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Showing 3551 - 3560 of 22782 results for "Funds"

Stop orders slapped on two Perpetual funds

JAMIE WILLIAMSON  |  FRIDAY, 25 NOV 2022
Dodgy target market determinations (TMDs) have seen ASIC place interim stop orders on two Aussie equities funds from Perpetual. Perpetual cannot offer or distribute the Perpetual Pure Microcap Fund or Perpetual Geared Australian Share Fund for the next ...

Super fund reporting requirements 'a dog's breakfast'

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... regulation has resulted in a dog's breakfast of reporting requirements; it's confusing for members and onerous for funds," Jones said. "We are cleaning up the mess so meaningful, detailed information is made available to members, easily and consistently." ...

'Our fears were warranted': Chant West proposes YFYS alternative

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... consequences of failing the Your Future, Your Super (YFYS) performance test is outweighing the rewards for passing, causing some funds to make passing the test their primary investment focus. "We are seeing clear evidence of how the test is influencing ...

HESTA commits $240m to build-to-rent pipeline

ANDREW MCKEAN  |  THURSDAY, 24 NOV 2022
... build-to-rent developments becoming financially viable," it said. However, as previously reported by Financial Standard, super funds have been deterred from investing in the affordable housing sector because of lower total returns, higher perceived risk ...

ASIC sues crypto fintech over unlicensed advice

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... been licensed as they were a managed investment scheme. ASIC said that as of April 2022, about 240 clients had deposited funds into the products. "We are concerned that Block Earner offered financial products without appropriate registration or an AFSL ...

Winners are grinners: FPA awards

CHLOE WALKER  |  WEDNESDAY, 23 NOV 2022
... intangible impacts of his advice, impressed the judges. "Further, his advocacy at a grassroots level, including with super funds and lawyers to improve their processes, is to the benefit of his clients and the financial planning profession more broadly," ...

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... annual market rent reviews are linked at or above inflation. Institutional investment into affordable housing also allows funds to influence the economy and society in positive ways, helping to improve capital formation, and increasing productivity in ...

Super assets decline despite contributions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 23 NOV 2022
... segment, with the largest - APRA-regulated assets - dipping 3.1% to $2.25 trillion. Total assets in self-managed superannuation funds dropped 2.8% to $865.2 billion, exempt public sector schemes by 6.6% to $153.2 billion, and the balance of life office ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... involving ESG research used to select investments. It comes as the US government reverses limitations placed on some pension funds in relation to ESG investing by the Trump Administration. In conduct stretching from April 2017 to February 2020, the Securities ...

Private market investment impediments not insurmountable: Frontier

ANDREW MCKEAN  |  TUESDAY, 22 NOV 2022
Frontier's ' Super in the Economy ' report says super funds haven't invested more capital into private markets because of the Your Future, Your Super (YFYS) performance test and that there are opportunities to create further investment in the sector. ...