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Showing 1 - 10 of 91 results for %22Commonwealth Managed Investments%22

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... youth and naivety at the time of offending, and good prospects of rehabilitation. This matter was prosecuted by the Commonwealth Director of Public Prosecutions following an investigation and referral by ASIC.

Skynet adviser stole $10.2m: Court

KARREN VERGARA  |  THURSDAY, 28 SEP 2023
... savings or rollover monies in their superannuation accounts to self-managed superannuation funds he set up with the Commonwealth Bank (CBA). Nugara had access to the SMSF accounts to make property investments. Some of the victims were unaware that he ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... highest maximum penalty for such offences is up to 15 years imprisonment. This matter is being prosecuted by the Commonwealth Director of Public Prosecutions and will return to court in December for a plea hearing.

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... investment business to Human Financial for a 40% stake in the company. She's also served as chief operating officer for Commonwealth Bank and Lehman Brothers. Hartley has around 40 years' investment experience across all major public and private asset ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... governance, compliance and risk management frameworks for MIS are appropriate. It will also look at interactions between Commonwealth and State laws when regulating real estate investments by schemes, including in relation to the failure of the Sterling ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... representing 13% of all assets in the market. Not-profit super funds, including Australian Retirement Trust, UniSuper, Commonwealth Super Scheme, and BT Super, have the most affluent members across all ages among APRA-regulated funds. This suggests that ...

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
The contracts for administration, custody and financial advice services at Commonwealth Bank Group Superannuation will soon be handed over to new providers, ending some long-standing relationships. A spokesperson for the super fund confirmed to Financial ...

Super funds lambasted over nuclear holdings

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
... an international treaty. AustralianSuper, Aware Super, BT Funds Management, CareSuper, Cbus, Colonial First State, Commonwealth Superannuation Corporation, Energy Super, HESTA, Hostplus, Mercer, NGS, QSuper/Sunsuper, Rest, TelstraSuper, UniSuper, and ...

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... boost, Colonial First State hopes to capture a bigger slice of the financial adviser market. Upon announcing that Commonwealth Bank relinquished its 55% stake as of yesterday, CFS unveiled its grand plan to transform operationally to service the ever-changing ...

InvestSMART launches ethical product

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... deemed not relevant for ESG analysis are excluded from the criteria. The current top holdings in the fund are CSL, Commonwealth Bank, Apple, Microsoft and Westpac. The offer opened on November 15 and closes on November 26. The minimum investment is $10,000 ...
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