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Showing 2601 - 2610 of 6884 results for "Act2"

Industry super fund headcounts to swell

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
Investment professionals based in Melbourne should have no trouble finding job opportunities with industry superannuation funds over the next 12 months, according to recruitment experts. According to Kaizen Recruitment, the current job climate remains ...

Adviser cops 262 month jail sentence

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
A financial adviser in the US will spend the next 22 years in prison after he defrauded his own family out of millions. Treyton Lee Thomas has been sentenced to 262 months in prison for wire fraud and 60 months for tax evasion to run concurrently, as ...

Values trump value for retail investors

HARRISON WORLEY  |  THURSDAY, 5 SEP 2019
Values are driving the decision-making of Australian retail investors, according to KPMG. Latest findings from the global consultancy's research arm KPMG Acuity show Australian retail investors are more concerned about values than perhaps was previously ...

Who foots the bill when super funds merge?

KANIKA SOOD  |  WEDNESDAY, 4 SEP 2019
Who pays the costs of a merger, REST chair Ken Marshman asked panelists involved in superannuation mergers at the Australian Superannuation Investment Conference yesterday. The panel discussed how mergers will impact the investment strategy of superannuation ...

Discounted LIC fund opens to all

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
Affluence Funds Management has opened its LIC fund, which has until now only been open to high net worth sector, to all investors. The fund is now available to all investors in Australia and New Zealand, allowing more people to invest in a suite of ...

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
APRA says its new enforcement approach goes beyond taking stronger action earlier, clarifying when and how it will publicise the actions it takes. Outlining how it will increase transparency and take stronger action against misbehaving institutions ...

Advice firm defrauds retired NFL players

JAMIE WILLIAMSON  |  TUESDAY, 3 SEP 2019
The US regulator has charged a financial advice firm that defrauded former professional NFL players who had joined a class action against the league seeking compensation for brain injuries suffered during their careers. Tallahassee-based Cambridge Capital ...

First carbon neutral super fund named

KRISTI CHENG  |  TUESDAY, 3 SEP 2019
The Federal Department of Environment and Energy has certified a $50 billion superannuation fund as Australia's first carbon neutral fund. HESTA is the first super fund to be certified carbon neutral for emissions produced from its operations. Chief ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
The prudential regulator confirmed a "traffic light" system aimed at weeding out underperforming superannuation funds is currently in the works. Deputy chair Helen Rowell flagged APRA is developing a heat map based on four key areas -investment returns ...

AMP hires head of whistleblowing

ELIZABETH MCARTHUR  |  MONDAY, 2 SEP 2019
AMP has appointed a group whistleblowing officer as it pumps $100 million into its governance, risk and controls. Anne-Marie Paterson steps into the role, joining AMP from Commonwealth Bank where she was the executive manager and whistleblower investigation ...