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Showing 171 - 180 of 1212 results for "Principle"

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... said this second tranche has it reconsidering its initial support of the government's response. "We supported, in principle, the government's initial response, which suggested a cautious approach, testing the more contentious changes such as ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
In its final response to the Quality of Advice Review (QAR), the government plans to modernise the best interests duty and amend the Statement of Advice (SoA), while also granting approval for superannuation funds to provide personal advice. In its ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... share a commitment to ethical investing, with both the Verve product and the Future Super product strictly adhering to a principle of not investing in fossil fuel companies," Future Group chief executive Simon Sheikh said. "This alignment makes Verve ...

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 ...

CQS sold to Manulife Investment Management

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
Australian billionaire Michael Hintze has divested a significant portion of his multi-billion-dollar asset management firm to Canadian giant Manulife Investment Management. Under the acquisition, expected to close in early 2024, Manulife will own London-based ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... Company (ACBC), requesting Cboe Australia allow it to delist its exchange-traded bond (XTB) products. Cboe has agreed in principle to delist the XTBs products from its trading platform following a request by Equity Trustees in the wake of ACBC and the ...

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
Islamic Finance provider Hejaz has launched Australia's first Sukuk active exchange-traded fund (ETF), offering retail investors a Shariah-compliant fixed income solution. The Hejaz Sukuk Active ETF (Managed Fund) opened on the ASX today, comprising ...

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
Disgraced former PwC head of international tax Peter-John Collins has been banned from providing financial services or controlling an entity that carries on a financial services business for eight years. At the start of the year, Collins was barred ...

AMP shareholder class action settlement slashed

KARREN VERGARA  |  MONDAY, 9 OCT 2023
... Maurice Blackburn is urging AMP shareholders who have not registered to be part of the lawsuit, which reached an in-principle settlement in August, to do so by November 3. The Supreme Court of New South Wales will determine if the proposed settlement ...

ART outlines road to net zero 2050

RACHEL ALEMBAKIS  |  FRIDAY, 29 SEP 2023
... guiding principles which recognise, most importantly, Australian Retirement Trust's legal duty to our members. "A key principle of our Roadmap is that we cannot achieve a net zero greenhouse gas emissions investment portfolio by 2050 alone. We take ...