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Showing 1611 - 1620 of 14064 results for "State"

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
... following the latter's trustee, Avanteos Investments, announcing the fund's closure. In a parallel development, Colonial First State Investments is also stepping down as the operator of encircle's managed investment accounts. Earlier this month, encircle ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
The Consumer Price Index (CPI) has softened to 6%, however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... primarily from the Victorian public health sector - who will have confidence in their retirement income and the Victorian state government and more than 100 employers whose uncertainty around future funding requirements will be alleviated." Meantime ...

Tax miners, major corporates to tackle housing shortage: CFMEU

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2023
... provide a fair return to the use of public resources, saying that in the case of mining companies, minerals are owned by the state and their extraction represents the value of public property that is being transferred to private ownership - "the community ...

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
US and UK regulators have imposed fines of $575 million (US$388 million) on the bank for risk management and governance failures related to the collapse of Archegos Capital Management. The US Federal Reserve has issued Credit Suisse a $394.84 million ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
ASIC is taking Vanguard to court over greenwashing allegations relating to a global bond index fund. This is the second time the market regulator has acted against Vanguard over greenwashing. ASIC has lodged civil penalty proceedings in federal court ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... executive Deanne Stewart noted the move, initially driven by the need to consolidate operations post the mergers with First State Super, VicSuper, WA Super, and State Plus, has positioned the $160 billion fund at the forefront of digital engagement within ...

FICAP 2023: Countdown is on

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
... platinum sponsors BlackRock, Challenger, and Ironbark, as well as gold sponsors, Australian Unity, AZ NGA, BT, Colonial First State, EFEX, Global X ETFs, HUB24, KPMG, Magellan, Montgomery Investments, NMG Consulting, Pendal, PIMCO, Profusion Group, Schroders ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
The prudential regulator is reinforcing the importance of superannuation funds to conduct more rigorous and frequent stress testing amid the fracas over valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance ...

Schroders hires AMP operative

ELIZABETH FRY  |  FRIDAY, 21 JUL 2023
... as manager of diversified funds at AMP Capital. Previously, he worked at van Eyk Research, IOOF Investment Management and State Street Global Advisors. Morcos said Wu's experience across investment management and his knowledge of fixed income and ...