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| | | The long-awaited Corporate Collective Investment Vehicle regime draft regulation has been released, with consultation to be held until 21 January 2022. Rules for financial reporting, record-keeping, and custody of CCIV assets are some of the measures ... |
| | | | Treasurer Josh Frydenberg announced reforms to proxy advice which includes forcing superannuation funds to disclose detailed voting records. Super funds exercising voting rights on behalf of their members will need to be more transparent with their ... |
| | | | Cbus has come to EISS Super's rescue, after the latter was directed by APRA to merge as soon as possible. Cbus and EISS Super have signed a Memorandum of Understanding to complete a merger next year, with Cbus chief executive Justin Arter saying ... |
| | | | Industry groups have labelled the APRA heatmaps a wake-up call to consumers about the importance of having their superannuation invested in a well performing fund, though there's still doubts as to the accuracy of the regulator's process. The release ... |
| | | | The Financial Services Council released two new standards, one of which helps members abide by the newly mandated advice fee consent requirements. FSC members will need to comply with FSC Guidance Note No. 43 from 1 January 2022, which was constructed ... |
| | | | Home equity retirement funder Household Capital has secured $300 million in financing from IFM Investors and Citi. The securitisation debt facility will allow Household Capital to meet what it has identified as an increasing demand from retired Australian ... |
| | | | Having had separate insurance arrangements to date, next year will see Equip and Catholic Super adopt the same insurer - putting an end to some longstanding arrangements. Effective 1 July 2022, members of Equip and Catholic Super will be covered by ... |
| | | | The battle between Wilson Asset Management and PM Capital over a takeover bid for a LIC heats up as the Takeovers Panel weighs in. PM Capital is urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital ... |
| | | | The integration of IOOF's legacy superannuation and investments platform has now finalised. Proprietary platform Evolve currently houses more than 55,000 clients and $17.5 billion in funds under management. In total, Evolve has about 275,000 adviser ... |
| | | | The Australian Competition and Consumer Commission will not oppose the acquisition of Sydney Airport by a consortium comprising IFM Investors, AustralianSuper and others. The Sydney Aviation Alliance, which consists of IFM Investors, AustralianSuper ... |
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