck said. "Although applying the test to trustee-directed products from this year broadens the scope of scrutiny, it was not unexpected and falls short of our position that ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Industry groups have welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for ...