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Showing 6101 - 6110 of 28263 results for "NOT"

Defined benefit fund in SFT

ELIZABETH MCARTHUR  |  FRIDAY, 23 APR 2021
A defined benefit fund with $77 million in funds under management is completing a successor fund transfer to a Mercer subplan. Factory Mutual Insurance Company Superannuation (FMIC) members and assets will be transferred from the existing fund to a ...

Pahari to leave AMP amid demerger

JAMIE WILLIAMSON  |  FRIDAY, 23 APR 2021
... business from AMP Limited and list it separately on the ASX, confirming discussions with Ares yielded no outcome; "we have not been able to reach an agreement that would deliver appropriate value for our shareholders". As part of the demerger, former ...

Perennial establishes ESG boutique

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021
Perennial Partners has spun its ESG team and flagship ESG fund into a separate boutique investment business. Perennial Better Future will include the Perennial Better Future Trust and the associated active ETF, the eInvest Better Future Fund (IMPQ) ...

Senate report on YFYS reforms delayed

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... update" on the release of the draft regulations for the bill. "Given that details of the full impact of the YFYS Bill are not yet clear we are concerned there is now insufficient time for considered debate of the YFYS Bill," the three associations said ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
The coalition has hinted that it will not eradicate commissions paid on life insurance products, acknowledging that financial advisers' bottom line has struggled since the introduction of the Life Insurance Framework reforms. While the government's ...

Super top ups increase: Survey

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... a two-and-a-half times increase in engagement. Finder Banking and investment editor Alison Banney said Australians should not be under the impression that an unsupplemented super balance alone will be enough for a comfortable retirement. "Women (25%) ...

MSCI launches life sciences indices

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... its Climate Value-at-Risk (Climate VaR) tool, scope 3 emissions (indirect greenhouse gas emissions generated from sources not owned or controlled by a reporting entity) data and green revenue. The index provider said: "Thematic investing is not a sector ...

ASIC opens breach reporting consultation

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
The corporate regulator is seeking stakeholder feedback on updates to draft guidance on breach reporting reforms that aim to reduce industry misconduct. ASIC's draft guidance is based on reforms made to the breach reporting regime under the F inancial ...

Former adviser pleads guilty over million-dollar super theft

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... applications for one-off advice fees to Nulis for providing financial services to his clients. ASIC said the services were not provided and the fees were instead rebated to his clients facilitating unlawful early release of their superannuation benefits. ...

Guild Super chooses new administrator

ELIZABETH MCARTHUR  |  THURSDAY, 22 APR 2021
Guild Super, the $1.8 billion retail fund catering to childcare workers, has chosen a new administrator which it says will enhance member experiences. Guild Super, which also trades as Child Care Super and offers Guild Pension for retirees, will switch ...