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Showing 1311 - 1320 of 6264 results for "DET"

Will listed infrastructure protect portfolios during market downturn?

CASSANDRA BALDINI  |  THURSDAY, 15 SEP 2022
Recently, infrastructure has proven more resilient than global equities, however, when markets take a downturn it's not certain that alone will protect portfolios. Morningstar research shows that infrastructure has not been immune from market falls ...

NZ Super shifts $25bn to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022
The NZ Super Fund has shifted about 40% of its overall portfolio to low carbon indices, in a move that will "significantly reduce" the number of listed companies the fund owns directly. The NZ$57 billion fund began to roll over its indices to the MSCI ...

Mind the managed accounts roadblocks: MLC

ANDREW MCKEAN  |  WEDNESDAY, 14 SEP 2022
In opening the Financial Standard Managed Accounts Forum, MLC head of investment consulting (managed accounts) Brent Bevan explained the greatest roadblocks that stop the creation, adoption, or rollout of managed account programs. Addressing how there ...

Stop orders placed on property funds

CHLOE WALKER  |  WEDNESDAY, 14 SEP 2022
ASIC has placed interim stop orders on made interim stop orders on two property funds after failings with their target market determinations (TMDs). The two funds were the Australian Residential Property (ARP) Fund and Private Property Trust No.20. ...

iExtend adds lead alliances role

JAMIE WILLIAMSON  |  MONDAY, 12 SEP 2022
iExtend has appointed a head of alliances, promoting one of its state distribution managers. Mark Stubbings has taken on the role, responsible for facilitating industry and association collaboration. Stubbings, who is well known in the advice industry ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
The government has advanced its commitment to establish a Compensation Scheme of Last Resort (CSLR), releasing for consultation exposure draft regulations. The CSLR will facilitate the payment of compensation of up to $150,000 to eligible consumers ...

Stock exchanges, industry pay tribute to Queen Elizabeth II

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  FRIDAY, 9 SEP 2022
Stock exchanges the world over have observed a minute's silence to honour Her Majesty Queen Elizabeth II, while several financial services organisations have also marked her passing overnight. The Royal Family announced early this morning that The ...

ABN AMRO Clearing pays $222k penalty

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
ABN AMRO Clearing Sydney has paid a penalty of $222,000 to comply with an infringement notice given by the Markets Disciplinary Panel (MDP). The MDP found that in 2021, on three occasions, ABN AMRO registered block trades on the ASX24 Market in the ...

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
The SMSF Association is urging Canberra to address legacy pensions and extend the temporary absence rule for non-residents in its first budget. In the Associations submissions, chief executive John Maroney highlighted several key measures that remain ...

Kate Farrar's top tips when merging

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
Appearing as part of a panel at this year's Conference of Major Super Funds, Brighter Super chief executive Kate Farrar explained the process her team went through in merging with Energy Super, sharing the things she thinks they got right. Brighter ...