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ASIC commences proceedings against DiversaBY ELIZABETH MCARTHUR | MONDAY, 11 OCT 2021 12:05PM
The regulator is taking Diversa Trustees to court over failing to maintain oversight of a now banned financial adviser.Read more: ASIC, OneVue, Diversa Trustees, Australian Dealer Group, Nizi Bhandari, Future Super, ING Super, MAP Master Super, Mason Stevens Super, OneSuper, Pacific Infrastructure Partners, Sargon
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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