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Showing 151 - 160 of 1892 results for "Determine"

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... correctly." After January 1, ASIC will closely monitor the Financial Advisers Register and undertake a compliance program to determine if relevant providers remain authorised to provide personal advice to retail clients. From that date, AFSLs must ensure ...

Airlie calls time on Concentrated Share Fund

KARREN VERGARA  |  FRIDAY, 20 JUN 2025
Airlie Funds Management will shutter its Concentrated Share Fund next week following a review. Magellan Asset Management as responsible entity said: "Given the Fund's small size, which impacts the expense ratio charged to unitholders in the fund ...

Australia progresses climate transition disclosures, planning

KARREN VERGARA  |  FRIDAY, 20 JUN 2025
Australia is showing progress with disclosing and adopting its clean energy transition initiatives as investors' demand for credible emissions reduction strategies grows, a study from MSCI shows. Among listed Australian companies analysed in the APAC ...

Future Fund cleared to manage select asset classes in-house

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
... returns for individual investments, or change its approach to portfolio design. "It is entirely a matter for the board to determine whether we invest in these areas of national priority and on what terms," he said. But he noted that these national priorities ...

ASX offloads interest in Digital Asset

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
The Australian Securities Exchange (ASX) has sold its shareholding in Digital Asset Holdings, the firm it partnered with in 2016 to build the doomed CHESS replacement. The sale price is approximately $57 million, with a pre-tax gain of about $42 million ...

ASIC sues Australian Unity for TMD failure

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... identifying the class of suitable investors for the fund. Australian Unity gave prospective investors a questionnaire to determine whether a potential non-advised investor was within the fund's defined target market. For the first half of the relevant ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
... why the issue is not material and how it is appropriately managed. They must then also conduct a breach assessment to determine whether it also constitutes a breach of CPS 234. Finally, all funds must advise APRA of their accountable person(s) under ...

Top companies, chief executives ranked by fund managers

ANDREW MCKEAN  |  WEDNESDAY, 4 JUN 2025
... chief executives. The survey gathered feedback from over 250 investors, fund managers, and analysts from 139 firms. To determine the "most honoured company," organisations were assessed on their scores across categories: chief executive, chief financial ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
The National Minimum Wage and all modern award minimum wage rates will increase by 3.5% on July 1. The minimum wage is currently $24.10 an hour and, following the Fair Work Commission's decision today, will rise to $24.95 an hour. This equates to a ...

UK treasury provides guidance on local pension consolidation

MATT TOLEDO  |  FRIDAY, 30 MAY 2025
In the UK, there are 86 local government pension schemes (LGPS) and more than a dozen multi-employer defined contribution pension funds that collectively manage $822 billion (£392bn) in assets. The ruling Labour Party's Treasury wants to consolidate ...