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Showing 421 - 430 of 6340 results for "ALR"

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
An independent review by Deloitte has found little evidence to suggest Cbus' pricey relationship with the CFMEU is in the best financial interests of members. It also found the fund's processes for determining the propriety of board directors ...

Trustees, advisers have 'insufficient focus' on performance

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
ASIC commissioner Alan Kirkland had told financial advisers and superannuation trustees that more needs to be done to ensure better retirement outcomes for Australians. It comes after ASIC released its superannuation choice products and their focus ...

Nuveen extends private credit fund to Australian investors

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
Nuveen has extended access to its private capital platform to Australian wholesale investors via the launch of the Nuveen Churchill Private Credit Income Fund. Nuveen said the fund has already secured early investment from a range of Australian wealth ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the Financial Advice Association Australia (FAAA) warns in anticipation of the looming ...

Inconsistencies abound in Future Fund mandate change: Deloitte

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
Given its strong performance, the bar for making changes to the Future Fund's mandate should be set very high and Treasury's latest directive does not meet that threshold, Deloitte Access Economics says, adding they raise more questions than they answer. ...

More guidance crucial for aged care transitions: AMP

MATTHEW WAI  |  MONDAY, 25 NOV 2024
Older Australians are not prepared to move into aged care and most expect it to significantly diminish their wealth, as AMP calls for more support from government and financial services. New research from AMP shows most older Australians are concerned ...

Swan tells Bragg he won't front parliament

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
Cbus chair Wayne Swan has declined an invitation to front the Senate Economics Committee over issues with the fund's recent board appointments and claims handling delays. In a letter to committee chair Senator Andrew Bragg, Swan thanked Bragg for the ...

CapitaLand builds out Australian presence

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
Singapore-based real assets manager CapitaLand Investment is expanding in Australia, appointing both a local chief executive and chief investment officer. CapitaLand Investment is a global manager of shopping centres, residential, logistics and office ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
AustralianSuper will compensate around 7000 beneficiaries to the sum of $4.2 million for death benefit claims that took longer than the fund's internal target handling time of four months from the date when the claim form was received. The fund ...

Pinnacle goes global with acquisitions

JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2024
Having successfully completed a $400 million placement in support, Pinnacle Investment Management is acquiring stakes in two international fund managers. Pinnacle is taking strategic stakes in VSS Holdings and Pacific Asset Management for a total of ...