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Showing 191 - 200 of 2022 results for "Application"

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
UniSuper has commenced the restoration of its services, as APRA confirms it is monitoring the situation which arose when the fund's private cloud was inadvertently deleted. In a brief statement to Financial Standard, APRA said it is "aware of the ...

ASIC issues warning over scammers using fake AFSLs

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
... (as opposed to "too good to be true" scams)," ASIC said. "The scammer will ask the consumer to return a completed application form and personal identity documents. They will then ask the consumer to transfer funds into a bank account. This can appear ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
... benefit. Moreover, it can accept Superannuation Guarantee contributions within five to 15 business days of completing an application, depending on the employer's size. However, stapling rules introduced as part of the Your Future, Your Super reforms ...

AustralianSuper announces insurance changes

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
AustralianSuper will introduce a new age-based insurance cover scale for members aged 15 to 25 from June 1 this year. New age-based cover amounts will automatically start on June 1 for members younger than 25 years old because they have made certain ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... investors will endure less paperwork if ownership information has not changed since their previous foreign investment application. Treasury aims to process 50% of cases within the initial statutory timeframe of 30 days from 1 January 2025. Chalmers wants ...

Franklin Templeton to build advanced financial AI platform

ELIZA BAVIN  |  WEDNESDAY, 1 MAY 2024
Franklin Templeton announced it is working with Microsoft to build an advanced financial AI platform. The global investment manager said the partnership marked a significant step toward transforming the financial services industry. The platform will ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... which the visa is granted, nobody can apply for the visa. There's a pipeline of applicants that launched the visa application, yet they are simply sitting there unresolved," he said. SIVs (188C) are part of the Business Innovation and Investment ...

LIT delisting simplifies Forager: CIO

KARREN VERGARA  |  TUESDAY, 23 APR 2024
Forager Funds Management's chief investment officer is urging investors to vote in favour of delisting a troubled listed investment trust (LIT) in a bid to simplify the business. Chief investment officer Steve Johnson wrote to investors that if ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... Lewis. Dimon said asset managers and institutional investors should base their voting decisions on an independent application of their own voting guidelines and policies. "To the extent they use recommendations from proxy advisors in their decision-making ...

Court approves wind up of Prospero Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
The Federal Court ordered Prospero Markets to be wound up following an application by the corporate regulator. ASIC has been investigating Prospero Markets for non-compliance with its AFSL conditions and obligations as an OTC derivatives issuer. The ...