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Showing 11 - 20 of 627 results for "Class A"

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
The federal court will soon determine if it will approve the $16 million to settle the class action against E&P Financial Group as some victims of Dixon Advisory and Superannuation Services (DASS) are running out of time to make a claim. On 3 April ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
Shine Lawyers filed a class action on behalf of Rest members who may have had income protection premiums wrongfully deducted from their superannuation accounts. The class action alleges that from December 2008 to June 2019, Rest automatically enrolled ...

Investment Trends ranks top five platforms

ANDREW MCKEAN  |  THURSDAY, 15 FEB 2024
Investment Trends 2023 Platform Benchmarking Report has positioned HUB24 as the best full-function platform, narrowly outperforming Netwealth. In the report's analysis of platform developments aimed at supporting the provision of advice to clients ...

Rest invests in agriculture fund

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024
Rest has invested in an agriculture-focused fund that focuses on sustainable farming, practices and companies. Rest has allocated capital to Cibus Fund II, which "focuses on delivering strong returns through investment opportunities related to the food ...

Class action filed against IC Markets

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
Piper Alderman has formally filed its class action against International Capital Markets (IC Markets) for offering contracts for difference to retail investors. The law firm began investigating the potential for a class action in October 2023. Now filed ...

Legalsuper investment strategy lead departs

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
The head of investment strategy at legalsuper has jumped ship for a chief investment officer role. Linda Trusler, who worked for the $5 billion superannuation fund dedicated to the legal community for almost five years, has joined Rajomon Asset Management ...

CalSTRS investment chief announces retirement

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
California State Teachers' Retirement System (CalSTRS) chief investment officer Christopher Ailman will depart on June 30, after 24 years at the fund. At an Investment Committee meeting, Ailman revealed his intention step down from the position ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
Just days before Christmas, an Insignia Financial shareholder class action borne out of the Royal Commission was dismissed, with the judge saying there was no evidence provided to prove the group breached disclosure requirements. The class action was ...

What you read in 2023

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
Once again, Financial Standard readers were captivated by the evolving superannuation landscape, with this year's top stories largely focused on this space. However, there was one particular executive move that simply couldn't be scrolled past. ...

Morningstar reveals Australian equities upgrades, downgrades

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... classes across three strategies and downgraded 10 share classes across 10 strategies. Realindex Australian Share Value Class A was called an excellent choice for investors seeking a value leaning or core domestic exposure at an attractive price. Morningstar's ...