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Showing 581 - 590 of 4545 results for "Cover"

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... unlisted assets in the wake of the Canva writedowns, as well as APRA's oversight of the issue. It's understood the review will cover investments in commercial property, private equity, and credit, as well as the likely liquidity risks associated. Commenting ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
Senator Andrew Bragg has slammed industry super funds, accusing them of channelling $40 million to unions and Industry Super Australia (ISA). Scrutinising mandatory disclosures, Bragg pointed out that AustralianSuper, Cbus, HESTA, Hostplus, TWUSUPER ...

WAM Leaders to make bid for QV Equities

CHLOE WALKER  |  WEDNESDAY, 31 JAN 2024
The investment company, managed by Wilson Asset Management, intends to make an off-market takeover bid for QV Equities Limited (QVL). The offer involves exchanging one share of WAM Leaders for every 1.4675 shares of QVE. Entities associated with WAM ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
... Equality Agency (WGEA) will publish the first set of private sector employer gender pay gaps on 27 February 2024. This will cover 1 April 2022 - 31 March 2023 reporting. While many companies have been reporting this data for some years now, this is the ...

UBS welcomes head of wholesale

CHLOE WALKER  |  THURSDAY, 25 JAN 2024
Thira Ngoeun has been appointed as UBS Asset Management's head of wholesale client coverage, Australia. Ngoeun joins from BNP Paribas Asset Management where he was head of wholesale distribution at BNP Paribas, Australia and New Zealand. In his new ...

Advice group awards mandate to JANA

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2024
A financial advice group with close to $2 billion in funds under advice has selected JANA as its investment consultant. The consulting group's wealth division was awarded a mandate by Alteris Financial Group, effective December 2023. It covers asset ...

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... income protection reduced by 13%, while rates for default and voluntary death and total and permanent disablement (TPD) cover were lower by about 16%. TPD cover, for example, for members aged up to 30 years old now pay 68 cents for every $1000 in annual ...

AMP names new group insurer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
AMP has named a new default insurance provider for its superannuation offering to replace Resolution Life. TAL is the new group insurer for AMP Super Fund, which includes its flagship product SignatureSuper. Commenting on the transition, AMP general ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
Super funds with more than $5 billion in assets under management will have to report on the financial impacts of climate change from 1 July 2026, according to mandatory climate risk reporting legislation proposed by government. Treasury released the ...

Commonwealth Super Corp reworks admin fees

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2024
... added that the current tax rebate on admin and insurance fees will now be retained within the administration reserve to cover costs. Meantime, for CSCri members, which includes Transition to Retirement members, the flat fee is also reducing to $4 a month ...