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| | | ... leading the class action. The firms alleged that AMP's superannuation trustees failed in their duties to ensure fees were set and maintained at a level consistent with members' best interests in the period from 2008 to 2020. As a result, AMP's superannuation ... |
| | | | ... trade policies. "Market dislocations, dispersion, and outperformance in public equities created an attractive opportunity set relative to private equity, which saw a still robust allocation, albeit decreased from 2023 to 2025," she said. Over the next ... |
| | | | The Federal Court extended orders freezing the bank accounts of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, saying it believes investors' funds were used for gambling purposes. The orders were first made on August ... |
| | | | Macquarie Asset Management (MAM) will set up shop in Saudi Arabia after being tapped by sovereign wealth fund PIF for joint venture investments in infrastructure and energy transition sectors. The US$925 billion sovereign wealth fund signed a Memorandum ... |
| | | | ... usually have a goal of retirement. They usually have a goal of buying a house or living a good life. They're not going to set and forget, necessarily." Interest is peaking Of course, not all investors are unaware of the benefits of gearing while they're ... |
| | | | Responding to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR), the SMSF Association (SMSFA) agrees the most efficient and equitable way to fund the special levy is to spread it across all Australian Financial Complaints Authority ... |
| | | | ... is about to undertake a successor fund transfer that will see its membership swell by 25%. On October 1, Brighter Super is set to take on several risk-only products currently housed under Zurich's OneCare Super. There are about eight legacy pension ... |
| | | | ... deputy chief executive and chief member officer Marianne Walker also stepped down from the super fund. Additionally, APRA set its sights on Cbus in February this year for possible breaches of superannuation legislation, with the regulator announcing ... |
| | | | ... process quicker and more straightforward, Aware Super said. The upgrade also enhances the Adviser Portal's existing feature set, including client dashboard access, investment option switching, management of client contributions, tracking of action ... |
| | | | Assets run by female fund managers have tripled over the past decade across the world, as Asian countries are emerging on top for female fund manager representation, according to Citywire's latest research. As the Alpha Female Report reaches its ... |
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