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Showing 51 - 60 of 10995 results for "May"

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... deserves a secure place to live, particularly in retirement," said ASFA chief executive Mary Delahunty. "While superannuation may seem like a tempting pot to raid, our analysis shows it will only benefit those young people who are already more likely ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... investment, administration, and insurance fees increase. AvSuper will join the $280 billion ART with its 2.3 million members on May 1. Public offer members will see administration costs change from $0.50 per week plus 0.19% p.a. of the account balance ...

Former Schroders chief joins private markets firm

ELIZABETH FRY  |  FRIDAY, 22 MAR 2024
... expanding allocations to private markets and a wave of new products," he stated. Hallinan will officially join the firm in May.

Why active managers are falling behind in emerging markets

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
Equities investors in emerging markets targeting outperformance may be better served implementing a multifactor strategy, according to new research from VanEck. The research paper, Factor-in Emerging Markets, revealed employing multiple factors would ...

ASIC's harsh words to directors: 'It's not meant to be easy'

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
... there is complexity in the business world, but said that isn't an excuse for directors to not do their jobs properly. "It may seem to some that being a director is like Sisyphus in the Ancient Greek myth: Forever pushing a boulder up the hill, only for ...

ACNC tightens screws on NFPs with complex corporate structures

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... commissioner Sue Woodward said the commission is "becoming increasingly concerned about the misuse of complex structures, where they may be part of attempts to conceal non-compliance with the ACNC Act and regulations." "Charities are free to use a variety ...

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... included: potential vulnerabilities that were not identified or recorded even where information on file suggested vulnerability may have been present knowledge and experience of investments and understanding of risk was either recorded at a high level ...

Listed companies drive economy's momentum: ABDO

KARREN VERGARA  |  THURSDAY, 21 MAR 2024
... discretionary companies, the banks and even REITs did well, he said. The mining sector, however, is the laggard. While it may have fallen out of favour with some investors, Bruce sees a "good absolute value opportunity" in the resources sector. "Our ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... was filed against BT Funds Management as trustee of BT Super, while IG Markets was the target of two class actions filed in May 2023. Overall, the number of class actions filed in 2023 were the second highest of all time. As for where the risks lie in ...

Third person pleads guilty in Courtenay House Ponzi scheme

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... being unlicensed. Sipina has become the third person to plead guilty to criminal charges associated with Courtenay House. On 8 May 2023, Athan Papoulias, a former contractor of Courtenay House, was sentenced to two years' imprisonment which will be served ...