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Showing 671 - 680 of 18719 results for "ACT"

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
... proceeding in the Supreme Court of NSW against Fiducian Investment Management last month. ASIC is alleging Fiducian failed to act with care and diligence as the responsible entity of the Diversified Social Aspirations Fund in relation to its description ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... recommendations to set up an SMSF. Only 38 files demonstrated compliance with the longstanding obligation for advisers to act in clients' best interests. For clients that were given improper advice, ASIC concluded that advisers were not basing all judgements ...

Member engagement lies in rewards, gamification: Whitepaper

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
Superannuation funds should be more innovative in boosting member engagement by offering tangible rewards and benefits that can lead to meaningful, repeatable interactions, according to a new whitepaper. The paper published by ASX-listed customer engagement ...

ASIC considers 'cooling off period' for super switching

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
ASIC chair Joe Longo has said introducing "frictions" into the super switching process could help avoid a repeat of the First Guardian and Shield "catastrophe". "No one wants to preside over a problem like this if there are some potential solutions. ...

Colonial First State, AIA agree $140m class action settlement

JAMIE WILLIAMSON  |  WEDNESDAY, 5 NOV 2025
Colonial First State and AIA Australia will pay a combined $140 million to settle a class action lawsuit brought by hundreds of thousands of super fund members who paid excessive insurance fees. The class action was launched by Shine Lawyers in January ...

Damian Graham jumps to Challenger

ELIZA BAVIN  |  WEDNESDAY, 5 NOV 2025
Challenger has announced the appointment of Damian Graham to the new role of group chief investment officer, effective January 2026. The group chief investment officer position is a new role that will integrate investment teams from Challenger Life ...

RBA on hold but 'not as hawkish as feared'

ELIZA BAVIN  |  WEDNESDAY, 5 NOV 2025
... have rebuilt margins. "If inflation remains elevated in 2026 and does not come down on a quarterly basis, the RBA may need to act."

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... superannuation size also mean, though, that unexpected shocks, such as to liquidity or operations, would mean super funds have to act quickly in ways that might amplify stress."

Paradice lists mid cap strategy as ETF

ANGELIQUE MINAS  |  WEDNESDAY, 5 NOV 2025
Paradice Investment Management has launched an active ETF focused on Australian mid cap stocks on Cboe. Established in 2006, the fund's strategy has delivered actualised returns of 9.79%, outperforming its benchmark by 2.55% per year. Currently, the ...

Feature: Retirement | The right mix

LACHLAN COLQUHOUN  |  WEDNESDAY, 5 NOV 2025
There are many myths about retirement, and one of the most common is that people will run out of money. Even as Australians live longer and many spend up to three decades of their lives retired, the Retirement Income Review (RIR) found the typical retiree ...