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Showing 491 - 500 of 11512 results for "Point"

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... death claims. "All death claims are now managed internally, and all beneficiaries are assigned a case manager as a single point of contact for the entire process," Kerlin said. "With the changes the fund has made we have seen a 53% reduction in long ...

Future Fund to back energy transition, residential housing

JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2024
... This is to allow the fund time to make meaningful investments in areas of national priority, it said, adding that at this point the fund should be home to $380 billion. The priority areas are supporting the energy transition towards net zero, increasing ...

Low-cost funds outperform in most asset classes: Morningstar

MATTHEW WAI  |  TUESDAY, 19 NOV 2024
A new report from Morningstar demonstrates low-cost funds have typically outperformed their more expensive peers in the past, with the cheapest options always achieving a higher success ratio in most categories. Most prominently, in the multisector ...

QIC backs Virescent Ventures

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
Queensland Investment Corporation (QIC) has invested in Virescent Ventures' new climate technology fund, helping take its first close to about $125 million. QIC joins Westpac and the Clean Energy Finance Corporation (CEFC) in backing Fund II, which ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... Interestingly, both CareSuper and MIESF currently run their own administration operations, having prioritised member service as a point of competitive advantage. They noted that the required due diligence will be undertaken before any decision is made ...

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... passive strategies have better survivorship rates than their active counterparts. "Survivorship rates are a crucial data point to keep in mind when looking at the efficacy of active funds within a category. Even in categories that are favourable to active ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
Fintech firm elemnta has released new research looking at data-related challenges impacting Australia's wealth management sector. The research highlights data fragmentation and lack of standardisation as the primary hurdles preventing scalable ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... disclose a 'substantial holding'. Substantial holders must then report any movements in their interests of one percentage point or more. The economic interest in securities underlying a physically settled equity derivative is already recognised as part ...

Advice take up falls amid decade-low retirement confidence

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
... confident to fund their retirement, with up to 23% of the group citing a "high level of confidence" this year, a 300-basis point increase from the previous corresponding period. This is despite the retirement funding gap having also widened to 31% - ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
ASIC warned it will turn up the heat on superannuation funds by adding new enforcement priorities and flagging that it will hold directors on trustee boards to the same standards as those in big companies. While the corporate regulator heightened its ...