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Showing 371 - 380 of 4469 results for "Case"

'Turbulent' environment expected in 2025: Robeco

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... - particularly Europe and China - are getting out of the doldrums, they will face ongoing secular pressures. In its base case, Robeco expects US growth to moderate in 2025, tempered by cooling consumption and higher tariffs. Yet, both fiscal as well ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... approach in dealing with death claims. "All death claims are now managed internally, and all beneficiaries are assigned a case manager as a single point of contact for the entire process," Kerlin said. "With the changes the fund has made we have seen ...

Low-cost funds outperform in most asset classes: Morningstar

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
A new report from Morningstar demonstrates low-cost funds have typically outperformed their more expensive peers in the past, with the cheapest options always achieving a higher success ratio in most categories. Most prominently, in the multisector ...

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
Active fund managers tend to outperform their passive counterparts in certain categories like Australian equity income and bonds, but the latter has better survivorship rates, according to Morningstar's latest Active/Passive Barometer report. The analysis ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... exercise extreme caution in these circumstances," she said. ASIC will also expand its remit in member services failures. The case of industry super fund Cbus' recent failings in paying death and TPD benefits was one example of how effective ASIC's ...

Fair Work ruling, ASIC put offshoring arrangements on notice

KARREN VERGARA  |  THURSDAY, 14 NOV 2024
Fair Work Australia's (FWA) recent ruling in favour of a Philippines-based worker to bring an unfair dismissal case against the former employer could serve as a warning for financial services firms who rely on offshoring, as the corporate regulator ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... during the period, more than half (51,845) were resolved at registration and referral and 44,353 cases were closed at the case management stage.

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... with the CFMEU continues to be a value driver for the fund. Finally, while the insurance issues that led to ASIC filing its case against Cbus this week couldn't be discussed in great detail, Bragg did ask Fok who would ultimately foot the bill if ...

Bragg calls for Cbus to front Senate

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Senator Andrew Bragg has called on Cbus chief executive Kristian Fok to face a Senate inquiry over the recent legal proceedings launched by ASIC against the fund and the CFMEU scandal. "The reason that we're having a Senate inquiry in Canberra into ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... this month, and that Cbus has since taken action to improve servicing with additional people deployed across assessments, case management and complaints teams. ASIC alleges the number of impacted members is closer to 10,000 - more than 50% of all the ...