FinCap chair Christian Ryan said each offer will open and close on specified dates, with capital deployed directly into the underlying asset.
APRA has imposed additional license conditions on the trustee of the HUB24 Superannuation fund – an entity HUB24 is acquiring from EQT.
Equity Trustees has mounted a strong argument that the Government should not needlessly penalise outsource trustee companies.
In a sign of the changing shape of the superannuation sector, outflows outweighed inflows in the March quarter says APRA.