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Showing 1 - 10 of 84 results for "US time"

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
The Federal Court determined Vanguard misled investors via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable ...

Colonial First State enhances FirstChoice with Elemnta

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
Colonial First State (CFS) rolled out a major enhancement to FirstChoice, reducing set-up time for new and existing accounts by up to 80%. CFS has worked with Elemnta to allow advisers to use existing client data via an integration with Xplan, reducing ...

Active funds outperform passive strategies - sometimes

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Morningstar has revealed that in sectors such as Australia mid/small blend and local large value equities, active funds demonstrate superiority, while passive funds remain dominant in markets with representative indexes. According to the research house's ...

ASIC questioned over workplace culture

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
ASIC has been asked if its culture is toxic following the Treasury investigation into deputy chair Karen Chester. At a hearing this morning, a letter written by Secretary Treasurer Kennedy to ASIC chair Joe Longo regarding Chester's conduct was ...

Trustees must improve IDR processes: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 9 DEC 2022
Superannuation trustees have a lot of work to do when it comes to complaints handling, ASIC says. A new report from the regulator has found some superannuation trustees have sub-standard arrangements for managing complaints. The finding is based on ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... economies, is that the Reserve Bank of Australia (RBA) has a greater capacity to keep rates lower for longer. "This buys us time to fix some of the issues that risk household financial distress," Saxena said. "In my view, the main risk to the Australian ...

Aura Group launches multi-asset solution

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2022
A new fund from Aura Group will give wholesale investors an institutional framework for multi-asset investment portfolios. The Aura Multi-Asset Fund has been seeded by the Aura's principals and aims to minimise the risk of substantial negative performance ...

Government to boost paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
The federal government plans to extend the Commonwealth paid parental leave scheme to six months come 2026. Over the weekend, prime minister Anthony Albanese said the government's October 25 Budget will introduce reforms to improve the systems' flexibility ...

JANA names Georgina Dudley new chief executive

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
JANA has promoted Georgina Dudley to chief executive following Jim Lamborn's decision to step back from the position. Dudley, who is currently general manager of strategy and innovation, will step into the new role in December. She has been with ...

De Gori to leave FPA

JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
Financial Planning Association of Australia chief executive Dante De Gori will step down at the end of the year. De Gori, who has served as chief executive since March 2016, has advised the FPA's board of his intention to leave. He has been with ...
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