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Showing 4821 - 4830 of 28259 results for "NOT"

Calls for Indigenous super beneficiary changes renewed

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... critically important to the cultural identity of Aboriginal and Torres Strait Islander people. However, these relationships are not recognised in superannuation law which impacts who members can nominate to receive their super after they die, or to whom ...

Spirit Super member data exposed after security attack

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... account quickly. "In short it was human error during a malicious email attack posing as official correspondence. This was not the result of a material security control weakness or technology failure. The malicious email resulted in a staff member's ...

Twiggy Forrest spends $31m on Australian Agricultural Company

CHLOE WALKER  |  MONDAY, 30 MAY 2022
... $31 million worth of AAC shares, increasing his voting notice in the company substantially. Interestingly, the purchase was not the first acquisition of Australian agricultural shares shares this year, with Forrest's Tattarang purchasing $35 million ...

ANZ sued by ASIC

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... based on an incorrect account balance, including on the ANZ website, ANZ App and at ATMs. ASIC further alleged that ANZ has not adequately fixed the problem and that customers continue to be affected. ANZ said it's considering the matters raised ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... previous legislation passed in 2015 that saw the funds forced to divest thermal coal holdings "because dying industries do not qualify as financially responsible investments". It would also align the funds' investment strategies to the efforts already ...

Super funds to reach $1tn by 2040: KPMG

ANDREW MCKEAN  |  FRIDAY, 27 MAY 2022
A recently released KPMG Super Insights report shows Australia could have at least two super funds with over $1 trillion in assets in the next 20 years. KPMG insights suggest AustralianSuper and the Australian Retirement Trust (ART) will dominate the ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
... Australia's entire platform market show it is now holding $876 billion, up from $721 billion as at 31 December 2021. If it were not for the managed accounts sector, FUA in platforms would be growing at only half its current rate, Rainmaker said. ...

What the election result means for ESG

CASSANDRA BALDINI  |  FRIDAY, 27 MAY 2022
... responsible investment group Joey Alcock said whether the Albanese government can secure a majority of seats in the lower house or not, the message delivered on climate change importance is very clear. "We have been advocating for an increase in both ...

Just 14.8% of hedge fund leaders are female: Report

CASSANDRA BALDINI  |  THURSDAY, 26 MAY 2022
A report released by IG Prime shows only 14.8% of senior hedge fund management roles in Australia are going to women. Despite the low number, the research highlights the Australian market had higher performance in the past 12 months, and the past five ...

Index investing of greater benefit: Vanguard

CHLOE WALKER  |  THURSDAY, 26 MAY 2022
... index funds." The research also found that persistent outperformance is difficult for active managers to achieve. "This is not to say that there are not periods when active management outperforms, or that no active managers do so regularly. Only that ...