Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 2997 results for "Trustees"

Deloitte eyes more mergers and product innovation

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... Income Covenant (RIC) aims to improve outcomes for members, but funds lack complete information on their members. As such, trustees must develop a plan to address the data gaps to "construct better segmented cohorts of members." The RIC also provides ...

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2024
... equity offering, is being made available to wholesale and institutional investors via AFM Investment Partners. Equity Trustees will serve as responsible entity of the fund. The fund's objective is to reduce plastic waste and greenhouse gas emissions ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... assets previously alleged to have been misappropriated," it added. In May 2020 the IPO Wealth Fund's trustee, Vasco Trustees, appointed receivers and alleged that Mawhinney had transferred $18 million worth of assets to the British Virgin Islands. ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... reform options, the primary focus is on improving member outcomes through an enduring test that supports and incentivises trustees to achieve the best retirement outcomes for their members. The first option, maintaining the status quo, suggests refining ...

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... According to MLC, the paper aims to improve outcomes for Australian workers who face illness or injury and for superannuation trustees, who must act in the best financial interests of their members. "As one of Australia's oldest life insurers, we're ...

MSC Trustees nabs Equity Trustees general manager

JAMIE WILLIAMSON  |  TUESDAY, 5 MAR 2024
Making the jump from Equity Trustees, Kylie Holbrook has joined MSC Trustees as general manager, funds. MSC Trustees said the appointment marks an expansion of its Sydney team, with Holbrook taking on a leadership role. She spent the last 12 years at ...

Low investor demand sees equities funds wound up

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... review, T. Rowe Price is terminating its Australian Equity Fund. The manager, alongside its responsible entity (RE) Equity Trustees, said the timely termination of the fund is the best course of action, having considered "a variety of factors, including ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... and respond to scams. The regulatory body will now shift its focus towards a wider range of banks and superannuation trustees to ensure that they are taking all necessary measures to protect their members and customers from malicious scammers. "We are ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... Corp and Raytheon Technologies Corp. ASIC has also levied fines against Future Super, Black Mountain Energy, Diversa Trustees Limited, Vanguard Investments Australia, Tlau Energy and Northern Trust Asset Management. ASIC currently has three greenwashing-related ...

MLC Life Insurance hires from Cbus

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... life insurance group to offer a positive experience for its advisers and customers, as well as superannuation funds, trustees, and their members. MLC Life Insurance chief executive Kent Griffin said he is pleased to have someone with Robinson's background ...