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Showing 1081 - 1090 of 4159 results for "April"

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... account for approximately 80% of Santos' carbon footprint," ACCR director of climate and environment Dan Gocher said. "In April, more than 40% of Santos' shareholders called on the company to set Paris-aligned targets across its entire value ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... to its default and lifecycle products, which includes slashing administration fees and simplifying fee structures. From 1 April 2021, Mercer Super Trust will drop two sets of headline admin fees. MySuper members in Mercer SmartPath will see admin fees ...

HSBC wealth lead lands chief executive role

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... Credit Suisse group, replacing Urs Rohner who will step down in 2021. The board will vote on the proposed appointment on 30 April 2021. Nunn has been leading HSBC's wealth and personal banking for less than a year. He joined HSBC in 2011 as global ...

ERS costs big super funds

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... initial hit as airlines were forced to stay grounded as borders closed, has paid over $121 million. Since the scheme opened in April payments made to eligible members have taken an average of 3.3 business days after receipt by funds of the application ...

SMSF fraudster sentenced

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
... imprisonment with a non-parole period of two years on six counts of fraud involving $345,000. Gore was initially arrested on 14 April 2017 after being charged with fraud relating to obtaining funds from self-managed superannuation fund (SMSF) investors ...

ClearView streamlines underwriting

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... Prudential Thailand, Generali Indonesia, Hong Leong Malaysia and FT Life Hong Kong. US technology firm Omniscience announced in April that it has developed an underwriting function that accelerates life insurance decisions one thousand times or more. ...

Super sneaks back to $3tn in assets

ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... billion, including approximately $34 billion paid under the early release of super scheme (ERS) which came into effect on 20 April 2020. SMSFs also lost out in the September quarter with assets falling 4% compared to last year, coming in at $728.2 billion ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... retirees with those receiving advice. Among the unadvised cohort, 7.7% switched investment options between February and April 2020 (during the market volatility sparked by COVID-19) and on average they moved 84% of their account balance. Only 1.8% of ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... with their legal obligations." "ASIC will take action to hold gatekeepers to account." In total, between 20 May 2016 to 30 April 2018, $16,749,974 was raised from retail investors pursuant to the defective PDSs. ASIC said its investigation into conduct ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... the traditional investment bond space. It will commence its bookbuild in December and will launch to retail investors in April 2021. The Generation Life Market Linked Annuity is due to launch at the end of FY2021 and aims to provide retirees with income ...