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Showing 3281 - 3290 of 9474 results for "tech"

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
In a fresh blow to Westpac, the Federal Court this morning delivered the corporate regulator a win in its appeal against a previous ruling on Westpac's telephone campaigns. The full court this morning said ASIC's appeal will be allowed with ...

Industry fund awards admin mandate

HARRISON WORLEY  |  MONDAY, 28 OCT 2019
Australia's largest open defined benefit superannuation fund awarded an administration technology mandate to IRESS. ESSSuper has signed an agreement with IRESS which will see the technology firm install an automated administration service - Automated ...

Industry fund awards $200mn mandate

HARRISON WORLEY  |  FRIDAY, 25 OCT 2019
A $51 billion industry superannuation fund awarded a $200 million property mandate to Industry Super Property Trust. The HESTA Healthcare Property Trust will invest the amount across Australia's healthcare sector, with the ISPT mandate. The fund ...

WiseTech short could impact super

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
... funds could get caught in the crosshairs after a short report on WiseTech by J Capital has seen shares in the key Australian tech stock plummet. AustralianSuper, for example, has a $4.2 million holding in WiseTech. Australian Ethical discloses on it ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A new paper on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. ...

BlackRock merges ETF, unlisted fund sales teams in EMEA

KANIKA SOOD  |  MONDAY, 21 OCT 2019
BlackRock has merged the teams responsible for sales of its iShares and unlisted managed funds products for its business in Europe, Middle East and Africa. The unified salesforce will be responsible for distribution of BlackRock's products to asset ...

New SMAs launch

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
A new range of separately managed accounts (SMAs) have launched, attempting to address a demand the new FASEA code of ethics could create. A group of financial advisers have come together to launch the SMAs through Ethical Advisers Funds Management. ...

AustralianSuper checks out robo advisers

KANIKA SOOD  |  MONDAY, 21 OCT 2019
The $170 billion super fund is looking at robo advisers as a potential solution for providing financial advice to its members but says it's early days. "We are looking at it but we haven't got any plans for any imminent introduction," AustralianSuper ...

Trillionaires around the corner: study

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
The world is only six years away from welcoming its first trillionaire, according to a new study that looked at the private wealth of the world's richest denizens. Amazon founder and chief executive Jeff Bezos is on the way to becoming the first ...

Next decade of defined contributions crucial: Research

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... and it also needs to become more customized to individuals' circumstances, more cost-effective, better governed and more tech-savvy," the Institute said. Thinking Ahead Institute head of research Bob Collie said: "The need for change has been clear for ...