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Showing 11 - 20 of 196 results for power williamson

Internal teams gain decision-making power: Frontier

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2023
... fund managers to be the most influential person at a superannuation fund, fresh insights from Frontier show the balance of power has steadily shifted. According to Frontier, in 2017 about 52% of fund managers believed a super fund's chief investment ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
In a first-of-its-kind case, ASIC is taking AustralianSuper to court over its failure to properly monitor and consolidate multiple accounts on behalf of members for close to a decade. In May, AustralianSuper announced it would be refunding close to ...

Financial Standard kicks off Power50 voting

JAMIE WILLIAMSON  |  MONDAY, 21 AUG 2023
... Financial Standard received more than 200 nominations for the FS Power50, with 116 progressing to the voting stage. "The FS Power 50 is about uncovering the stories of successful financial advisers who are inspiring positive change, whether within the ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... base of 1.6 billion) still has no serious competitor in the enterprise software segment. The company has used its market power to establish itself as a leading player in the high growth cloud business (Microsoft Azure) and it is also at the forefront ...

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... 2013 under the Future of Financial Advice reforms. The action, which has been ongoing since October 2019, said CFS had the power at the time to reduce the fees or transfer existing members to identical products with lower fees and where commissions were ...

Aware Super invests in renewable data centre platform

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... has achieved zero Scope 1 and Scope 2 carbon emissions, a feat that is combined with their patented innovations in design, power, cooling, and density, to result in industry-leading operational efficiencies," Hector said. "All of these characteristics ...

Power50 kicks off for 2023

JAMIE WILLIAMSON  |  MONDAY, 3 JUL 2023
Nominations are now open for the annual FS Power50, recognising the most influential financial advisers in the profession. Now in its 10 th year, the FS Power50 aims to shine a light on those advisers who are doing the most for their industry and their ...

Treasury consults on giving AFCA more super powers

JAMIE WILLIAMSON  |  TUESDAY, 23 MAY 2023
Treasury is consulting on whether the Australian Financial Complaints Authority (AFCA) should have its remit expanded to deal with more complaints related to superannuation, following the Federal Court's MetLife decision. As it stands, under Part 7.10A ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... contract. Reinforcing the independence of the RBA has also been flagged, with a suggestion to remove the treasurer's power to veto any RBA decisions on monetary policy. The review was conducted and authored by Australian National University professor ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
The Federal Court has determined that four current and former directors of the now defunct Linchpin Capital Group and Endeavour Securities breached their duties and didn't serve investors' best interests. The court found that, between 2015 and ...