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Showing 1 - 10 of 4097 results for "Trustee"

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
... and Palaghia are expected to: secure the property held by Keystone in its capacity as responsible entity of Shield and trustee of certain other funds; identify how Shield investor funds were used by Keystone; recover Shield investor funds; and provide ...

abrdn closes hedge fund

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... 31 and charged a 1.29% management fee. The fund required a minimum investment amount of $50,000. MSC Trustees was the trustee of the fund, along with nine other abrdn funds.

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... him as well. It also wants the court to disqualify O'Connor from acting as a responsible officer of any corporate trustee or superannuation entity for a period. In a statement to Financial Standard, First Super said: "We have been informed that APRA ...

Former ASIC commissioner joins Insignia Trustees

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
A former ASIC commissioner will join Insignia Financial as the chair of its trustees business on September 19. Danielle Press also assumes the position of non-executive director at Insignia Financial Trustees, replacing Lindsay Smartt. Press had a five-year ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... services are covered by the administration fees paid by members. General advice, currently provided by Quadrant First - a trustee-owned service - will continue under a new name; from November 1, it will be rebranded as 'CareSuper Advice.' Regarding ...

Betashares completes Bendigo Superannuation acquisition

KARREN VERGARA  |  MONDAY, 2 SEP 2024
... ASX-listed Bendigo Bank declined to confirm the total consideration for the super business. Bendigo Superannuation was the trustee and issuer of Bendigo SmartStart Super and Bendigo SmartStart Pension products, which were part of the Bendigo Superannuation ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... they don't have shareholders - there are some exceptions but largely they don't - so that means that everything we ask a trustee to do exposes the members of their fund to the risk of having to satisfy a liability," she said. "If there is a product that ...

Cbus' CFMEU board directors exit

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... employer and union representatives, plus two independents. CFMEU directors typically fill three of the six union appointed trustee roles. Rita Mallia, the former deputy chair of the fund, who'd been a director since 2011, and Jason O'Mara, were reported ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...

MetLife Australia launches new online insurance platform

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
MetLife Australia has launched a new online insurance platform to provide more ease for its super funds' members to access their life insurance. The life insurance company said Manage My Insurance will allow its super fund's members to access ...
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