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| | | Centric Super is set to merge with encircle Super following the latter's trustee, Avanteos Investments, announcing the fund's closure. In a parallel development, Colonial First State Investments is also stepping down as the operator of encircle's managed ... |
| | | | ... ability to manage risks and deliver quality outcomes to members, and was fined by ASIC for greenwashing in relation to Cruelty Free Super. |
| | | | ... were fined $13.5 million by Justice Abraham. "High pressure tactics were applied. Sales tactics were used to overbear the free will of consumers. Having made the sales, retention agents ignored the express wishes of the consumers to cancel policies and ... |
| | | | The estimated ASIC levy for this financial year will see financial advisers slugged $3217, as the levy freeze comes to an end. Under the estimated levies released yesterday, the levy to be paid per adviser has almost tripled from the $1142 that it was ... |
| | | | Among other companies to confirm their involvement, a second US pension fund has notified members their personal information was stolen in the same breach impacting members of CalPERS. The California State Teachers Retirement System (CalSTRS) told members ... |
| | | | The federal government will lift the financial adviser levy freeze as it unveils recommendations that make minor changes to the industry funding model following a review. Assistant treasurer and minister for financial services Stephen Jones yesterday ... |
| | | | ... or designated family members who have had their information leaked this week, including further detail on the breach and free access to credit monitoring for the next two years. While no CalPERS systems were breached, the fund has also put in place additional ... |
| | | | ... vulnerable communities, our oceans and gender equality. Specifically, it will reach Minderoo's beneficiaries including its Walk Free, Collaborate Against Cancer, Flourishing Oceans, Frontier Technology, Generation One, No Plastic Waste and Thrive by ... |
| | | | Two industry super funds have frozen future contracts with PwC, while others with contracts for audit or other services with the embattled management consultancy are keeping a watchful eye on developments. As reported by Financial Standard, Treasury ... |
| | | | A Mason Stevens whitepaper says that financial advisers are increasingly embracing outsourcing of their investment capability. Mason Stevens said the main economics of outsourcing are the time freed up for the adviser to nurture client relationships ... |
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