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Showing 331 - 340 of 3417 results for "Update"

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
AustralianSuper has unveiled a raft of changes to its investment exposures and fees which came into effect July 1. Across its MySuper, Choice and TTR Income products, the super fund has removed its exposure to listed infrastructure and listed property. ...

ASIC calls out sloppy adviser data

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... reasonable steps to ensure that the information provided to ASIC is true and correct. It is also an offence to fail to update the Financial Advisers Register within 30 business days of a financial adviser's details changing," ASIC warned. Today ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... into the High Growth option. Members will de-risk from High Growth towards Balanced from the age of 65 and beyond. The update is due to finalise on September 30. Last year, the Balanced option delivered 10% p.a. "For members under the age of 50 who don't ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
AIA Australia has launched a new member insurance portal that enables group insurance customers to track their claims throughout the lifecycle. The portal promises real-time updates on claim statuses. It also offers features such as instant document ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... across Australia," he said. Today's transaction is part of several key initiatives Mirvac has completed since its 3Q24 update in May. According to an ASX announcement, Mirvac has also fulfilled its $1 billion asset sales program, including the exchange ...

Dexus sells three assets for $383.2m

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
Dexus has announced that it has unconditionally exchanged contracts to sell three assets for a combined $383.2 million. The assets include a 50% interest Dexus held in 5 Martin Place, Sydney for $296.2 million, in which its 25% share was $148.1 million ...

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... contracted. Although growth was positive (barely) this quarter, the economy is still soggy," ASB Bank wrote in an economic update. As an example, New Zealand's economy is still some 0.5% below the Q3 2022 peak. The headline figure "is being flattered ...

Morningstar reveals top three undervalued stocks

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... external revaluation of the bulk of its assets estimated Dexus' book value dropped some 9% in the last six months. In an update to investors, Dexus said recent draft external independent valuations have resulted in a total estimated drop of about ...

Ascot Securities hit with infringement notice for 'serious failures'

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... also considered that the deficiencies in Ascot's policies and procedures were exacerbated by its failure to review and update those policies, despite senior compliance staff considered them to be deficient. As a result, the MDP considered Ascot's conduct ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Australian Securities and Investments Commission (ASIC) commissioner Alan Kirkland issued a blunt warning to licensees not meeting their obligations. Speaking at an industry event, Kirkland said the regulator has spent two years warning licensees to ...