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Showing 571 - 580 of 882 results for "FOS"

Future Super issues $145m admin mandate

ALEX BURKE  |  FRIDAY, 29 APR 2016
Future Super has chosen a new administration partner for its $145 million in funds under management. The transition went live today, and OneVue Super Services will now provide member administration services for the super fund. Future Super is an ethical ...

Narev defends CommInsure record, wrote to five customers

ALEX BURKE  |  THURSDAY, 28 APR 2016
... to monitor its claim processes; these include participation in various external benchmarking studies, as well as data from FOS. These measures have not given rise to systemic concerns about the accuracy or integrity of our claims processing," the submission ...

AustralianSuper launches new SRI investment option

DARREN SNYDER  |  MONDAY, 18 APR 2016
Australia's largest superannuation fund has created a new socially responsible investment (SRI) option that avoids investment in companies with fossil fuel reserves. From 30 May 2016, AustralianSuper's three sustainable investment options will be consolidated ...

Divestment integral for better returns

KERRIE SYDEE  |  THURSDAY, 14 APR 2016
Australian investors should be questioning their investments in fossil fuel stocks following the collapse of Peabody, according to Market Forces. The financial activist group said the long-expected bankruptcy of Peabody should serve as a "cautionary ...

International pension fund creates stewardship group

DARREN SNYDER  |  THURSDAY, 24 MAR 2016
One of the world's largest pension funds has established a "Stewardship Enhancement Group" as part of an obligation it sees to increase understanding of responsible investment principles. Japan's Government Pension Investment Fund (GPIF) recently created ...

Crowe Horwath and AVCAL enter education partnership

DARREN SNYDER  |  WEDNESDAY, 23 MAR 2016
A base-level private equity education for Australian Private Equity and Venture Capital Association (AVCAL) members will be run by accountancy firm Crowe Horwath. AVCAL has appointed the Crowe Horwath corporate finance team as the partner of its Private ...

Research shows ethical investing at tipping point

KERRIE SYDEE  |  FRIDAY, 18 MAR 2016
Six million working Australian's are "highly ethically active" according to research conducted by Australian Ethical, which the asset manager said would lead to mainstream products adopting tighter ESG screens. Australian Ethical predicted that the ...

ACE forced to pay $1m for poor Combined sales culture

MARK SMITH  |  FRIDAY, 26 FEB 2016
ASIC has accepted an enforceable undertaking (EU) from ACE Insurance following an investigation into one of its divisions, Combined Insurance. Under the EU, ACE Insurance is required to appoint an independent expert to review Combined's compliance systems ...

Regulators coordinating efforts to protect super

MARK SMITH  |  THURSDAY, 18 FEB 2016
Australia's financial services regulators have committed to coordinating their efforts to ensure that professionals working in the country's self-managed superannuation sector are acting as they should do. In a panel session at the SMSF Association ...

Super funds losing billions to fossil fuels

DARREN SNYDER  |  WEDNESDAY, 10 FEB 2016
Activist group Market Forces has published a report estimating 15 Australian superannuation funds have lost about $5.6 billion on fossil fuel investments since 2014. The recent study also found losses from fossil fuel investments may have cost some ...