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Showing 131 - 140 of 899 results for "ARI"

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
The Financial Services Council has highlighted numerous holes in the Compensation Scheme of Last Resort in a bid to prevent financial advisers that "have done nothing wrong" from paying for the scheme. The FSC is calling on corporate regulator ASIC ...

Super funds to front committee hearing

JAMIE WILLIAMSON  |  FRIDAY, 17 SEP 2021
Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday. Several super funds and IFM Investors will face the inquiry on Monday, with the government saying it ...

AustralianSuper says no incidents of common ownership

KANIKA SOOD  |  WEDNESDAY, 15 SEP 2021
The industry fund says it analysed its $53 billion Australian equities portfolio and found no instances of common ownership. Common ownership of listed companies is currently the subject of a parliamentary inquiry led by MP Tim Wilson, who has said ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
An overwhelming number of financial advisers are recommending exchange-traded funds to clients in place of active management strategies, according to a VanEck survey. After canvassing 547 financial advisers, VanEck's 2021 Australian Smart Beta Survey ...

Aussie neobank partners with crypto exchange

ELIZABETH MCARTHUR  |  MONDAY, 6 SEP 2021
Neobank Volt has partnered with digital currency exchange BTC Markets. The partnership will provide integrated banking capabilities to BTC Markets customers, initially via access to a corporate cash management account with real-time notifications and ...

Occupational exclusions under scrutiny

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
Occupational exclusions in group insurance are under the microscope as the federal government reviews their fairness and appropriateness. Senator Jane Hume has opened consultations for the review until October 14, aiming to find solutions to problems ...

UniSuper moves on climate targets

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
The $100 billion superannuation fund is progressing on its commitment to net zero emissions after reducing its exposure to fossil fuels. In latest climate policy update, 40 of UniSuper's top 50 Australian portfolio companies have now set operational ...

ASIC outlines approach to reforms amid uncertainty

JAMIE WILLIAMSON  |  FRIDAY, 13 AUG 2021
The corporate regulator will allow a period of transition for the several reforms taking effect in the first week of October. From October 1, new laws around adviser reference checking and information sharing requirements will take effect, as will new ...

SMSF fraudster loses appeal

ANNABELLE DICKSON  |  FRIDAY, 23 JUL 2021
The Queensland Court of Appeal has dismissed an appeal by former property developer Craig Gore who was found guilty of defrauding self-managed superannuation fund investors. In November 2020, Gore was sentenced to five years' imprisonment with a ...

CommIF takeover rejected

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021
An independent board committee rejected a takeover bid for AMP Capital's Community Infrastructure (CommIF) Fund. AMP Capital received proposals from Plenary Group, HRL Morrison and Co and Palisade to take over CommIF, but these have all now been rejected. ...