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Showing 4491 - 4500 of 21914 results for "Fund."

Bond scam defrauds SMSFs $2.8m

KARREN VERGARA  |  MONDAY, 15 NOV 2021
A fake bond scam run has allegedly defrauded self-managed super fund members of $2.8 million. Richard Emil Ayoub, an American national, allegedly funnelled the money into Bitcoin between March and August 2021 after promoting it to investors as a fixed ...

Portfolio holdings disclosure a failure: Morningstar

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
New analysis from Morningstar suggests Australia has "blown its opportunity" to improve portfolio holdings disclosures. "As an otherwise sophisticated market, it is remarkable that Australia has consistently ranked bottom of all major global markets ...

Aware Super progresses net zero efforts

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
The $140 billion super fund is calling on the private sector to provide transparent information about their emissions reduction targets and net zero pathways as it outlines the progress of its own plan. In Aware Super's inaugural Destination Net Zero ...

AustralianSuper adds to board

JAMIE WILLIAMSON  |  MONDAY, 15 NOV 2021
AustralianSuper has appointed a new board member and chair of its investment committee, selecting an expert in property investments. Philippa Kelly has joined the fund, replacing Jim Craig who joined the board in 2017. Craig was also chair of the investment ...

MSC Trustees strengthens relationship management efforts

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
MSC Group has added a new relationship manager, joining the firm after 18 years at Equity Trustees. Rebecca McGrath has taken on the role at MSC Trustees, effective this month. Previously, McGrath spent more than 18 years at Equity Trustees in a host ...

NZ Super Fund commits $140m to sustainable real estate

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
The NZ Super Fund is investing in a climate technology fund focused on the real estate industry. The US$100 million (AUD$140m) has been committed to the Fifth Wall Climate Technology Fund from real estate technology venture capital firm Fifth Wall. ...

APRA finalises framework for insurance in super

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
APRA has finalised its revisions to guidance on insurance in superannuation, which was made in response to findings from the Royal Commission. APRA conducted extensive industry consultation on this matter over two years. Now, the completion of this ...

ASIC cancels AFSL of Future Asset Management

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
The regulator has stripped Future Asset Management International of its licence to operate. ASIC cancelled the firm's Australian financial services licence because it is in liquidation. Future AM International is the responsible entity for Future Asset ...

£450bn in inflation-linked UK DB liabilities unmatched

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
New analysis from Alpha Real Capital, a specialist income manager, suggests that £450 billion of inflation‐linked liabilities belonging to UK defined benefit pension schemes are unmatched. Alpha's analysis showed that higher inflation risks have ...

Industry fund ups admin fees

JAMIE WILLIAMSON  |  THURSDAY, 11 NOV 2021
The Meat Industry Employees' Superannuation Fund is increasing its administration fees from December 1. Currently, members of MIESF pay $2.35 per week plus 0.10%. From next month, the asset-based component will increase to 0.18%. The weekly account ...