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Showing 2331 - 2340 of 10705 results for "May 2012"

AustralianSuper subverts stapling logic

KARREN VERGARA  |  FRIDAY, 9 APR 2021
Australia's largest superannuation fund is taking issue with the proposed stapling regulations, arguing that the model is backwards and will not protect members from being stuck in dud funds. AustralianSuper chief executive Ian Silk shot down media ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
The chief executive of the UK's Pensions Regulator believes climate change will be more catastrophic to populations' way of life than the COVID-19 pandemic if no action is taken. The comments came as The Pensions Regulator chief executive Charles ...

S&P rejigs index as BlackRock ETF grows

KANIKA SOOD  |  THURSDAY, 8 APR 2021
The swelling size of a BlackRock ETF that invests in clean energy stocks has forced S&P to expand the underlying index from 30 stocks to 100. But an Aussie ETF tracking the index doesn't want to change. Index giant S&P's Global Clean Energy Index launched ...

Mercer calls for delay to super reforms

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
Appearing before the Senate Economics Legislation Committee this morning, Mercer implored the government to consider a delay to the implementation of the super fund stapling mechanism slated to come into effect from July 1. In opening, Mercer senior ...

QMV partnerships lead resigns

KARREN VERGARA  |  THURSDAY, 8 APR 2021
The national manager of strategic partnerships at QMV has left after five years with the Melbourne-based financial services consulting firm. Michael Wilcox joined QMV in May 2016, taking on responsibilities for promoting independent advice, delivery ...

Hostplus wins mandate

KANIKA SOOD  |  TUESDAY, 6 APR 2021
Hostplus has been chosen as successor fund for about $210 million of member assets from AUSfund, as the latter closes its doors after 33 years. AUSfund, which was set up as a fund for unclaimed or dormant superannuation funds, is owned by an Industry ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... the 10th consecutive month of above-50 reading in the index - indicating expansion - after contracting in April (41.6) and May (45.4) last year. Wait, there's more! The Services PMI report showed not one, not two, but all of the 18 services industries ...

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Tasplan and MTAA Super's $23 billion merged fund, Spirit Super, has reduced the weekly administration fees for members by 13.4%. Effective today, the administration fees are reducing from $1.50 per week to $1.30 per week. The merged fund has also ...

Rice Warner acquired by Deloitte

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Actuarial firm Rice Warner has been acquired by Deloitte. Rice Warner's chief executive Andrew Boal, head of superannuation Stephen Freeborn, and executive general manager of insurance Jennifer Baxter will become Deloitte consulting partners. Michael ...

ASIC cracks down on binary options

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
ASIC has banned the sale of binary options to retail clients, effective from 3 May 2021. The decision comes after ASIC found that binary options have resulted in significant losses for retail clients. In 2018, ASIC estimated that net losses from retail ...