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Showing 2191 - 2200 of 5520 results for "Class"

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
Westpac is facing a new class action over issues connected to the bank's monitoring of financial crime and the recent AUSTRAC scandal. Rosen Law, a US based international investor rights law firm, filed the class action on behalf of purchasers of ...

Amish community scammed

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
An alleged fraudulent investment scheme has targeted the Amish community in the US, with the Securities and Exchange Commission now bringing charges. The SEC's complaint alleges Philip Riehl provided accounting services to Amish and Mennonite communities ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... The changes will see the removal of five of its seven existing funds and one of its trustees. AMP is currently defending a class action brought by Maurice Blackburn that alleges two million superannuation accounts were impacted by trustee failures.

SSGA to scrutinise ASX 100 directors

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... was also deliberate, he added. "We are starting with the top companies because we expect those companies to have best in class ESG performance and oversight," Colton said. "It also maximises our impact." The investment manager shared a framework to remove ...

Millennials not attracted to property

ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
Low return expectations may be impacting first home purchases among younger Aussies, with investors turning towards equities and bonds to reap stronger returns. That's according to the latest analysis from Fidelity, which compared real (inflation-adjusted) ...

Future Fund returns 14.3% for the year

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
Australia's $168 billion sovereign wealth fund returned 14.3% last year, while warning that future returns will be lower. Future Fund left its allocations largely unchanged during the year, only taking away marginally from most asset classes to ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
With the death toll surpassing 132 and a further 6000 people suspected of being infected, the outbreak of the Wuhan coronavirus has left markets tumbling as fears of an epidemic are stoked by news of the virus spreading around the world. It's caused ...

SMSF platform makes $25m acquisition

ALLY SELBY  |  TUESDAY, 28 JAN 2020
... technology platform has dropped $25 million on its first acquisition, in a bid to reinforce its position as a technology leader. Class will acquire all of the shares in corporate compliance and documentation platform NowInfinity by 1 February 2020, with ...

GQG Partners hires insto director

ELIZA BAVIN  |  TUESDAY, 28 JAN 2020
... institutional market. "Jeremy's appointment is critical in ensuring we build on this support and deliver to our clients a first class service experience," Abernethy said. Crowley said: "GQG Partners is one of the fastest growing, truly active investment ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... about 18,000 SMSFs encouraging them to review their investment strategy where they had a high exposure to a single asset class, especially geared property," he said. "We have encouraged the ATO to be clear in its communication to ensure that all trustees ...