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Showing 291 - 300 of 5319 results for "Third"

Payday super on track, but so is the $3m super tax

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
A breakdown of government revenue revealed the superannuation sector will contribute $25.6 billion to the government's bottom line in 2025-26 - an uplift of $9.7 billion since the MYEFO from taxes on the sector. "The upgrade to superannuation fund ...

AMP staff surveillance slammed by FSU

ELIZA BAVIN  |  FRIDAY, 21 MAR 2025
... additional pay. A privacy clause was also included which allows AMP to give away the personal information of its employees to a third party. This includes using workers' personal data for whatever suits their business needs. The FSU said AMP is trying ...

Study finds 5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025
... sustainability," Urgewald finance researcher Julia Dubslaff said. "The presence of fossil fuel expansionists in over one-third of the funds that claim environmental or social traits misleads climate-conscious investors. The European legislator must set ...

Super fund consolidation to accelerate: Mercer

ANDREW MCKEAN  |  THURSDAY, 20 MAR 2025
Australia's superannuation industry is poised for accelerated consolidation, with most existing funds set to disappear, according to a Mercer report. The report noted that during the 2023/24 financial year, the number of APRA-regulated super funds declined ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... commitment to taking on misleading marketing and greenwashing claims made by companies promoting financial services. It is our third greenwashing court outcome, and we will continue to keep greenwashing in our sights." ASIC has also been successful after ...

Clean energy strategies a gateway to long-term growth

ANDREW MCKEAN  |  TUESDAY, 18 MAR 2025
... natural resource industries, companies are ramping up spend on new energy sources, with investment set to increase by over a third this year. Willis said every natural resource sector is moving in the same direction, with the percentage increases ranging ...

Fixing retirement system an election priority: Grattan

JAMIE WILLIAMSON  |  MONDAY, 17 MAR 2025
... government guidance service would also be a quick win, it said. "This guidance service should aim to advise at least one-third of new retirees, and would cost about $360 million over its first four years and $50 million a year thereafter, which should ...

Korean pension fund takes $50m stake in Metrics

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
The National Pension Service (NPS) of Korea - the worlds third largest pension fund - has acquired a 4.17% stake in Metrics Credit Holdings for $50 million. This comes seven years after Pinnacle Investment Management paid $46 million for a 35% equity ...

Asian family office sets up in Melbourne

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
... gap between family offices and institutional clients, between digital assets and traditional finance. He sees second and third-generation high-net-worth clients who want to do more with their wealth than invest in bonds, equities, and property. The focus ...

amicaa poaches Fidante exec

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
... Reginold to the firm as head of distribution. Chief executive David Wood said in the new role, Reginold will help build out its third-party funds management business by raising capital from local institutional and wholesale investors. "Marino will lead ...