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Showing 961 - 970 of 3320 results for "Trustees"

SMSF fraudster charged

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... investors. Craig Kirrin Gore was first arrested in April 2017 and charged with fraud after he obtained $800,000 from SMSF trustees between 2013 and 2014. Through his role at Arion Financial, Gore presented investors with information that they could invest ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... investment performance of superannuation funds relative to benchmarks based on listed assets and to penalise products (and trustees) which under-perform," the company said. "While the aim of raising overall performance is sound, the implementation is ...

Super fund execs accused of quasi-insider trading

ELIZABETH MCARTHUR  |  MONDAY, 26 OCT 2020
... the high and low periods of their fund to a total value of $445,368," Wilson said. Wilson said AustralianSuper had six trustees, one fund manager and 78 staff move money during the period. A spokesperson for AustralianSuper confirmed that none of these ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
... annum and a performance fee of 15%. Spatium Capital is an authorized representative of D H Flinders; its trustee is Vasco Trustees.

APRA highlights heatmaps success

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
... after they were only in effect for one year. Following the Royal Commission, one of APRA's objectives was to drive super trustees to deliver quality outcomes for members. This drove several new APRA initiatives, including the publication of the MySuper ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... the reforms proposed by the government in the federal budget. Speaking at the Australian Institute of Superannuation Trustees Online Chair Forum, APRA deputy chair Helen Rowell said the 'Your Future, Your Super' reforms are aligned with APRA's ...

Half of UK pension funds seek buy-out

JAMIE WILLIAMSON  |  MONDAY, 12 OCT 2020
... funds are now targeting a buy-out as their long-term objective, new research shows. A survey of 100 DB pension scheme trustees by consultancy Hymans Robertson revealed the number of pension funds aiming for self-sufficiency has dropped markedly in the ...

Melbourne firm wins $1.1bn in mandates

KANIKA SOOD  |  THURSDAY, 8 OCT 2020
... Oaktree Capital Management. Argyle Capital Partners, January Capital and Fortitude Investments Partners will use MSC Trustees and MSC Abacus, its funds administration business. Argyle is a Brisbane-based water and agriculture manager led by Kim Morrison. ...

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... as low as possible was integral to retirement outcomes. A new, clearer articulation of best interests duty for super trustees was also a surprising reform to come out of the budget. The new duty makes it clear that trustees must act in the best financial ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... government's 2020-2021 budget, but the super sector is so far cautious in its response. Australian Institute of Superannuation Trustees (AIST) chief executive Eva Scheerlinck was a little more cautious in her response to the budget, with more superannuation ...