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Showing 1521 - 1530 of 17569 results for "Report"

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
... it wouldn't invest in companies deriving more than 10% of their revenue from gambling. Conflictingly, in its Impact Report, which is meant to show how the super fund's investments make a difference, it said gambling investments were off-limits. ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
As the number of business insolvencies spike, workers will soon be able to claim unpaid superannuation owed to them by defunct employers under the Fair Entitlements Guarantee (FEG) Recovery Program. From 1 July 2024, staff who worked for employers that ...

QIC adds to streak of venture capital investments

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
Queensland Investment Corporation (QIC) has agreed to become a cornerstone investor in early and growth-stage fund Sprint Ventures, while also investing in biotech venture capital firm Brandon Capital. Yesterday, Financial Standard reported that QIC's ...

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... nine out of 10 financial advisers continue to recommend them to clients, a new study shows. The 2024 Trends in Investing report reveals that more than 60% of advisers will up clients' allocations to ETFs over the next 12 months. The 208 US-based ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
... Regulation Authority (APRA) has fined Equity Trustees Superannuation $782,500 for failing to meet its legal obligations to report data to APRA. EQT breached the requirements of the Financial Sector (Collection of Data) Act 2001 (FSCODA) by failing to ...

Emissions data demand drives tech growth

ROSE MARY PETRASS  |  TUESDAY, 4 JUN 2024
An Aussie start-up has become the world's largest private markets emissions data network with US$3.5 trillion in assets under management. Founded in 2020, Pathzero now has initial emissions data for more than US$3.5 trillion of the US$13.1 trillion ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
More than a year on from a Treasury consultation on giving victims of child sexual abuse access to their abuser's superannuation for compensation purposes, little headway has been made. At the same time, experts say the government's proposals ...

HESTA pushes for expediated advice reforms

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
HESTA has reported a "real shift" in how its members want to engage with their superannuation, leading it to urge the government to release tranche two of the Quality of Advice Review reforms. The $89 billion industry fund noted a strong demand for ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
The Australian Securities and Investments Commission (ASIC) released new research which sheds light on the financial hardship faced by Australians. The research found that 47% of Australian adults with debt, the equivalent of 5.8 million people, have ...

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... mandates were allocated by super funds at the end of 2023 across all asset classes, Rainmaker's latest Mandate Chaser report shows. This is significantly down from the 340 total mandates that were awarded at the end of March 2022, as super funds ...