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Showing 161 - 170 of 1611 results for "Ground"

Zurich cleared by Federal Court in life insurance dispute

ANDREW MCKEAN  |  MONDAY, 8 JAN 2024
Zurich Australia has been cleared of breaching its duty of utmost good faith by the Federal Court, in a case connected to OnePath Life's avoidance of an income protection policy. The case marks ASIC's first attempt to impose a civil penalty under s13 ...

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... for support that doesn't break the bank," he said. "This just isn't good enough - we have long needed a middle ground that is affordable and accessible. The policy paper that the government and the FCA have published today will explore how we ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
... to provide advice on behalf of superannuation funds, he said, acknowledging they may well serve as a suitable training ground for holistic advisers. "Whatever we do with super funds has to have tight governance and regulation around the scope of advice ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Treasurer Jim Chalmers has tabled a new bill in Parliament to legislate an objective of superannuation, aimed at securing a dignified retirement for more Australians. The Superannuation (Objective) Bill 2023, which was introduced to Parliament yesterday ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
BlackRock submitted a filing in Delaware to establish an iShares Ethereum Trust last week, while NASDAQ has proposed to list and trade its shares. In June, the $9 trillion asset manager similarly registered a Bitcoin trust, which was closely followed ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
Treasury's proposed three-year moratorium on private litigation related to Scope 3 reporting as part of its proposed mandatory climate-related financial disclosure package has raised fears that it would give companies the green light to greenwash. ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
The Future Fund holds stakes in over 50 Chinese companies with links to human rights abuses and national security threats, associated with the People's Liberation Army, involved in the oppression of Uyghurs in Xinjiang, and invested in sanctioned ...

Fidelity launches global long-short fund to Aussie market

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
Fidelity International has launched its long-short fund to the local market in response to client demand. The Fidelity Global Long Short Fund will be overseen by portfolio manager Dmitry Solomakhin, who is based in London. Fidelity said the fund employs ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
ASIC is making changes to its reportable situations regime, which includes extending the reporting deadline for some breaches. Licensees will now have 90 days to submit a reportable situation instead of 30 days in situations that have "underlying circumstances ...

Keppel private fund expands into Australia

CHLOE WALKER  |  FRIDAY, 13 OCT 2023
... uplifted the values of KEAF's assets in Singapore and Japan by over 40%," she said. "With Keppel's robust network on the ground, we have developed a strong deal flow pipeline of over $3 billion in education assets which we are currently exploring."