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Showing 3511 - 3520 of 21903 results for "Fund."

Hostplus, Maritime Super make merger official

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
Almost two years since pooling their assets, the two funds have officially signed a successor fund transfer deed. Expected to take place in September 2023, the merger will see Maritime Super members transferred to Hostplus and all Maritime Super assets ...

Crescent Wealth responds to PDS error criticism

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... proactive steps have been taken to avoid a repeat of past reporting oversight of the disclosure of indirect costs to the fund (i.e., not to the fund member)," Crescent Wealth said. "The RG97 revised standards govern the reporting of underlying fees and ...

Chief responsibility officer joins Janus Henderson

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022
Janus Henderson Group has hired Michelle Dunstan as chief responsibility officer. Dunstan will join the global fund manager in early January and will be responsible for overseeing Janus Henderson's corporate responsibility and responsible investing ...

Religious carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
The carve out from the Your Future, Your Super (YFYS) performance test for faith-based funds has been axed by the government, despite it being an election policy. In December 2021, the government said it would adjust the performance test to account ...

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
New data has highlighted the roles within banking and financial services that will receive pay rises in excess of inflation and those that won't. According to the latest Robert Walters Salary Survey, those who can expect a median increase are wealth ...

SMSF auditors in hot water

CHLOE WALKER  |  WEDNESDAY, 30 NOV 2022
ASIC has acted against six self-managed superannuation fund (SMSF) auditors for breaches of independence requirements and auditing standards. Between June 29 to September 30, ASIC disqualified three SMSF auditors from being registered, imposed additional ...

MaxCap sells logistics site to Brookfield

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... Sydney's inner west to Brookfield. The Villawood site was the fifth asset acquired by the MaxCap Industrial Opportunity Fund (MIOF), which purchased it in May 2021. It has since received planning permit for 70,000 sqm of prime-grade, environmentally ...

Marketing oversight must improve: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
ASIC named and shamed more responsible entities in need of improving their oversight of investment managers' marketing practices, raising concerns over five funds totalling about $705 million in assets. Ongoing ASIC surveillance identified concerns ...

Six local funds in world's top 100: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
There are six Australian entities in the top 100 asset owners by size, according to Willis Towers Watson's Thinking Ahead Institute. According to new research, total assets held by the globe's 100 largest owners is up 9% since the end of 2021 to US$26 ...

Link Group appoints chief financial officer

ANDREW MCKEAN  |  TUESDAY, 29 NOV 2022
Link Group's Retirement and Superannuation (RSS) business appointed Nicola Scott as its chief financial officer. Scott will be responsible for leading the finance division of RSS, driving efficiencies in the business to support delivery of services ...