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Showing 1361 - 1370 of 6884 results for "Act2"

The big case for big data

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
Big data should be a natural pathway for the superannuation fund industry, according to investment strategy experts. A session at the Australian Institute of Superannuation Trustees ASI Conference revealed the many benefits of data backed science and ...

Carbon transition and MBFID: Is it possible to meet both?

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
About 70% of delegates to the Australian Institute of Superannuation Trustees' ASI Conference would still acquire new fossil-fuel based assets for the purpose of transitioning them - but is it in members' best financial interests? Polled during a panel ...

A playbook for private markets

CHLOE WALKER  |  WEDNESDAY, 15 JUN 2022
A panel at the Australian Institute of Superannuation Trustees (AIST) ASI 2022 conference has discussed how unlisted assets can be an important diversification strategy for super funds, despite challenges in accessing deals. IFM executive director private ...

Defective disclosures see Avanteos Investments fined

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
The former Commonwealth Bank subsidiary will pay a penalty of $1.71 million for failing to update defects in its disclosure documents related to charging fees to super members after they'd died. This marks the first criminal prosecution for failing ...

ASIC prosecutes market manipulator

CHLOE WALKER  |  TUESDAY, 7 JUN 2022
ASIC has successfully prosecuted a'pump and dump' operator on 23 charges of manipulating listed stocks on the ASX; the first conviction of its kind for the regulator. Gabriel Govinda (known as 'Fibonarchery' online) pleaded guilty to the charges, and ...

Pendal launches new charitable investment vehicle

CHLOE WALKER  |  MONDAY, 6 JUN 2022
Pendal has teamed up with Investment Giving Australia to launch a new product in the Australian market that will allow investors to pass fund distributions on to charity. The launch of Investment Giving will offer investors the opportunity to direct ...

Former van Eyk chief executive pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
Almost eight years on from the research house's collapse, Mark Thomas has pleaded guilty to using his position within the firm to his own advantage, namely so that he could maintain control of the company. Thomas, van Eyk's former chief executive and ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
ACCC chair Gina Cass-Gottlieb has said the regulator is focused on promoting effective competition, investigating allegations of anti-competitive conduct, and protecting the interests of consumers in the financial services sector. Speaking at an AFR ...

Evolving nature of investment operations boosts salaries

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
A limited talent pool is creating supply challenges in the investment operations space and driving salary increases, according to Kaizen Recruitment. Updating on salary trends in investment operations, Kaizen Recruitment said the theme of increased ...

A mixed year for super: KPMG

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
The annual KPMG Super Insights report has called 2020 and 2021 a challenging period for the superannuation sector, the impact of which will be felt for some time to come. Over 2020/21 investment markets and the super sector rebounded from the initial ...