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Showing 101 - 110 of 6369 results for %22News%22

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... the majority of this year's top stories, while some of the industry's mergers and acquisitions also made for big news. Following that, the departure of long-serving names peaked audience attention and snuck into the top 10. As the nation steps ...

ASIC abandons $500k SMSF threshold

ANDREW MCKEAN  |  FRIDAY, 9 DEC 2022
... higher, and net returns lower, for lower balance funds. SMSF Association deputy chief executive Peter Burgess welcomed the news, he said: "It's a significant breakthrough for our sector to have that $500,000 threshold removed." Earlier this year, the ...

Super funds complete mergers

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... position of strength means members will continue to benefit from being part of a leading superannuation fund." In other merger news, UniSuper and Australian Catholic Superannuation have completed a successor fund transfer, more than 80,000 Australian ...

BlockFi files for bankruptcy, crypto contagion worsens

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
... operations during the restructuring process. Last week, BlockFi wrote to its clients that it was "shocked" and "dismayed" by the news regarding FTX and Alameda, as a result, it said it couldn't operate business as usual.

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... becoming more common in regulated entities and vary in scope, scale and the businesses impacted," he explained. "The tough news is that research shows that 70% of risk transformations fail." Bingham cited a report that said failure could be attributed ...

No big surprises, Levy promises

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
Fronting the FPA Professionals Congress, Quality of Advice Review chair Michelle Levy confirmed there will be no big surprises in her final proposals, due December 16. Appearing alongside FPA chief executive Sarah Abood, Levy explained she has been ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... practices across its portfolios for sustainable, long-term value creation that helps its clients meet their investing needs." News of the settlement came just hours after the US Department of Labor allowed US-based retirement plans to consider climate ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
... points out. "They have got long leases and have very few significant competitors." But property wasn't the only good news. Coming out of Covid, it made sense to increase equity exposure at the expense of fixed-income securities. Miller held that ...

Janus Henderson announces board changes

CHLOE WALKER  |  WEDNESDAY, 16 NOV 2022
... clients define and achieve their desired investment outcomes with delivering significant long-term shareholder value." In other news, and on the investment front, Janus Henderson believes that Australia is lagging behind as its commodity cycle rolls ...

Schroders hires from MLC

CHLOE WALKER  |  MONDAY, 14 NOV 2022
... fixed income and multi-asset. "We are thrilled to welcome someone of Colin's calibre and disposition into our team." The news comes after Macken's predecessor, Kerrie Howard, retired as Schroders head of institutional sales in September.