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Showing 521 - 530 of 3927 results for "August"

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
... fund merger ART has completed this year, with the first being that of Woolworths and Endeavour Group's offerings in August. "At Australian Retirement Trust, our vision is to be Australia's most chosen and trusted retirement partner, and our recent ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... Commission. An amended statement of claim was filed on 7 December 2021 by Maurice Blackburn and the case was to be heard in August, but AMP agreed to the settlement ahead of its commencement. There are 18,702 group members in the action, comprising AMP ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... specific ESG criteria. Separately, ASIC initiated civil penalty proceedings in the Federal Court against Active Super in August, accusing the super fund of misleading its members by investing in sectors it purportedly restricted, due to their environmental ...

HUB24 unveils new offering for lower balance clients

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
... meet their desired investment goals." Discover is the second new offering delivered by HUB24 to advisers this year. In August, it added new data feeds and automation capabilities to its platform, enabling financial advisers to report on clients' ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... quarter," the report said. "The year-on-year remains on a moderating trend, but at 5.4% was above the RBA's implied forecast in August of 5.25%." The report said domestic inflation remains sticky, and in particular, services inflation stayed persistently ...

ASIC charges HESTA for misleading marketing

ANDREW MCKEAN  |  FRIDAY, 10 NOV 2023
... shown through Facebook, Instagram, and in a webinar hosted on the fund's website, cited in various instances from 23 August 2022 to 18 July 2023. From August to October 2022, HESTA's social media adverts displayed an 8.87% average annual return ...

Wealth managers seek better data warehouse solutions: BNP Paribas

CHLOE WALKER  |  FRIDAY, 10 NOV 2023
... client interaction in a number of asset classes, but has transformed the execution experience, which is pretty cool." In August, BNP Paribas' Securities Services business launched its own virtual agent, NOA (NextGen Online Assistant) for Australia ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... proposed three-year phase-in would be "dangerous." Parents for Climate, which filed a claim against EnergyAustralia in August for false or misleading advertising over its branding of fossil fuel energy products as "carbon neutral", raised concerns about ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... nations such as Russia, Iran, and North Korea. According to an audit conducted by opposition senator James Paterson in August, the $200 billion sovereign wealth fund first forayed into Chinese markets in 2007, but its investment exposures grew as China ...

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... Group collapsed in 2019, people were unable to pay their rent, and many found themselves homeless. Before its downfall, in August 2017 ASIC issued an interim stop order on product disclosure statements (PDS) issued by Theta Asset Management (Theta) offering ...