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Showing 11 - 20 of 1636 results for %22Active Super%22

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... at 8%, with Active Super's High Growth option not far behind at 7.8%. Looking at a 10-year performance period, Active Super achieved the highest returns at 8.5%, even amid Federal Court proceedings from ASIC over allegations of greenwashing. Aware ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... 'Quantum Trade Wave'. The National Anti-Scam Centre's investment scam fusion cell, co-led by the ACCC and ASIC, has been active in disrupting investment scams such as online investment trading platform scams. "In addition to referring these scam ads ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... has three greenwashing-related civil penalty actions before the Federal Court - Vanguard Investments Australia and Active Super, while a tentative agreement has been reached with Mercer Super for civil penalty actions under which Mercer will pay $11.3 ...

SMSFA reappoints Hay-Bartlem as chair

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
The SMSF Association announced that Scott Hay-Bartlem has been reappointed as its chair and will serve another two years. Hay-Bartlem joined the association as a director in July 2019 and was appointed chair in February 2022. With a background in law ...

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
The Australian Prudential Regulation Authority (APRA) has proposed changes to operational risk financial requirements for registrable superannuation entities (RSE) licensees. The prudential regulators adjustments are designed to bolster the ability ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... that from December 2008 to June 2019, Rest automatically enrolled new members in income protection insurance without their active consent. It also claims that when members didn't make any contribution to their Rest account for 13 continuous months ...

Bell Asset Management looks to exit RE services

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... remain as the investment manager of the funds, and this is where it intends to focus its efforts, "on the core activity of active management of its global equity investment portfolios", it said. The company said it believes it is in the best interests ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... which she said remains a key focus for ASIC in 2024, Court said With proceedings underway against Mercer Super and Active Super, trustees will be aware that we will use every lever legislation affords us to eliminate this practice, and we will continue ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... refugees. ART, AustralianSuper, Hostplus, and Cbus were the first of many to pledge full divestment of Russian assets. Active Super, on the other hand, landed in hot water last year for greenwashing claims, allegedly telling members it divested its Russian ...

IFM offloads stake in payment software business to Autodesk

ANDREW MCKEAN  |  TUESDAY, 30 JAN 2024
IFM Investors has reached an agreement to divest its stake in construction payment software business Payapps, previously known as Zuuse, to Autodesk. Since 2020, IFM's private equity funds has held a significant minority share of Payapps, with an initial ...