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Showing 261 - 270 of 1292 results for "Request"

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... penalty has come as a result of Westpac's issuance of consumer credit insurance policies to 141 customers who did not request the product between April-July 2015. Moreover, Westpac sent a letter to each customer to assert the right to payment of insurance ...

ASIC pushes super governance improvements

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
More than 20 super fund trustees have revised their internal policies after ASIC surveillance found significant deficiencies in their conflicts management arrangements relating to investment switching. ASIC's surveillance found a lack of oversight ...

NGS closes socially responsible option

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The $14 billion industry fund, NGS Super, has made some changes to investment options - including closing its socially responsible option - and altered fees. NGS is closing its Socially Responsible Diversified option to new members from 20 April 2022. ...

Australia imposes further sanctions on Russia

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
... also be prohibited from April 25. Australia also announced additional military assistance to Ukraine this week, at the request of Ukraine President Volodymyr Zelenskyy. Australia has added $25 million worth of military support, bringing its total package ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
The investment manager has disclosed the loss of a substantial institutional mandate and, in a separate matter, seen the details of a 2018 misconduct investigation aired by the UK regulator. Overnight GAM International announced an unnamed institutional ...

Westbridge Funds buys $16.21m industrial facility

CHLOE WALKER  |  WEDNESDAY, 16 MAR 2022
... Wesfarmers. Knight Frank's Tom Iredell, who negotiated the deal, said there was more than 10 bidders in the first round of the request for offers campaign. "It's a well-presented and recently refurbished facility in a prime logistics location within ...

ASIC stands against suspicious SMSF auditing

CHLOE WALKER  |  MONDAY, 7 MAR 2022
To help protect the integrity of self-managed superannuation fund (SMSFs) audits, ASIC has accepted voluntary cancellations or imposed conditions on the registration of several SMSF auditors. These auditors were involved in reciprocal audit arrangements ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
Australian superannuation funds are dropping Russian assets in response to its invasion of Ukraine amid escalating global sanctions against Russia. Yesterday Treasurer Josh Frydenberg and Senator Jane Hume released a joint statement requesting that ...

Mine unions pressure funds over Rio

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
Mining unions are applying pressure to super funds over alleged bullying and harassment at Rio Tinto revealed in a recent report. The Western Mine Workers' Alliance (WMWA), an agreement between the Australian Workers' Union (AWU) and the Mining and ...

FPA reschedules Congress

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
... have already registered for the FPA Professionals Congress will be automatically rolled over to November, unless they request a refund.