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Showing 71 - 80 of 2997 results for "Trustees"

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
The government has been encouraged to create a regulatory framework that empowers superannuation trustees to offer members targeted help, guidance, and advice (HGA) on issues outlined in the Retirement Income Review (RIC). The Actuaries Institute dialogue ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... systems and processes were enhanced and updated after we discovered the errors." Several organisations such as Diversa Trustees, Vanguard Investments Australia, and Active Super have recently engaged in greenwashing practices. In August, ASIC filed a ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... fees," she said. "Members should be confident that their retirement savings are not reduced over time by superannuation trustees making deductions from their accounts they are not entitled to make." The penalty marks ASIC's second decision pertaining ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... custodian for BNP Paribas, swapped OneVue for Apex Group as administrator, and dumped Diversa as trustee in favour of Equity Trustees. "Both Verve and Future Group share a commitment to ethical investing, with both the Verve product and the Future Super ...

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... innings." Buffett revealed that his three children, Howard, Susan and Peter, are the executors of his will and will be trustees of the charitable trust that will receive nearly all of his wealth. "They were not fully prepared for this awesome responsibility ...

Spatium Capital selects trustee, administrator for small caps fund

CASSANDRA BALDINI  |  TUESDAY, 28 NOV 2023
... Fund (SSCF) from early 2024. Spatium Capital said the announcement follows requests from financial advisers and SMSF trustees who want easier, cleaner digital access via applications and signature protocols. True Oak has operated for 40 years and was ...

Income fund shuttered by Equity Trustees

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
Equity Trustees has moved to terminate a fund offered by Kaplan Funds Management, saying its purpose can no longer be accomplished. Investors were made aware earlier this month that the KFM Income Fund is set to be closed, with Equity Trustees citing ...

Super Members Council names chief executive

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
... council, which was formed after the merger of Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST). "This is a great responsibility and opportunity to build a powerful voice for those 10 million Australians who ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... is transferred to another, and CGT relief applies for all members, there is no existing, viable mechanism that enables trustees of super funds and managed investment schemes to efficiently rationalise products and investment structures," it said. "This ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... Parliament and the Australian public. However, the objective will not alter the current responsibilities of superannuation trustees, nor rules for early access to super on compassionate grounds. Rest chief executive Vicki Doyle said the fund's nearly ...