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Showing 981 - 990 of 4485 results for "Trustee"

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
Several superannuation funds that flunked the inaugural Your Future, Your Super test, are also failing Choice members, the latest APRA heatmaps reveal. The prudential regulator slapped retail and industry superannuation funds alike with the lowest grade ...

HESTA leads trustee board diversity

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
Superannuation fund HESTA has the highest number of women on its trustee board with nine females versus five males. An analysis of APRA's fund-level superannuation data as at June 2021 shows the $67 billion fund has tipped the gender imbalance as ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released their annual engagement update for 2021. Reinforcing Australia's twin peaks model of regulation, the agencies said they ...

State Super sets net zero targets

JAMIE WILLIAMSON  |  MONDAY, 13 DEC 2021
... continue strong engagement with the companies and managers of the assets we hold," State Super said. "In addition, the trustee will continue to evolve and refine its longer-term strategy, including via insights revealed with the continuing improvement ...

New appointments to FSC board

CHLOE WALKER  |  FRIDAY, 10 DEC 2021
... and wholesale funds management businesses, superannuation funds, life insurers, financial advisory networks and licensed trustee companies. The industry is responsible for investing almost $3 trillion on behalf of more than 14.8 million Australians.

Sydney Airport takeover given green light

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... which consists of IFM Investors, AustralianSuper, QSuper, Global Infrastructure Partners and Conyers Trust Company as trustee of the IFM Global Infrastructure Fund, will pay $8.75 per share via a scheme of arrangement. A current owner, UniSuper will ...

Regal Funds Management takes stake in Attunga Capital

CHLOE WALKER  |  WEDNESDAY, 8 DEC 2021
... stake in leading power and environmental commodity asset manager Attunga Capital. Founded in 2005, Attunga Capital is the trustee and manager of the Attunga Power and Enviro Fund and Attunga Carbon and Enviro Fund, managing a total of $150 million in ...

APRA tells Christian Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 7 DEC 2021
... new licence conditions are designed to set out a clear path for Christian Super to achieve this, while also ensuring the trustee obtains independent advice and reports to APRA on its progress before making a go-ahead decision for these members." Christian ...

Proposed reforms could simplify advice

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
... be applied to general insurance products, superannuation products, retirement savings account products, and traditional trustee company services. While the federal government has yet to release the terms of reference for the Quality of Advice Review ...

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
APRA is consulting on two new prudential standards aimed at strengthening how entities, including superannuation trustees, respond to financial crises. CPS 190 Financial Contingency Planning (CPS 190) and CPS 900 Resolution Planning (CPS 900) are the ...