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Showing 121 - 130 of 1924 results for %22Investments Commission%22

Myer Foundation partners with Mercer

ELIZABETH MCARTHUR  |  MONDAY, 30 NOV 2020
The Myer Foundation will rapidly transition to 100% sustainable investments through a partnership with Mercer. Mercer was first commissioned in March this year to help implement a substantial portfolio restructure as part of the Myer Foundation's goal ...

AIA under fire for coal holdings

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
... the life insurer has invested at least $3 billion and most likely about $6 billion in the coal sector. It claims the investments include bonds and equities of coal power utilities as well as loans for specific coal projects. The campaign points our AIA ...

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
The Australian Securities and Investments Commission (ASIC) has commenced legal proceedings in the Federal Court against a Gold Coast-based SMSF accountant for failing to comply with an enforceable undertaking. Jenan Oslem Thorne, otherwise known as ...

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
The Australian Securities and Investments Commission (ASIC) is calling on financial advisers to provide feedback to its consultation paper on affordable scaled advice. As previously announced last month, ASIC's latest consultation paper, Promoting access ...

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
... dashboards and comparison requirements. Finally, AIST said assessment benchmarks should accurately reflect the underlying investments of each fund. "Inappropriate benchmarking risks driving behaviour to track the benchmark allocations which in turn would ...

MLC Super overhauls fees

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... Pre Select Fund. Also on this date, commissions ceased in group insurance arrangements in MLC Wrap Super, MLC Wrap Investments, MLC Wrap Super Series 2 and MLC Wrap Investments Series 2. On November 2, MLC MasterKey Investment Service administration ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... of this is that a much higher percentage of the Australian share market will become passive." Rice Warner believes investments will be brought in-house as funds seek to reduce costs and the allocation to higher-performing unlisted assets will be reduced. ...

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
... winding up of two unlicensed financial services businesses, upon referral from the Australian Securities and Investments Commission (ASIC). The Federal Court has made orders to restrain Matthew Alan Beresford from continuing a financial services business ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
An investigation by the Australian Securities and Investments Commission has culminated in an arrest over a suspected investment scam. The 42-year-old Melbourne man was arrested following a joint investigation by ASIC and Victoria Police E-Crime Squad ...

ASIC reviewing risk advice, pushes for scaled advice

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
The Australian Securities and Investments Commission is conducting a review of life insurance advice and plans to consult with the industry on scaled advice this year. Speaking at the Association of Financial Advisers Conference, ASIC senior executive ...