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| | | ... tough year for active management in 2024. Initially covering just US-domiciled funds, nine regional year-end scorecards now cover active performance in funds operating in markets in Australia and other countries. "The first half of 2024 will likely go ... |
| | | | The Australian Financial Complaints Authority (AFCA) is seeking feedback on how it approaches superannuation death benefits in hopes to reduce disputes and misunderstandings when processing such complaints. This follows on from another consultation ... |
| | | | The Queensland Supreme Court has ordered the ISG Private Access Fund and the ISG Real Estate Equity Fund be wound up. This comes after ISG and its sole director, Benjamin Godfrey, had applied to appoint receivers to the schemes. ASIC intervened in the ... |
| | | | Pengana Capital Group's board informed shareholders that although the company's current share price doesn't reflect its true value, it's paused its share buyback program until uncertainties around the Employee Share Loan Plan are settled. The board ... |
| | | | During the first half of 2024, ASIC acted against the registration of 13 approved self-managed superannuation fund (SMSF) auditors. ASIC's concerns covered a range of topics, including breaches of auditing and assurance standards, independence requirements ... |
| | | | ... sits with TAL. Australian Food Super offers life insurance, total and permanent disablement (TPD), and income protection cover. In July, TAL took over the mandate for income protection, which was previously offered by Windsor Income Protection, part ... |
| | | | ... Zurich Financial Services Australia has launched a new total and permanent disability (TPD) offering designed specifically to cover ongoing care requirements in the event of a severe accident or illness. The new 'continuous care' option allows for a ... |
| | | | ... total and permanent incapacity (TPD), and income protection from October 1. For Personal members, the death and TPD fixed cover for a 50-year-old will cost 7.1 cents for the general category and 3.2 cents for professionals based on a weekly charge per ... |
| | | | The global trading and investment platform is tapping into the superannuation sector with the acquisition of Spaceship, in a deal worth as much as $80 million. eToro has agreed to acquire Spaceship, expanding its local business and suite of offerings. ... |
| | | | Magellan Asset Management has moved around the portfolio managers for three of its funds. The Magellan High Conviction Trust, the Magellan Global Equities Fund and the Magellan Global Fund will be affected by the changes, effective today. Alan Pullen ... |
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