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Showing 1861 - 1870 of 21764 results for "Dec"

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
CareSuper and the Meat Industry Employees' Superannuation Fund (MIESF) are exploring the viability of a merger. The two funds have entered a Heads of Agreement and commenced a due diligence process. It comes hot on the heels of CareSuper completing ...

Lack of action on menopause driving gender inequity

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2024
One in three women are financially worse off due to menopause and it's adversely impacting their retirement prospects, according to fresh data from MetLife. MetLife surveyed 1058 women and non-binary individuals aged between 35 and 64 experiencing perimenopause ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
The Australian Securities and Investments Commission (ASIC) has filed proceedings against National Australia Bank (NAB) in the Federal Court. ASIC alleges NAB failed 345 of its customers at their most vulnerable when they applied for hardship support ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
The government is again consulting on its plans to increase disclosure requirements in relation to ownership of listed entities. Treasury has commenced a second consultation relating to its plans to implement a public beneficial ownership register ...

Chief member officer departs Rest

ELIZABETH FRY  |  FRIDAY, 15 NOV 2024
After a near decade-long career with Rest, Deborah Potts will step down from her role as chief member officer and finish up with the fund in mid-December. The $90 billion superannuation fund has started the search for her replacement. Chief executive ...

ASX files defence against ASIC proceedings

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
The ASX has provided an update on its defence against the legal proceedings filed against it by ASIC over its handling of the CHESS replacement project. The ASX filed a Concise Statement in response to the proceedings brought by ASIC in the Federal ...

Advice take up falls amid decade-low retirement confidence

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
While demand for financial advice is apparently the highest it's ever been, the number of people actually seeking it has dropped. That's according to new research from Brighter Super and Investment Trends that shows retirement confidence among Australians ...

Colonial First State offers aged care solution

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
Colonial First State (CFS) has partnered with Care and Living with Mercer to help CFS members access aged care information to assist in selecting suitable care options. The guidance and advice service will be available as a discounted member benefit ...

Macquarie offloads airports in $3bn deal

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
Macquarie Asset Management, via Macquarie European Infrastructure Fund 4, and Ferrovial have reached an agreement to sell AGS Airports to AviAlliance. The terms of the transaction represent an enterprise value for the business of around $3 billion (£1.53 ...

UK to follow Australia's lead in creating megafunds

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
In what's considered the most significant reforms to the UK retirement sector in decades, the defined contribution schemes of 86 administering authorities will be consolidated and their assets pooled to create megafunds. The UK government plans to introduce ...