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Showing 261 - 270 of 2103 results for "This Week"

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... recommended the Future Fund be exempt from disclosing commercially sensitive information. The Senate Committee report released this week on disclosure obligations for the sovereign wealth fund recommends it be exempt from disclosing asset prices so as ...

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... insurance in MySuper and choice products. It comes as consultation on a review of occupational exclusions is due to wrap up this week, with the government looking to find solutions to problems that arise from occupational exclusions in MySuper products. ...

Mainstream shareholders vote in favour of Apex

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
... will cease trading on the same day. The scheme will be implemented on October 27. At the scheme meeting held earlier this week, Mainstream chair Byram Johnston said the board unanimously recommended shareholders vote in favour of the scheme. "At the ...

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
The House of Representatives committee looking into common ownership of ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison. Yesterday, Australian Council of Superannuation Investors (ACSI) ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... will not change their allocations at all, while almost an equal number will change their investment mix significantly. This week, APRA's inaugural performance test named and shamed the worst-performing superannuation funds. The MySuper products of ...

APRA issues guidance on lifecycle products for performance test

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... transition to a new option. The regulator has the power to make determinations on combining returns in such situations. This week it issued principles that will guide its determinations. It will watch product "phoenixing" where a trustee closes a (potentially ...

HESTA hires technology strategist

KARREN VERGARA  |  TUESDAY, 17 AUG 2021
... technology and transformation expert has joined the $64 billion superannuation fund as it ramps up its digital offering. This week, Peter Lawrence joined HESTA as senior technology and digital strategist. Lawrence has worked across the public and private ...

Vanguard incentivises staff to get the jab

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
... such a measure. We continuously assess measures we have in place in relation to vaccinations," the spokesperson said. This week, Westpac announced that it launched a pilot program to help its employees and their households in eight Sydney Local Government ...

Shadforth appoints Queensland head

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
... offset by $0.4 billion of flows from new self-employed advisers joining the licensees as well as organic inflows. Earlier this week, the Federal Court found that RI Advice Group failed to provide rigorous oversight of a former financial adviser, resulting ...

GigSuper eyes $1.5m raise

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years. GigSuper this week opened a crowd-funded raise for $1.5 million based on pre-money valuation of $8.1 million. It follows a similar but much ...