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Showing 671 - 680 of 7588 results for "Currently"

ASIC narrows in on private market investments

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... have an ongoing dialogue with APRA's work around the valuation of unlisted assets held by super funds," Constant said. "Currently, APRA-regulated super funds allocate around 20% of their portfolios, on average, to private assets. Some funds have announced ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... guarantee obligations helps to protect employee's superannuation and ensure a level playing field for all businesses." Currently, employers must pay SG contributions into employee accounts at least quarterly and by the 28 th day of October, January ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... executives to express its concerns over death benefit claims processing times across the industry. The regulator is currently reviewing death benefit claims and will release a full report early next year; however, it told super fund chief executives ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... Crumlin who chaired the underperforming Maritime Super for many years prior to its merger with Hostplus. He is also currently the national president of the CFMEU. Cbus said Crumlin has displayed ongoing advocacy for working people. "Paddy has built up ...

Former adviser charged with dishonest conduct

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... is being prosecuted by the Office of the Director of Public Prosecution (CDPP) following a referral from ASIC. He is currently on bail. The CDPP is also investigating him for allegedly providing false or misleading information to ASIC during an examination. ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... retirement outcomes combined with excellent service and personalised care." Interestingly, both CareSuper and MIESF currently run their own administration operations, having prioritised member service as a point of competitive advantage. They noted that ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... Wednesday. Global online brokerage firm AxiCorp specialises in forex trading and contracts for difference (CFDs) and is currently led by chief executive Rajesh Yohannan and chief commercial officer Louis Cooper. Founded in 2007 and headquartered in Sydney ...

UK to follow Australia's lead in creating megafunds

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... UK's Local Government Pension Scheme and Defined Contribution market would hit $2.54 trillion (£1.3tn). However, it currently lacks the size needed to invest meaningfully in certain opportunities, including infrastructure. The government has been undertaking ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... whether the payments to the CFMEU will continue in the future, Fok said it is subject to the independent review that is currently ongoing. "... Once we get those findings, we will look at the circumstance in light of those findings. I'm not in a ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... have only been [introduced] six months ago, and some of these process enhancements that we're undertaking now are currently being rolled out," he said. Platinum received its first strike in the 2023 remuneration report with 59% of shareholders rejecting ...