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Showing 161 - 170 of 1557 results for "Round"

Rest invests in agriculture fund

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024
... glasshouse tomato producer undertaking work expected to form the basis for a platform focused on the production of year-round produce in renewable energy powered facilities," plus a "major producer and supplier of vegetable seedlings to growers across ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
Opening up superannuation funds to more comprehensive financial advice could help solve some of the retirement income challenges Australians face, according to the Actuaries Institute. In its submission to the Retirement Phase of Superannuation consultation ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... proceedings against the trustee of AustralianSuper, alleging failures to address multiple member accounts. The regulator allege round 90,000 AustralianSuper members were affected, costing members approximately $69 million in multiple sets of fees and ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... some 81% of their strategies have outperformed the benchmark over a five-year period. The firm said in the latest reporting round, macroeconomic and geopolitical events continued to cause uncertainty in investment markets, with challenging conditions ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ...

Hyperion leads as top Australian shares fund manager: Mercer

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
In its latest investment survey, Mercer identified the Hyperion Australian Growth Fund as the leading fund manager in the Australian shares category. The fund achieved a return of 25.1% return over the year ending December 2023. Following closely was ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
... if the direction of travel is positive," she said. Ryan does not believe that companies are prepared. "I think the first round will probably be a shambles and then once employers know what is expected and they see the likely media coverage of the initiative ...

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
Qantas Super has again reduced its insurance premiums six months after it made a round of cuts. On January 1, Qantas Super premiums for income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement ...

BlackRock to cull 3% of global workforce

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... management industry, are expected to aid the firm in unearthing new sources of alpha and enhancing operational efficiency. This round of job cuts marks the third instance in the past year for BlackRock, following a cut of 500 positions last January and ...

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... about Treasury's proposal to abolish fee consent forms and Fee Disclosure Statements (FDS) in its response to the first round of reforms. Currently, advisers must produce an annual Fee Disclosure Statement (FDS), a renewal notice, and a client fee consent ...