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Showing 71 - 80 of 4109 results for "Trustee"

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... cold calling in relation to pensions, except where the caller is authorised by the Financial Conduct Authority, or is the trustee or manager of an occupational or personal pension scheme, or where the recipient has consented to the calls.

Performance test covers managed accounts, SMAs: APRA

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... Future, Your Super. "Per SIS Regulation 9AB.2(2)(c) of the SIS Regulations, if a beneficiary of the fund cannot require the trustee of the fund to alter an amount attributable to the beneficiary to be invested in a particular covered asset class in an ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... Prospero Markets (now in liquidation), and eToro. This is followed by managed investments (24.3%), and superannuation non-trustee related issues (12.2%), and timeshare and strata title schemes (3.5%). This story was updated at 4.10 pm.

Super leaders take out King's Birthday honours

ELIZABETH FRY  |  TUESDAY, 11 JUN 2024
... president Nicolette Rubinsztein, and one-time deputy chair of AustralianSuper Greg Combet. Also recognised was Ray Sputore, a trustee at Cbus, the industry fund that serves the building and construction industry. Mostyn, a former president of Chief Executive ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
... difference, it said gambling investments were off-limits. However, ASIC found that contrary to Active Super's claims; its trustee, LGSS, had been directly invested in Pointsbet and lottery operator Jumbo Interactive, and indirectly invested in seven ...

EQT updates on Australian Executor Trustees acquisition

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... administration was completed on June 3, with SuperConcepts the new administrator for the funds. EQT said it remains as the trustee for the funds through its RSE Licensee held by subsidiary Equity Trustees Superannuation Limited (ETSL). In addition, EQT ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
The Australian Prudential Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act ...

Australian Ethical updates investment guide

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
Australian Ethical has updated its guide to ethical investing with several additions to further clarify what it considers before making an investment. The super fund added a list of positive and negative factors it considers in developing its criteria ...

ASIC tells super funds to 'step it up'

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
Speaking at the Australasian Investor Relations Association event, Australian Securities and Investments Commission (ASIC) commissioner Simone Constant gave a stern warning to Australian superannuation funds. Constant said financial reporting of listed ...