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Showing 1201 - 1210 of 4056 results for "LIT"

Labor super reforms can reach further heights: Industry

DARREN SNYDER  |  WEDNESDAY, 19 SEP 2018
Superannuation industry lobby groups are welcoming Labor's election promise to address the super gender gap at retirement. They also believe more can be done. Women in Super has long advocated for several of Labor's proposed measures, including superannuation ...

Legislation lifts ASIC recruitment limitation

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
The Bill that enhances ASIC's capabilities and enables it to recruit staff outside of the Public Service Act has passed through Parliament. Under the Treasury Laws Amendment (Enhancing ASIC's Capabilities) Bill 2018, ASIC will have greater operational ...

Kell resigns from ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
ASIC deputy chair Peter Kell is resigning after seven years in the role. Treasurer Josh Frydenberg said Kell's experience and understanding of corporate regulation has been appreciated by successive governments as well as members of ASIC. Kell joined ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
Operating and investing in Australia for more than a decade, a contrarian asset manager is introducing superannuation and retirement investment solutions to the local market. White-labelling the OneVue wholesale platform, Allan Gray Australia is offering ...

Industry fund cuts property portfolio emissions

KARREN VERGARA  |  FRIDAY, 14 SEP 2018
A $46 billion industry fund is aiming to slash its property portfolio emissions to zero by 2030. Cbus chief investment officer Kristian Fok laid out a roadmap of what the fund wants to achieve at the recent Global Climate Action Summit held in San Francisco. ...

Pension funds feel the heat on climate change

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
A study of the world's 100 largest public pension funds has found more than 60% have little or no climate change strategy. This includes a number of Australian superannuation funds. A new report from the Asset Owners Disclosure Project shows 63% ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
CommInsure admitted it misled the Financial Ombudsman Service that was helping resolve a claimant's dispute by deliberately withholding medical information and delaying the process, the Royal Commission heard yesterday afternoon. Counsel assisting ...

BTFG faces possible union action

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
The Finance Sector Union is planning urgent workplace meetings and teleconferences with BT Financial Advice employees impacted by a planned restructure of BT Financial Group's advice offering. Last week BT Financial Group told Financial Standard ...

SMSF cash allocation dips

KARREN VERGARA  |  WEDNESDAY, 12 SEP 2018
... found demand for international LICs and LITs is also on the rise. Between January 2018 and June 2018, the value of LIC and LIT trades executed by SMSFs rose from 23% to 26%, CommSec said.

Pengana flags private equity LIT launch

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
Pengana Capital Group is working with a US$51 billion alternative asset manager to launch a global private equity listed investment trust next year. Pengana enlisted the help of Chicago-based Grosvenor Capital Management to select investments for the ...