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Showing 771 - 780 of 3320 results for "Trustees"

ASIC calls for stronger whistleblowing policies

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
... The corporate regulator has written to the chief executives of large public companies, large private companies and the trustees of superannuation funds to ensure their whistleblowing policies are compliant. The letter comes after ASIC reviewed a sample ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... to claim on the default cover that they have been paying for through their superannuation. However, the FSC will allow trustees to choose not to cover a new member based on their occupation when joining the fund. "In these circumstances a member will ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
The regulator is taking Diversa Trustees to court over failing to maintain oversight of a now banned financial adviser. Diversa is the trustee for $1 billion Future Super, Mason Stevens Super, ING Super and MAP Master Super - later known as OneSuper ...

PRI chief joins Quinbrook advisory board

ANNABELLE DICKSON  |  TUESDAY, 5 OCT 2021
... Investment Management and an independent director at Frontier. Reynolds also led the Australian Institute of Superannuation Trustees as chief executive between 2006 and 2013. Quinbrook is an investor in renewables, storage and grid support infrastructure ...

Mercer names super services leader

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... clients, particularly in a time of significant change. "In the current environment of increasing regulatory pressure, trustees are constantly reviewing how they can most efficiently deliver services to their members. Claire's experience in delivering ...

Carolyn Colley joins Milford board

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
... independent non-executive director of the subsidiary settlement and clearing boards of the ASX, IOOF's Superannuation Trustees, Smartgroup and Chartered Accountants Australia and New Zealand. Milford chair Mark Cross welcomed Colley to the board and ...

APRA proposes further unlisted valuation rules

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... the initiative. One new measure is to develop and maintain a comprehensive investment stress testing program, and that trustees develop and implement an effective valuation governance framework. APRA made special mention of using performance benchmarks. ...

SMSFs welcome RIC exemption

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... have for the sector. It meant additional cost, red tape, and unintended consequences arising from a requirement for SMSF trustees to formulate a retirement, he said. APRA-regulated funds must provide a strategy that considers several risks: longevity ...

Catholic Super adds to trustee board

JAMIE WILLIAMSON  |  TUESDAY, 28 SEP 2021
... sector will be pivotal as we explore continued joint venture opportunities, mergers and acquisitions," Casey said. Togethr Trustees, which comprises both Catholic Super and Equip, wants to hit $50 billion in funds under management by 2025. Currently ...

Retirement Income Covenant closer to materialising

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
... legislation and is taking industry feedback until October 15. The document sets out the obligations of superannuation trustees in designing a strategy for retirees or near-retirees that maximises their retirement income over later years. The strategy ...