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Showing 31 - 40 of 578 results for "Reference"

IPS partners to launch equity market solution

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... unhappy buying at a significant discount to today's price." Income is paid quarterly and is guaranteed regardless of the reference assets' performance. If the value of shares falls beyond this downside barrier at the conclusion of the three years, the ...

UniSuper caps future investment in fossil fuels

RACHEL ALEMBAKIS  |  FRIDAY, 16 SEP 2022
... the fund has ascertained that the carbon intensity of all pre-mixed options, including defined benefit, is below the reference benchmarks of the ASX300 and MSCI world. The fund has developed a shadow carbon price for the top 50 companies or unlisted ...

NZ Super shifts $25bn to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022
... Climate Paris Aligned Index in June, with the new benchmark taking effect on 1 July 2022. The changes apply to the fund's reference portfolio benchmark and its passive investments in global equities. The fund previously tracked a custom version of the ...

Calls for greater efforts to close gender pay, super gap

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... education levels." The ABS said the median super balance for males is $208,200 compared to just $168,000 for females. For reference, the ASFA Retirement Standard contends that the super balance required to achieve a comfortable retirement at age 67 is ...

Review of ASIC funding model begins

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
The government has commenced a review of the ASIC Industry Funding Model, issuing terms of reference. An update from Treasury said the review will be forward looking and focused on identifying refinements to the industry funding model. Treasury added ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... it to be exclusively focused on a backward-looking blame shifting exercise," he added. The recently released terms of reference for the review further stipulate that it will exclude the RBA's payments, financial infrastructure, banking, and banknote ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... contained requests for detailed guidance on managing risks associated with ESG practices. These requests included "specific reference to ESG risk as a material investment risk to be considered at both the idiosyncratic and market-wide level". Under SPS ...

FS Power50 nominations open for 2022

CASSANDRA BALDINI  |  MONDAY, 4 JUL 2022
... 50 most influential financial advisers in Australia. Now in its ninth year running, the FS Power50 guide is a premium reference to the trailblazers and game-changers in financial advice. Those wishing to nominate themselves and/or an eligible candidate ...

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... 'underperforming' by referring to its performance against its own percentage return above inflation target, and without reference to the test." Other issues raised by ASIC related to ongoing disclosure and included a trustee that used a banner ...

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... review. In a statement, Jones confirmed he has met with Levy and supports the review continuing under its current Terms of Reference. He said the review provides an "important opportunity to streamline and simplify the regulatory settings for financial ...