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Showing 1471 - 1480 of 11096 results for "Members"

Scarcity buys stake in asset manager

KARREN VERGARA  |  MONDAY, 5 FEB 2024
... firms to build investment portfolios, specifically separately managed accounts (SMA). Founded in 2018, it now has 24 staff members based in Sydney, Melbourne, Brisbane, and New York. Evidentia founder and chief executive Peter Smith said: "Scarcity Partners ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... Authority about extreme processing delays for death benefit claims, among other issues, leading to additional distress for members' families," she said. While not commenting specifically on investigations underway, Court flagged that ASIC is undertaking ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales Group, US-based Honeywell International ...

Equity Trustees adds more super fund clients

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... acquisition of Guild by Future Group. The Clearview Retirement Plan was established in 1987 and is home to about 12,500 members. As at June 2023, it had about $2 billion in funds under management. Its trustee was ClearView Life Nominees. Meantime, Guild ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... they're just sweetheart deals," Bragg said. Moreover, Bragg highlighted that irrespective of the returns generated for members, support for employer groups by industry funds demands scrutiny, due to a chronic lack of transparency.

Hyperion leads as top Australian shares fund manager: Mercer

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... a team of education specialists focused on improving member engagement and better retirement outcomes for Mercer Super members. Mercer also appointed Andrew Howse, previously the head of corporate benefits at Gallagher, to the new position of client ...

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... prospect of smoother regulations and an expectation by the government that super funds will open up advice offerings to members, you would expect an explosion of new digital advice offerings in 2024/25." Elsewhere, once small fintech players have now ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
A US court and the Securities and Exchange Commission (SEC) have slapped charges on three individuals that include an Australian citizen for allegedly perpetrating a fraudulent cryptocurrency scheme known as HyperFund, raising $2.6 billion (US$1.7bn). ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... second-largest superannuation fund, developing member strategy, delivering advice and looking after guidance and education for members. Meantime, ART has confirmed that Helen Crossan will be taking over from Rix starting today. Crossan has been at BT ...

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... five-year term in October last year. The government also appointed Nicola Wakefield Evans and Rosemary Vilgan as part-time members of the Future Fund board. "These two new member appointments will increase the representation of women on the Future Fund ...