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Showing 11 - 20 of 178 results for "CSL"

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
The long-awaited Compensation Scheme of Last Resort (CSLR) has been enshrined in legislation, with consumer advocates calling it a "historic moment" for Australians. Passing the senate on June 22, the Treasury Laws Amendment (Financial Services Compensation ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... fund ESG options on average have "sharply reduced" exposure to BHP, Woodside Energy and Transurban while being overweight CSL, Telstra and ResMed, according to Rainmaker Information. Rainmaker Information has released its most recent Rainmaker Benchmarking ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... over the last three months the top buys for Baby Boomers were CBA followed by NHC and WDS, whereas over the past year, it was CSL, NEU and CBA. Top sales for this cohort in the last three months were FMG, CSL and TSL and in the past year ANZ, BHP, and ...

Global X launches new Australian equity ETF

CHLOE WALKER  |  THURSDAY, 13 APR 2023
... companies and sectors, including healthcare, telecommunications, consumer staples, and infrastructure. Top holdings include CSL, Transurban and Woolworths. Global X head of investment strategy Blair Hannon said the ETF can be used as a core Australian ...

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
Assistant treasurer Stephen Jones flagged he will prioritise the passage of the Compensation Scheme of Last Resort (CSLR) laws in a bid to strengthen consumer protections. "Right now, there are around 2000 cases on hold with the Australian Financial ...

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
The Financial Planning Association of Australia (FPA) has voiced concerns over the proposed Compensation Scheme of Last Resort (CSLR) and Financial Accountability Regime (FAR) legislation. While acknowledging the positive impact of an effective CSLR ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
Treasury is commencing its review of the regulatory framework underpinning managed investment schemes (MIS), targeted at identifying gaps and possible areas for improvement. The review was announced as part of the Albanese government's first federal ...

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
The Financial Accountability Regime and Compensation Scheme of Last Resort have been introduced to Parliament by Assistant Treasurer Stephen Jones. The Financial Accountability Regime (FAR) Bill 2023 aims to promote accountability and responsible behaviour ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... the IE portfolio held in their top 50 stocks was 31% for the women-led products vs 27% for the other MySuper products." BHP, CSL, Commonwealth Bank, NAB and Transurban Group are the most favoured local stocks among women-led funds, while the favourites ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
The number of Dixon Advisory and Superannuation Services complainants continues to grow as more former clients have come forward to the financial complaints body for potential compensation. The number of complainants has grown by about 100 to 1700 as ...