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Showing 551 - 560 of 2397 results for "Mater"

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...

APRA sheds light on YFYS Performance Test

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
The prudential regulator has clarified Canberra's Your Future, Your Super performance test by adding new answers to its website. The test applies from July 2021, to My Super products and from July 2022 to trustee-directed products. APRA said it ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
The Fair Work Commission has today announced a 5.2% increase to the minimum wage which will come into effect from July. The Fair Work Commission has announced that the new minimum wage will be $812.60 per week or $21.38 per hour. The commission panel ...

ASIC helps issuers avoid greenwashing

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
ASIC is helping product issuers avoid being accused of greenwashing, outlining exactly how not to market their offering. A new information sheet comes as demand for sustainable products continues to rise, causing a backlash in greenwashing. ASIC undertook ...

Investors Mutual, Vaughan Nelson partner

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
Investors Mutual partnered with Vaughan Nelson to launch a global SMID cap strategy, the first of its kind to hit the Australian market. The affiliates of Natixis Investment Managers launched the fund, which is the only actively managed global SMID ...

Spirit Super member data exposed after security attack

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
A Spirit Super data incident has resulted in approximately 50,000 member records from 2019/2020 being compromised. The data breach occurred on 19 May 2022 when a Spirit Super staff member's email account was caught up in a broad phishing attack campaign. ...

What the election result means for ESG

CASSANDRA BALDINI  |  FRIDAY, 27 MAY 2022
Increased support for the Australian Greens and climate-focused independent 'teal' candidates, signals that governments will no longer only be held accountable by traditional metrics like growth, employment, and productivity, but also by progress against ...

SEC proposes new disclosure for ESG funds

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022
The US Securities and Exchange Commission (SEC) has proposed a disclosure regime for ESG-related funds and advisers that would see funds broken down into three categories of strategies. The proposed changes would see three broad categories for ESG strategies ...

Mitsui, Nomura to acquire New Forests

CHLOE WALKER  |  MONDAY, 23 MAY 2022
The global investment manager of nature-based real assets and natural capital strategies has announced Mitsui & Co (Mitsui) and Nomura Holdings (Nomura) have entered into an agreement to purchase 100% of the company. The joint venture, which is subject ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
In Bonn, Germany, US secretary of the treasury Janet Yellen has called the global economic outlook challenging and uncertain; stagflation effects have depressed output and spending, she added. Yellen said the US understood when Russia invaded Ukraine ...