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Showing 441 - 450 of 6170 results for "Statement"

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... a merger. After almost a year of due diligence and preparations, the transfer officially took place on March 1. In a statement to Financial Standard, ART chief commercial officer Dave Woodall said he is pleased to have seen the merger completed. "On ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
Fifteen self-managed super fund (SMSF) auditors have been reprimanded for performing in-house audits. The Australian Taxation Office (ATO) referred 15 SMSF auditors to ASIC following a review of files from audit firms. ASIC said it had concerns that ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... allocated correctly so account balances displayed correctly Contacted impacted consumers who did not receive a twice-yearly statement, as per the terms of their policy Provided revised disclosure to consumers about trading limits on their trading accounts ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... will continue fighting to deliver exactly this, especially when I see anti-competitive behaviour." Hostplus said in a statement to Financial Standard that it "has not advocated for a ban on workforce management platforms and any suggestion otherwise ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... scratch. While some claim to be in the process, often utilising a limited dataset from a client to generate a comprehensive Statement of Advice, these instances typically do not involve pure AI," he explains. As such, he warns that given the complexity ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... instances could ensure the test doesn't unfairly eliminate products for reasons beyond the trustee's control. In a joint statement, treasurer Jim Chalmers said this isn't about government directing super investment - it's about making sure super funds ...

InvestSMART launches investing platform

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
... good at without the time and cost of setting up their own managed investment scheme, administration and maintenance," a statement said. InvestSMART chair Paul Clitheroe said the launch of InvestSMART's white label platform is a "win-win" for both investors ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... June 2023, MSC, as trustee and responsible entity of the Bloom Fund, made statements in the fund's product disclosure statement (PDS) that said the fund would seek to avoid the investment of the fund's assets in a range of excluded activities, including ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... has a median base salary gender pay gap of 22.9% and median total remuneration gender pay gap of 22.3%. Hostplus' statement on the gap did not reference the actual figures, but did highlight that benefits on offer, like its parental leave policy ...

Morrison divestment lifts Sequoia profits

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
Sequoia Financial Group reported an "abnormally high" net profit after tax (NPAT), coming in 4317% higher than the prior corresponding period. However, it also flagged "several" complaints to the Australian Financial Complaints Authority (AFCA) that ...