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Showing 931 - 940 of 3320 results for "Trustees"

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... (January 30) Sargon was forced into external administration by one of its Chinese creditors, state-owned insurer Taiping Trustees, with McGrathNicol appointed as administrator. The event cast doubt over a number of Sargon's subsidiaries, including ...

ATO backs SMSFs as strong retirement choice

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... carries great responsibility," he said. "It is also a unique role as it involves facilitating, monitoring and regulating trustees who have made the conscious choice to manage their own retirement savings." Micale said he was pleased to have spent the ...

Regulators alert trustees of new obligations

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
The financial services and superannuation regulators have expressed their expectations to trustees on the new member outcomes, and product design and distribution obligations. In a letter to trustees co-signed by APRA deputy chair Helen Rowell and ASIC ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... week. The firm will represent unitholders in the IPO Wealth Fund, which is currently being wound up by trustee Vasco Trustees after the Victorian Supreme Court ordered that the fund be put into liquidation. The class action alleges, among other things ...

AIST appoints two new executives

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
The Australian Institute of Superannuation Trustees (AIST) has appointed a new general manager memberships and partnerships and a new general manager professional development to drive a bigger focus on membership engagement. The appointments also aim ...

Australia bottoms out on fund disclosure

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... portfolio manager names, fund ownership, and compensation. "Australian Corporations Act amendments that would require super trustees to publish portfolio holdings online were due to come into effect on 31 December 2019 before being postponed. The deadline ...

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
... Report 675 Default insurance in superannuation: Member value for money explores metrics that ASIC said can help super trustees analyse the value for money of default insurance and deliver better outcomes for members. According to ASIC's analysis of the ...

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
... super reform that finally ridded the system of underperforming funds and ensured the disgraceful misconduct by super trustees revealed at the Banking Royal Commission could not happen again," ISA said. ISA said it has made a submission in response to ...

ASIC defers portfolio holdings disclosure deadline

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... which defers the first reporting day to 31 December 2021. The relief was set to expire on 31 December 2020, requiring trustees to publish information about holdings on the fund's website no later than 90 days from reporting date (either December ...

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
... 'general' and failed to include the relative cost of premiums in different categories. ASIC assessed what assumptions trustees made about members and how they determined that the default was appropriate for their membership. There was "significant variation ...