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Showing 801 - 810 of 4485 results for "Trustee"

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
The government has released a discussion paper on the ASIC industry funding model, consulting on opportunities to simplify its design, possibly through the creation of new sub-sector definitions to make the apportioning of costs fairer. Treasury is ...

New ethical investing app has launched

CASSANDRA BALDINI  |  MONDAY, 26 SEP 2022
... Cache Investment Management is the manager and administrator of the Kwala Fund and MCS Trustees is responsible entity and trustee. Each investment by the Kwala Fund is assessed on its financial performance, environmental and social contribution, tax ...

Equity Trustees wins AEMO mandate

CHLOE WALKER  |  FRIDAY, 23 SEP 2022
Australian Energy Market Operator (AEMO) Services has appointed Equity Trustees as financial trustee under the NSW Electricity Infrastructure Roadmap. The Roadmap, established by the state government, is working towards the goal of 12GW of new renewable ...

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
Michelle Levy recounted hearing feedback on the Quality of Advice Review (QAR) for the first time to a panel comprising Association of Financial Advisers chief executive Phil Anderson, Financial Planning Association of Australia chief executive Sarah ...

Current legislation "wrong way around": Levy

CASSANDRA BALDINI  |  THURSDAY, 22 SEP 2022
Quality of Advice Review chair Michelle Levy believes providing financial advice with a focus on best interests duty and duty of priority is doing things the wrong way. Commenting on her proposal to replace the best interests duty and duty of priority ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Five AMP companies will pay $14.5 million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial ...

Inconsistencies across RIC strategies: Mercer

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
Mercer analysis of publicly available retirement income strategy summaries shows a great disparity between super funds' approaches. Under the requirements of the Retirement Income Covenant, trustees set out how they'll help members with their retirement ...

Continuity an increasing focus for family offices: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... be responsible wealth owners (51%). The report also stated that leadership successions at the family, family office or trustee levels are among the key transitions that majority of respondents are expecting to face in the next five years. Within the ...

APRA to modernise regulatory frameworks

ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
APRA has outlined plans for its multi-year program to modernise the architecture of prudential standards for banks, insurers, and super funds. The program, which commenced last year, is intended to ensure the framework continues to underpin financial ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... was 'best performing' and presented past returns without sufficiently prominent warnings. Meanwhile, Boutique Capital as trustee for the Wealthlander Diversified Alternative Fund updates its website and advertisements after ASIC spotted past and target ...