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Showing 51 - 60 of 1058 results for "Principle"

Australians want super safeguard: ISA

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
According to new data, 80% of Australians agree that super is for providing financial security in retirement and support law changes that will deter early release. As the government's consultation on legislating super objectives closes, Industry ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... proposed objective for superannuation. At the ASFA Conference in February, Shadow Treasurer Angus Taylor also supported the principle of an objective for superannuation but disagreed with additional mandates like nation building.

ASIC revisits IDPS sunsetting orders

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
ASIC is seeking feedback from the investment management sector as it reviews investor directed portfolio services (IDPS) and IDPS-like schemes, with a focus on remaking sunsetting class orders. ASIC has released Consultation Paper 369 (CP369) Remaking ...

Kapstream wins new mandate

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
Kapstream Capital has scored a new mandate from an $8.4 billion fund manager. Australian Ethical has appointed the fixed income specialist to its stable. In selecting Kapstream, Australian Ethical deputy chief investment officer and head of multi assets ...

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
... pay and promote prosperity for women in low-paid sectors, the government is introducing a statutory equal remuneration principle that reduces barriers to pay equity claims. In the not-for-profit sector, last July, the Office for Women released a new ...

Professionalise sustainability within funds: Panel

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
A panel on the impacts of climate change has heard how, as ESG approaches evolve, super funds must be conscious of their competency in the space and have processes for measuring it. Appearing at the Conference of Major Superannuation Funds, UTS Institute ...

Future-proofing the super system: Rees

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
Speaking on a panel the first day of the Conference of Major Superannuation Funds (CMSF), MetLife head of external affairs and public policy Nathan Rees said that establishing an objective for superannuation will help to "future proof" the system. "The ...

ASIC consults on sunsetting class orders

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
ASIC is consulting on the potential remaking of class orders related to managed investment schemes and corporate directors of corporate collective investment vehicles. Class Order [CO 13/519] Changing the responsible entity ; and Class Order [CO 13/656] ...

First Super awards ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2023
First Super has appointed IFM Investors to manage a new indexed international equities strategy with a focus on governance and labour rights. The new strategy is designed to provide exposure to a diversified portfolio of global (ex-Australia) publicly ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... considers CPI-linked bonds to be a better investment hedge as they guarantee a return above the inflation rate, with the principle value and coupon payment increasing as CPI rises, ensuring that the investor's purchasing power remains intact. "Retirees ...