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Showing 1051 - 1060 of 10611 results for "Set"

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
ASIC is set to extend three legislative instruments for five years, one of which relates to record keeping for financial advisers. The instruments are: Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when ...

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
CareSuper's MySuper option returned 8.54% for FY24, receiving a boost from its investment in global shares. CareSuper reported positive returns in most categories except for its direct property option, which has been negative for two consecutive ...

UK regulators propose framework for workplace pension schemes

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
... what's being measured to avoid being penalised for underperformance. "We have chosen not to propose 'red lines' or regulator-set benchmarks at this time, where herding and benchmark-hugging risks are more pronounced. We need experience of the data before ...

UK pension giant eyes Australian timber

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
Nest is establishing an evergreen timberland fund and has its sights set on opportunities in Australia. The $70 billion workplace pension fund has enlisted Campbell Global, J.P. Morgan Asset Management's timberland investment advisory company, to develop ...

Trump victory will jostle trade war, interest rates: Morningstar

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... said. Fortescue, on the other hand, will like face headwinds under a Trump administration. "With steel exports from China set to face headwinds, and the company's mines relatively high on the cost curve, Fortescue's competitive position is relatively ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
Choice products require a fairer regulatory framework as the current settings are heavily focused on default superannuation, putting advised clients with complex needs at a disadvantage, according to the Financial Services Council (FSC). A new report ...

Chief financial officer roles 'widely ambiguous': Research

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
The role of a chief financial officer is "widely ambiguous," according to new research conducted by Monash University. The research suggested that the role has a range of conflicting expectations placed upon it, relating to digital transformation, leadership ...

Brookfield expands $1bn student accommodation portfolio

MATTHEW WAI  |  TUESDAY, 6 AUG 2024
... collaboration saw the two parties acquire a PBSA development site on Grattan Street opposite the University of Melbourne, which is set to open before semester two in 2025. Since then, the joint venture has acquired two more sites in Melbourne and Brisbane ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... the remediation of members affected by the conduct dealt with by the CEU, in accordance with the commitments and timeframes set out in the undertaking. Nevertheless, APRA will continue to engage with this trustee to ensure it remains capable of delivering ...

Barings, Rest break ground on $400m investment

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... Access Logistics Park, a 20-hectare industrial site, was jointly purchased in April this year by Barings and Rest, with work set to begin today. Located within the Greater Mamre Road Precinct and the Western Sydney Employment Area (WSEA), it will be ...