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Showing 41 - 50 of 6863 results for "Act 1993"

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Treasury is addressing benchmarking-hugging incentives encouraged by the superannuation performance test in a new round of consultations that aim to overhaul several "unintended consequences" it has created over the last five years. Treasury acknowledges ...

TelstraSuper did fall foul of IDR obligations: Federal Court

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
TelstraSuper failed to respond to many complaints within the mandated 45-day period and, in some cases, failed to justify the delay or inform members of their right to complain to the Australian Financial Complaints Authority (AFCA), the Federal Court ...

Magellan confirms job losses

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
Magellan has confirmed "a number of roles" will be impacted after it outsourced its global equities strategy earlier this week. The Magellan Global Fund - Open Class Units - Active ETF (ASX: MGOC) and the Magellan Global Fund Hedged investment strategy ...

Magellan awards $5.3bn global equities mandate

ELIZA BAVIN  |  TUESDAY, 5 MAY 2026
Magellan Financial Group has announced proposed changes to the investment management arrangements for its global equities strategy. The Magellan Global Fund - Open Class Units - Active ETF (ASX: MGOC) and the Magellan Global Fund Hedged investment strategy ...

FEATURE: Fixed income | Adjusting the lens

PENNY PRYOR  |  TUESDAY, 5 MAY 2026
US President Donald Trump's 'Operation Epic Fury' in the last days of February brought fixed income back into the spotlight almost overnight. As investors flew out of equities into March, fixed income was one of the chief beneficiaries of ...

Unpaid super costs workers $24.4bn: SMC

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
Australians missed out on $24.4 billion in unpaid superannuation in the past five years to 2023, reinforcing the need for Payday Super, the lobby group says. New analysis from Super Members Council (SMC) found one in four workers were underpaid super ...

Pengana plots AI-focused LIT launch

KARREN VERGARA  |  MONDAY, 4 MAY 2026
Pengana Capital Group said it will launch an artificial intelligence-focused listed investment trust (LIT) targeting wholesale and advised investors. The proposed LIT will focus on equity securities of private, non-publicly traded companies that are ...

Lazard AM launches emerging market fund to retail sector

KARREN VERGARA  |  MONDAY, 4 MAY 2026
Lazard Asset Management (LAM) has launched an emerging markets equity fund to retail investors. The Lazard Emerging Markets Equity Advantage Fund, which uses a quantitative solution and systematic investment process, is now available to retail investors. ...

Treasury consults to align company minimum tax

MATTHEW WAI  |  MONDAY, 4 MAY 2026
Treasury is currently seeking feedback in making several changes in the Taxation (Multinational-Global and Domestic Minimum Tax) Act 2024, as it aims to be consistent with the rules from the Organisation for Economic Co-operation and Development (OECD). ...

Major UK pension reforms passed

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2026
The UK has passed legislation requiring pension schemes to prove they're delivering value for money or face consolidation and enables automatic merging of multiple pension pots. The Pension Schemes Bill was passed into law on Wednesday, which will kickstart ...