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Showing 831 - 840 of 10095 results for "Trust"

Realm House hires from Plato

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... our risk oversight accordingly." Tung's appointment comes just as Realm has launched a debt-focused listed investment trust( LIT) onto the ASX. Realm said the LIT seeks to address shortfalls observed in other debt-focused LITs. "These include trading ...

Transfer balance cap to rise on July 1

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
While the official word will come from the Australian Taxation Office (ATO) in March, the December 2024 inflation figures released by the Australian Bureau of Statistics (ABS) yesterday confirmed the indexation of the cap. Currently $1.9 million, from ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... also impacted by a decline in global and US value indices over the quarter, as well as net outflows," he said. "Corporate Trust delivered solid growth in funds under administration (FUA) totalling 2.5%, supported by growth across the majority of products ...

Magellan unveils refreshed leadership, investment team

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025
Magellan Financial Group has made a raft of changes to both its C-suite and investments team, resulting in several key departures. The changes come as Magellan looks to execute on its strategic growth ambitions, including capitalising on its strategic ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... "Unlike banks or other financial institutions, our superannuation funds are unique because an individual's money is held in a trust and is preserved and protected until that individual reaches retirement age or meets a condition of release, like release ...

K2 appoints chief executive, wins mandate

KARREN VERGARA  |  WEDNESDAY, 29 JAN 2025
K2 Asset Management has named a new chief executive and won a $242 million mandate from an unnamed wealth manager. Hollie Wight has been promoted to chief executive after serving as managing director and head of responsible entity (RE) and trustee services ...

ASIC bans adviser fraudster found with child abuse material

ANDREW MCKEAN  |  WEDNESDAY, 29 JAN 2025
... conscious decision to steal from the deceased estate over about 11 months," Judge Paul Smith said. "You were in a position of trust, being a financial adviser. It was brazen, persistent and premeditated." Judge Smith said after the client's death, the ...

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... important and necessary features of superannuation in Australia." Super funds themselves, including Australian Retirement Trust and Aware Super, also welcomed the government's plans.

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025
... Sustainability Assurance (including International Independence Standards) (IESSA) - 'a foundation for ethical mindset and trust'. The latter tackles challenges like immature data and systems and forward-looking information. They form "necessary technical ...

Atrium winds up global listed infrastructure fund

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
Atrium Investment Management will terminate one of its funds, which is managed by Magellan Asset Management, as it was inefficient and costly to operate. The Global Listed Infrastructure Mandate No.1 will cease on January 31. Atrium told investors that ...