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Showing 1021 - 1030 of 22748 results for "Funds"

ASFA publishes new service standards on claims handling

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... is a significant step forward in improving member outcomes. ASFA said the new standard was made to guide superannuation funds dealing with superannuation insurance claims, helping to ensure improved service delivery, transparency and security for fund ...

CSLR releases revised levy estimate

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... firm failures show little sign of abating. "Whilst we are disappointed at the need for a special levy, we recognise these funds provide a measure of compensation for those who have experienced lengthy and stressful financial loss," Berry said. "The CSLR ...

AMP hit with multiple court filings

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
AMP has been served two separate legal proceedings; one a fresh class action and the other from Dexus Funds Management. The class action - which has been lodged in the Federal Court of Victoria - has been filed against N.M. Superannuation Proprietary ...

Aware Super delivers double digit returns

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... preserve retirement savings for members as they progress through different life stages. "Aware Super was one of the first funds to make High Growth the default option for younger members as part of our MySuper Lifecycle approach. Our younger members ...

ASIC targets advisers, platforms, research houses in super switching scams

KARREN VERGARA  |  THURSDAY, 3 JUL 2025
... said. "Ultimately, the financial advisers are the ones that are providing the advice to people to say you should roll your funds into something like the Shield Master Fund or First Guardian Master Fund." Many investors assumed that because their investments ...

Elanor Investors courts suitors for possible takeover

JAMIE WILLIAMSON  |  WEDNESDAY, 2 JUL 2025
... governance, saying it has decided to establish a separate independent trustee and responsible entity board for its managed funds. Doing so would see the replacement of many directors on the board of Elanor Funds Management Limited, with a majority independent ...

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
... determined that the current directors remain fit and proper under SPS 520, which requires trustees of APRA-regulated super funds to assess whether individuals in responsible person positions demonstrate the competence, character, honesty, integrity ...

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
... the fund subject to some limited exceptions. Since that time, the majority of investors have been unable to access their funds. On 24 February 2025, the Federal Court made orders freezing the assets of Falcon, First Guardian and Anderson. On 9 April ...

Local assets help deliver 12% for ART

KARREN VERGARA  |  WEDNESDAY, 2 JUL 2025
... somewhat better than global equities for the year," he said. APRA's March 2025 data shows that ART allocates 27% of funds to listed Australian equities and 22% in hedged international unlisted equities. About 15% is in Australian fixed income and ...

AMP Super delivers double digit returns in FY25

MATTHEW WAI  |  WEDNESDAY, 2 JUL 2025
... Meanwhile, MySuper 1950s and 1960s saw returns of 10.1% and 11.2% respectively. Further, its range of Future Directions choice funds also performed well, with High Growth delivering the top return of 14.1% over the same period among the three options ...