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| | | ... best financial interests to be prompted to genuinely consider whether they want or need insurance and, if so, the type and level of cover," SCA said. Without engagement, members risk "inadvertently paying a significant amount for cover" over their working ... |
| | | | ... outcomes, and expenditure are three other core areas of supervision. APRA warned it will "maintain intense scrutiny of fund-level expenditure to hold RSE licensees accountable for improving practices, reducing spending that is deemed not in members' ... |
| | | | ... structures." Many Australian family offices and private wealth firms lack the specialised expertise and resources to conduct this level of due diligence, let alone build and maintain relationships with fund managers.. Moreover, he went on to say, they ... |
| | | | Aware Super has completed phase one of enhancing its investment data capabilities - dubbed 'Project Odin' - by implementing a new investment enterprise data management platform. GoldenSource worked with Aware Super to create the fund's new ... |
| | | | ... concerns also remain about whether wholly virtual meetings, particularly for listed public companies, might diminish the level and effectiveness of communication between management and members. In addition, the regulator flagged misconceptions around ... |
| | | | ... mega-cap stocks, points to an opportunity for institutional investors to diversify in the period ahead. "Given the recent level of market concentration, our historical analysis suggests that there is a strong probability that diversified strategies should ... |
| | | | The monthly Consumer Price Index (CPI) indicator rose 2.4% in the 12 months to February 2025, according to the latest data from the Australian Bureau of Statistics (ABS). "Annual CPI inflation was slightly lower in February, after holding steady at ... |
| | | | Treasurer Jim Chalmers will boost the Help to Buy scheme and revive the drooping housing construction sector in a bid to build more homes faster and tackle housing unaffordability. As part of the Federal Budget, Chalmers is expanding the Help to Buy ... |
| | | | ... million is for the duplication of the Stuart Highway (Darwin to Katherine). About $125 million will be for the Curtis Road Level Crossing Removal in South Australia and $20 million will go to the Monaro Highway Upgrade Stage 2 planning works in the Australian ... |
| | | | ... found a material difference between these obligations and those for SoAs...," she said. "We were hoping for a much lower level of prescription, and greater recognition of professional judgement, as well as indications as to how the other areas of prescription ... |
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