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Showing 81 - 90 of 4109 results for "Trustee"

Vision Super chair departs

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... role since July 2021. She replaced Geoff Lake, under whom she served as deputy chair since March 2018. Prior, she was a trustee director of HESTA from 2013 to 2017. Darmanin was instrumental in Vision Super's decision to merge with Active Super ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Superannuation assets soared to $3.9 trillion, jumping 11.3% at the end of March despite the number of APRA-regulated funds shrinking. The latest APRA statistics show that a wave of contributions drove the momentum as well as investments returning 10.9% ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... management and compliance management deficiencies were identified as part of APRA's ongoing prudential supervision of the trustee, which included a review in October 2023. Mercer subsequently acknowledged significant breaches of prudential standards ...

SMSFs' use of advisers plummets: Research

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
The number of self-managed super funds (SMSFs) using advisers has reached a new low, with the proportion of SMSFs using advisers falling to 23% from 27% in the past 12 months, according to a Vanguard/Investment Trends report. The number of SMSFs without ...

Another corporate fund bites the dust

JAMIE WILLIAMSON  |  MONDAY, 20 MAY 2024
... employees. Now, following a review, Nissan Motor Co. has decided to cease its contributions to the plan. As such, its trustee Willis Towers Watson will terminate the fund, effective July 31. "The decision was not an easy one for Nissan and was made after ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
Loomis Sayles & Company, an affiliate of Natixis Investment Managers, has launched its Global Bond Fund for Australian wholesale investors. The fund seeks to provide diversified fixed income opportunities by combining macro themes and a bottom-up approach ...

Aware Super hires head of corporate development

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
The $175 billion superannuation fund welcomed its first head of corporate development as it looks to be a "merger partner of choice" in the industry. Craig Stevens joined Aware Super this week in the role, coming across from Vanguard Australia where ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... application with the Supreme Court of New South Wales for a hearing to obtain judicial advice under section 63 of the Trustee Act 1925 (NSW) in respect of the proposal. This involves seeking judicial advice to, among other things, convene meetings of ...

Members' attitude, behaviour key to better engagement

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024
New research suggests superannuation funds need to focus more on attitudinal and behavioural insights if they're to improve engagement. The latest CSBA FEAL Superannuation Experience & Engagement Benchmark expanded its coverage to survey super fund ...

ANZ transfers Will bank to Equity Trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024
... Further, under the deal, ANZ Private Bank will now refer clients to Equity Trustees should they require estate planning and trustee services. The Equity Trustees Will bank now holds the estate planning documents of more than 200,000 Australians. Many ...