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| | The Actuaries Institute has proposed revising the annual superannuation performance test, so it better aligns trustees' investments with the best financial interests of members. In its Treasury submission, the Institute said the test should include ... |
| | | Suncorp Group has appointed Certane CT, a division of MSC Group, as trustee for its successful $360 million notes offer. The unsecured notes will be listed and tradeable on the Australian Securities Exchange (ASX) from 15 May 2024 (ASX: SUNPJ). As the ... |
| | | ... move will add about $773 million to OneSuper's $4.5 billion in funds under management and 21,340 members. Now, the trustee has confirmed it will also transfer the Professional Super sub-plan on June 1. Professional Super is home to several superannuation ... |
| | | ... retail fund, the Woodbridge Secured Income Fund. Equity Trustees executive general manager, corporate and superannuation trustee services Andrew Godfrey said he is delighted to have been chosen to be the responsible entity for the fund. "We look forward ... |
| | | ... performance and fees charged to members. The test has been applied to MySuper products since 1 July 2021 and was extended to Trustee-Directed Products (TDPs) on 1 July 2023. In the latest test, which was the first to include TDPs, 97 products failed ... |
| | | ... its launch, Spaceship Super is being merged into a larger offering. Following a due diligence process, Spaceship's trustee Diversa has chosen to undertake a successor fund transfer that will see Spaceship become a sub-plan of OneSuper. Spaceship ... |
| | | HUB24, which owns Xplore Wealth, Class, and myprosperity, surpassed the $100 billion milestone at the end of March. Some $79.7 billion in FUA, up 34% year on year, came directly from the platform. Its Portfolio Administration and Reporting Services' ... |
| | | EQT Holdings has announced the appointment of a new chief financial officer as Philip Gentry prepares to step down. Johanna Platt is set to take on the role, effective 22 July 2024. Gentry announced he would be stepping down from the position back in ... |
| | | ... business. It's alleged that on four occasions between 9 August 2019 and 21 April 2020 made representations to the trustee of the IPO Wealth Fund, Vasco Trustees, that it owned companies in Italy that it did not. He appeared in Melbourne Magistrates ... |
| | | ... members and will be wound up. The fund was established in 1977 by agribusiness Manildra Group which has now notified the trustee that while the fund continues to promote member outcomes, according to its own assessment, it will terminate the offering ... |
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