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Showing 371 - 380 of 3205 results for "Power"

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
... diesel in Australia. Renewable fuels are manufactured from organic waste and converted to liquid fuels that can be used to power combustion vehicles. There is growing recognition globally that renewable fuels can materially reduce transport sector emissions ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
Industry funds BUSSQ and Cbus have defended their respective boards' close ties to the CFMEU, saying all representatives satisfy the fit and proper standards outlined by APRA. This week the Victorian branch of the Construction, Forestry and Maritime ...

Apex partners with Novigi

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
Apex Group has awarded a mandate to Novigi which will provide superannuation data and technology services. Apex's Australian superannuation business, Apex Super, will use Novigi's services that includes data management platforms, API development, cloud ...

Data concerns land Fiducian with additional licence conditions

JAMIE WILLIAMSON  |  TUESDAY, 16 JUL 2024
Fiducian Portfolio Services has been slapped with additional licence conditions by APRA, as the regulator looks to address concerns ahead of the annual performance test. APRA said it identified issues with the accuracy and completeness of data submitted ...

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024
... TelstraSuper has handed over an undisclosed amount to Quinbrook Infrastructure Partners, to be invested in its Net Zero Power Fund. Quinbrook's Net Zero Power Fund, which is targeting US$2 billion, seeks investments that look to support decarbonisation ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
ASIC's regulation activity for the 2024 financial year is expected to slug financial advisers $48.39 million collectively as the annual levy does not appear to be reducing. Licensees that provide personal advice to retail clients on relevant financial ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
The Senate committee tasked with assessing the capabilities of ASIC says the government should recognise the regulator has "comprehensively failed to fulfil its regulatory remit", calling for a complete overhaul of its structure, powers and how it's ...

AMP MySuper options power past double-digit returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
AMP's MySuper 1970s investment option, its largest by funds under management, had a return of 11.4% for FY24. Meanwhile, the retail super fund's 1980s and 1990s investment options returned 11.31%, respectively. AMP said a high allocation to ...

Colonial First State reports strong super returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... 1980-84 and MySuper Lifestage 1985-89 funds had even stronger returns of 14.7%. CFS Superannuation chief executive Kelly Power said that this is the second consecutive year of double-digit returns for its MySuper balanced and growth funds. "CFS continues ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... Sequoia, the panel said the actions by the shareholders that acquired substantial amounts of shares that increased their voting power in a short space of time led to circumstances that "were unacceptable because (among other things) there have been contraventions ...