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Showing 2041 - 2050 of 10705 results for "May 2011"

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
"...participants generally assessed that, provided that the economic recovery remained broadly on track, a gradual tapering process that concluded around the middle of next year would likely be appropriate. Participants noted that if a decision to begin ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information. The Senate Committee report released this week on disclosure ...

Ellerston to shutter Morphic ESG fund

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management. Investors were notified in December last year that an assessment of the fund's viability would take place this ...

Super system "frayed": Hume

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Minister for financial services Jane Hume said that the superannuation system in Australia has frayed edges in need of repairs, during a speech at the World Pension Summit 2021. "And while it's a system that wears three decades of alternations and add-ons ...

ASIC extends SoA relief measure

KARREN VERGARA  |  THURSDAY, 14 OCT 2021
Corporate regulator ASIC is extending the temporary Statement of Advice relief measure until 15 April 2022. This marks the second time that ASIC has extended the relief measure, which enables advisers to replace SoAs with Records of Advice for existing ...

ASIC calls for stronger whistleblowing policies

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
The corporate regulator has written to the chief executives of large public companies, large private companies and the trustees of superannuation funds to ensure their whistleblowing policies are compliant. The letter comes after ASIC reviewed a sample ...

Active Super revamps digital experience

JAMIE WILLIAMSON  |  WEDNESDAY, 13 OCT 2021
Active Super has launched a new multi-channel member experience in partnership with Link Group, including a mobile app and revitalised online offering. To make it easier for members to manage their superannuation, Active Super streamlined the design ...

Gender equality perception differs

ANNABELLE DICKSON  |  WEDNESDAY, 13 OCT 2021
The lived experience of men and women in financial services vastly differs as the gap is widening between organisations saying they are working to promote gender equality and those putting it into practice, new research shows. FINSIA's sixth biennial ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
The Financial Services Council (FSC) is introducing an enforceable standard that will prohibit the use of exclusions and restrictive disability definitions in default group life insurance for those who are in high-risk occupations. The standard will ...

CBA to detect abusive banking behaviour

ANNABELLE DICKSON  |  MONDAY, 11 OCT 2021
Commonwealth Bank is implementing artificial intelligence (AI) technology along with machine learning to detect abusive behaviour reflected in transaction descriptions within its banking services. Developed in CBA's AI Labs, the technology will be used ...