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| | | The former head of fundamental Australian active equities at BlackRock will take over as chief investment officer of Hearts & Minds. The listed investment company, known as HM1, has appointed Charlie Lanchester to the role, effective April 12. "We are ... |
| | | | Treasury is commencing its review of the regulatory framework underpinning managed investment schemes (MIS), targeted at identifying gaps and possible areas for improvement. The review was announced as part of the Albanese government's first federal ... |
| | | | The Financial Accountability Regime and Compensation Scheme of Last Resort have been introduced to Parliament by Assistant Treasurer Stephen Jones. The Financial Accountability Regime (FAR) Bill 2023 aims to promote accountability and responsible behaviour ... |
| | | | If the government's $3 million superannuation cap is not indexed, it will adversely impact around 500,000 individuals who are currently saving for retirement or have already retired. Financial Services Council (FSC) analysis of ATO data found a ... |
| | | | Rainmaker Information estimates the $3 million superannuation cap would impact $410 billion of savings for around 100,000 Australians. Although only a small proportion of Australians hold $3 million or more in superannuation, they own a disproportionately ... |
| | | | HESTA investment committee chair and independent director Mark Burgess will step down from the board at the end of June following six years in the role. As his term comes to an end, the fund's chief executive Debby Blakey said Burgess oversaw a period ... |
| | | | Setting a precedent, the corporate watchdog has taken Mercer Superannuation Australia to court for alleged greenwashing conduct. Mercer marketed the Sustainable Plus options, available in the Mercer Super Trust (MST), as suitable for members who "are ... |
| | | | HESTA has welcomed Wendy Forster-Smith as its new general manager of projects and transformation. Forster-Smith joins from MLC Super, where she spent three years as the head of client enablement. Before that, she worked at the National Australia Bank ... |
| | | | At the ASFA conference, Macquarie Capital managing director and head of global and Asia-Pacific equity strategy Viktor Shvets said he believes unprecedented economic forces will change the investment climate in the coming decades. Shvets forecasts that ... |
| | | | Betashares has reduced the management fee of its Australia 200 ETF (A200) from 0.07% to 0.04%. Specifically, the price drop means investors will pay a cost management fee of $4 for every $10,000 invested in A200. Betashares chief executive Alex Vynokur ... |
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