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Showing 81 - 90 of 2142 results for "Combined"

ASIC cracks down on 11 SMSF auditors

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
... ASIC deputy chair Sarah Court. Court highlighted that auditors are responsible for overseeing 610,000 SMSFs, holding a combined total of more than $875 billion in funds. "SMSF auditors play an essential role in supporting confidence in the SMSF sector ...

Former Australian Ethical investment chief lands new gig

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... portfolio management and investment strategy," said Fernley. "David is highly credentialed in responsible investment, which combined with his investment experience and reputation, make him a valuable addition to the team." Fernley highlighted that Macri ...

AMP shareholder class action settlement slashed

KARREN VERGARA  |  MONDAY, 9 OCT 2023
... Shareholders who do not agree with the proposed settlement amount can object at the hearing. The class action, which combined several lawsuits following revelations of the firm's misconduct during the Hayne Royal Commission, alleged that AMP failed to ...

Platform fees, poor resourcing a red flag for regulator

JAMIE WILLIAMSON  |  TUESDAY, 3 OCT 2023
... She said firms' resources should be "commensurate to the scale and nature of [your] business operations at all times." Combined, platforms in the UK are home to about $1.5 trillion of assets on behalf of 8.2 million customers.

Priority Advisory Group, Wise Planners merge

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... Wise Planners (which also operates under Lifestyle Financial Services), will operate under Priority's brand. The combined entity will have 12 advisers. Based in Sydney's north shore, the newly merged firm will have four divisions: personal and ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... ensure they meet their performance objectives. Assessing all 300 pension funds, the report stated that by the end of 2022, combined assets decreased by 12.9%, now totalling US$20.6 trillion compared to US$ 23.6 trillion at the end of 2021. "This represents ...

Spirit Super introduces insurance admin fee

JAMIE WILLIAMSON  |  MONDAY, 11 SEP 2023
... without cover. Spirit Super is currently in the process of merging with CareSuper, set to finalise by late 2024. The combined fund would have $50 billion in funds under management and serve over 500,000 members. It is to be led by Murray.

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... place for tackling multiple accounts, however they largely relied on members actively opting in to having their accounts combined, and that the processes in place were not sufficient to meet the SIS Act requirements. "The proliferation of unintended ...

Willis Towers Watson buys funds from advice group

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... costs," he said. "We see this as a great opportunity to provide smaller institutional investors access to WTW advice combined with high quality institutional grade multi-manager portfolios." The goals-based philosophy, return targets and other characteristics ...

Top global trends impacting portfolio construction

CASSANDRA BALDINI  |  TUESDAY, 29 AUG 2023
... decarbonisation." "[With] the combination of COVID-19, supply chain and the need for national resiliency and domestic manufacturing, combined with the politics of Ukraine and Russia, what we're seeing is a strong push by countries for energy security," ...