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Showing 311 - 320 of 4122 results for "Conduct"

Australian super assets set to become second largest globally: WTW

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
Australia's superannuation assets have jumped 500% over the last 20 years and are on track to become the second-largest pension market globally by 2030, the WTW's Thinking Ahead Institute predicts. Australia's superannuation assets reached more than ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... capabilities, superannuation trustees must do the same or risk becoming a soft target." Constant said trustees need to conduct preliminary assessments of their anti-scam and anti-fraud measures, consider if they should allocate a scam (and fraud) management ...

Chief executive misbehaviour stifles investment returns

ANDREW MCKEAN  |  THURSDAY, 23 JAN 2025
... bullying and harassment, failed whistleblowing procedures, undisclosed investments, and systemic breaches of professional conduct. Picone noted that, whether true or not, these incidents - and the resulting speculation - carry potential financial consequences ...

Research digs into HNW investment preferences

MATTHEW WAI  |  TUESDAY, 14 JAN 2025
According to new research from Praemium, high-net-worth (HNW) investors with stronger balances are typically tipping more into alternatives. The report comes as advisers eye the asset class along with artificial intelligence (AI) and technology as key ...

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... accept the acquisition bid. Charter Hall and Hostplus told HPI they intend to be active major securityholders and will conduct a review of HPI's portfolio and management, as well as its distribution and capital management policies. "There is a risk ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... ASIC deputy chair Sarah Court said: "ASIC is committed to investigating people who engage in and profit from dishonest conduct. Mr Spina's sentencing should be a deterrent to those who operate outside of the law and whose actions can have a detrimental ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
... BrightAU Capital (trading as TradeFred) and Maxi EFX Global AU (trading as EuropeFX), engaged in systemic unconscionable conduct as well as a raft of other contraventions of the law between 2018 and 2020. The court heard customers of EuropeFX and TradeFred ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
AMP has dared to go where no super fund has gone, taking the plunge with a "modest allocation" to Bitcoin, even as other industry heavyweights stand resolute in their rejection of the digital asset. Last week, AMP senior portfolio manager Steve Flegg ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
Many superannuation trustees have been told they must improve their valuation governance practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... payments for comparison. The publication of the report comes as the fund doubled down on calls for an industry code of conduct. Elia said the introduction of a mandatory industry code, guided by the regulators, would set clear expectations, and remove ...