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Showing 11 - 20 of 69 results for %22Diversa Trustees%22

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... slapped over $140,000 in infringement notices relating to greenwashing issues. Vanguard Investments Australia, Diversa Trustees, Tlou Energy and Black Mountain Energy have all copped a fine.

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... regulatory and compliance obligations; heightened inherent business risks driven by the complex structure and operations of Diversa; and concerns related to Diversa's ability to deliver quality member outcomes, including in relation to high fees ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... over alleged false or misleading statements. Earlier this month, ASIC announced it fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer of superannuation product Cruelty Free Super. Cruelty Free Super is a sub-fund of the Tidswell ...

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
... solution offered by micro investing platform Raiz, will become a division of AMG Super on or around December 16 after Diversa determined a successor fund transfer was in the best interests of members. According to Raiz's latest ASX filings, Raiz ...

Millennial super fund fails to GROW

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
Almost five years to the day that it first launched, GROW Super will close its doors. Diversa Trustees, the trustee for GROW Super, has informed members it is closing the product. Since its launch in 2017, GROW Super has been touted as a serious competitor ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... scale," Diversa wrote to members. "With consideration of these changes and the ever-evolving regulatory landscape, Diversa Trustees Limited has made the decision that it would be in the best financial interests of members to close..." The options were ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
The regulator is taking Diversa Trustees to court over failing to maintain oversight of a now banned financial adviser. Diversa is the trustee for $1 billion Future Super, Mason Stevens Super, ING Super and MAP Master Super - later known as OneSuper ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... year after being forced into administration and then liquidation by a lender. The business owns two other RSE businesses Diversa and CCSL. Late last year, the company started moving Tidswell's super fund clients to Diversa including Spaceship, Student ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... Superhero Super is offered under OneSuper, which is an APRA-regulated public offer fund. Superhero's trustee is Diversa Trustees Limited and Iress-owned OneVue Holdings Limited. OneVue will also provide member administrator services, while MLC is ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... Corporation, led by Marcus Price, who took on the group's chief executive and managing director roles. OneVue sold Diversa Trustees and its related company CCSL to Sargon in 2018 for over $37 million, moving sub-plans such as Future Super, GROW Super ...