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Showing 1741 - 1750 of 10701 results for "May 2012"

ASIC flags 'significant' IDR compliance issues at super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
An analysis of close to 50,000 complaints made to super funds has found some trustees are failing to adequately record and respond to member complaints. ASIC is currently undertaking surveillance of super funds' internal dispute resolution processes ...

Review of ASIC funding model begins

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
The government has commenced a review of the ASIC Industry Funding Model, issuing terms of reference. An update from Treasury said the review will be forward looking and focused on identifying refinements to the industry funding model. Treasury added ...

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
French utility company Veolia has agreed to sell its Suez's UK waste business to Macquarie Asset Management (MAM) for $3.5 billion. MAM will acquire 100% of the share capital of Suez Recycling and Recovery UK Group. Veolia has been selling off parts ...

Convicted former financial adviser banned for life

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
ASIC has permanently banned NSW-based financial adviser Ezzat-Daniel Nesseim after he was sentenced for repeatedly attempting to mislead the regulator. Nesseim is barred from performing any function involved in operating a financial services business ...

What the QAR should focus on: MLC Life

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
MLC Life Insurance has said the Quality of Advice Review (QAR) should focus on how to ensure Australians can access financial advice, regardless of their wealth. Ahead of Michelle Levy's draft report due later this month, MLC Life said it believes ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Australians are missing out on potential retirement returns by not regularly salary sacrificing, according to new research by Finder. A Finder survey has shown 86% of Australians don't top up their super fund regularly. What's more, it found only one ...

Value investing a likely winner: Maple-Brown

ANDREW MCKEAN  |  FRIDAY, 5 AUG 2022
Maple-Brown Abbott's head of Australian value equities Douglas Maple-Brown says the recent de-rating of many ASX listed companies will likely go further, favouring value investors. Maple-Brown said: "Stagflation fears and the end of easy money have ...

BlackRock shutters Russia ETF

JAMIE WILLIAMSON  |  FRIDAY, 5 AUG 2022
BlackRock has started the process of liquidating its iShares MSCI Russia ETF. The asset manager intends to commence liquidation of the ETF on August 17 by distributing its current liquid assets to shareholders while retaining a reserve to meet costs. ...

NGS Super divests oil, gas producers

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
NGS Super has divested from more than $190 million in oil and gas exploration and production companies, predominantly Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon ...

Super fund climate risk assessment results released

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
APRA has published the findings of a voluntary climate risk self-assessment survey conducted across the entities APRA regulates. Sixty-four medium to large institutions responded to the survey, which was designed to provide insights into how institutions ...