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Showing 171 - 180 of 1231 results for "True"

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... any given time, he said. Meanwhile, IFPA head of superannuation and financial services Natasha Panagis suggested that the true purpose of super can be found in the existing sole purpose test. "The core objective of superannuation is better captured by ...

Diverse investment teams fare better: WTW

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAR 2023
... policies and initiatives, given increased resourcing and often larger talent pools," the research states. "While this may be true in some aspects, we have tested whether this translates into greater diversity overall - our data suggests not yet. We find ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... Muslims who wanted a simple and easy-to-use way to grow their wealth via professional portfolio management while staying true to their values. "At the moment those with smaller lump sums are shut out from investing in Islamic compliant portfolios. And ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... greenwashing. If financial products make sustainable investment claims to investors and potential investors, they need to reflect the true position. If investments in certain industries like fossil fuels are said to be excluded, this promise must be ...

SEC fines Mormon Church investment arm

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... US corporate regulator has slapped a large fine on the Mormon Church after finding that its investment arm obfuscated the true financial value of its portfolio that ballooned to as much as US$32 billion ($46.7bn). Ensign Peak Advisers, the investment ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... Australians as possible. "Legislating super's objective will change that because for the first time we'll have a true north - a shared goal that we can work towards together." Chalmers added that the new objective doesn't preclude super funds ...

JANA awarded mandate by NFP

CHLOE WALKER  |  MONDAY, 20 FEB 2023
... investing, especially in NZ as organisations pursue their Te Tiriti, net-zero, and unique ESG commitments. "This rings even more true for NFP organisations whose strategies need to centre and align deeply to their purpose and mission while still generating ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
... statutory best interest duty obligations will not pertain to non-relevant providers. "The new best interests' duty would be a true fiduciary duty that reflects the general law and will not include a safe harbour. This duty will apply only to financial ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
True to her word, Quality of Advice Review chair Michelle Levy's final report contains few surprises, however her recommendations include the introduction of both a Good Advice Duty and a Statutory Best Interests Duty. The 267-page final report ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... "Optimistic that we can find a place for real people and real communities in an unfolding story of national economic success, true to our values, and in ways which strengthen our society and strengthen our democracy as well," he said. "In this defining ...