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Showing 451 - 460 of 3417 results for "Update"

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... people. We are also well progressed in discussions around the potential divestment of our platforms business. We aim to update the market on this further execution point in the coming months." At market close on Friday, Iress' share price was just ...

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
GQG Partners' funds under management (FUM) has surged to $104.1 billion as of June 30, reflecting 20.1% growth year on year. In an ASX announcement, GQG attributed FUM growth to $6.2 billion of net inflows and strides in the global equity markets. The ...

APRA finalises framework for MySuper products

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
APRA has released a technical determination, aiming to standardise the amalgamation of MySuper product performance histories. The announcement marks the culmination of consultations held in April 2023. The Superannuation Technical Determination No.1 ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
An industry super fund has announced a reduction in weekly insurance premiums for death, terminal illness, TPD, and income protection cover. First Super reduced the weekly cost of its default insurance cover, prompted by fewer than expected claims in ...

Link Group to cop $418m loss

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... said it is in exclusive discussions to sell the Luxembourg and Switzerland arms of Link Fund Solutions, and expects to update the market at the end of the month. Link Group said its liquidity position remains strong. In June, HESTA opted against renewing ...

Trustees to disclose more remuneration details

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
APRA will force superannuation funds to provide more details into how they pay executives, particularly wanting deeper insight into how variable remuneration is rewarded. The prudential regulator has updated Prudential Standard CPS 511 Remuneration ...

Review forces ASX to fix intra-group conflicts

KARREN VERGARA  |  MONDAY, 31 JUL 2023
Another review from the fallout of the bungled CHESS replacement saga will force the ASX to implement 13 recommendations to manage conflicts of interest among its subsidiaries. The review, conducted by Herbert Smith Freehills (HSF), found prevalence ...

Perpetual reports $212bn in AUM

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
In a Q4 2023 business update, Perpetual reported assets under management (AUM) of $212.1 billion, a 0.8% increase on the prior quarter. Perpetual credited positive markets and strong investment performance for contributing to an uplift of $4.5 billion ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... Vanguard issued an ASX announcement for the ETF and a unit holder notice (for the funds) to inform investors that a PDS update to better reflect the benchmark index methodology was to follow, including greater detail on how the exclusionary screens were ...

ASIC lifts ClearView interim stop order

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
ASIC has lifted its interim stop order after ClearView swiftly amended the deficiencies in its Target Market Determination (TMD). The interim stop order applied to Clearview Life's ClearChoice Income Protection Cover and Accidental Income Protection ...