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| | | BlackRock will launch its first actively managed, income-focused ETF in Australia, iShares Credit Income Active ETF (ASX: ICME). ICME is designed to generate monthly income for investors, while aiming to deliver returns above RBA Cash Rate. The diversified ... |
| | | | Perennial Partners has acquired half of Balmoral Investors and chosen it to manage its Australian microcap strategy. Balmoral portfolio managers Wik Farwerck and Tim Canham will manage the combined funds of both asset managers, totaling more than $150 ... |
| | | | ASX has appointed a former APRA general counsel to the role of chief compliance officer, reporting to chief executive Helen Lofthouse. Lucinda McCann is succeeding Daniel Moran, who announced his resignation in July after 15 years at the exchange. McCann ... |
| | | | Wealthy families are doubling down on private investments rather than dialing back, according to the latest Principal Discussions released by JP Morgan. JP Morgan interviewed 111 billionaire principals, working with the world's wealthiest families globally ... |
| | | | TAL is collaborating with SANE, a digital mental healthcare platform for eligible super fund members dealing with mental health issues. The collaboration combines SANE's expertise and its clinical and lived experience insights, with TAL's investment ... |
| | | | As HESTA and Vision Super move to divest members' money from Israeli bonds and shares, other superannuation funds' ethical options continue to overlook human rights abuses. HESTA confirmed the move, saying that as part of its investment strategy ... |
| | | | Five financial advisers have been brought before the Financial Services and Credit Panel (FSCP) for failing to comply with their continuing professional development (CPD) requirements, ASIC said. The financial regulator convened multiple sitting panels ... |
| | | | HESTA has paid $37,560 to comply with two infringement notices issued by ASIC for misleading statements. ASIC alleged the $100 billion super fund made misleading statements in paid advertisements about its commitment to removing carbon emissions investments. ... |
| | | | Nearly two thirds of SMSFs established under the recommendations of a financial adviser are unsuitable to their needs and put retirement savings at risk, an ASIC review reveals. Of 100 financial advice files investigated, 62 failed to demonstrate compliance ... |
| | | | Superannuation funds should be more innovative in boosting member engagement by offering tangible rewards and benefits that can lead to meaningful, repeatable interactions, according to a new whitepaper. The paper published by ASX-listed customer engagement ... |
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