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Showing 681 - 690 of 2710 results for "SEPA"

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
Hostplus was grilled about its relationship with IFM Investors at a parliamentary hearing that sought to uncover any evidence of collusion and anti-competitiveness. MP Tim Wilson, who chaired the Standing Committee on Economics hearing on common ownership ...

Australian Ethical makes strategic investment

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
Australian Ethical has made a strategic investment in Main Sequence, a deep technology investment fund founded by the CSIRO. Main Sequence welcomed the investment, saying that it will apply venture capital to play a role in solving challenges in health ...

Statewide Super increases premiums

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
The $12 billion industry fund is upping insurance premiums from November. The fund, and its group insurer MetLife, communicated to members that from November a series of changes will be made to their insurance. These include an increase to premiums ...

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
The take up of managed accounts continues to grow with the industry growing $15.8 billion in the last six months to $111 billion, new research shows. The Institute of Managed Account Professionals (IMAP) and Milliman's latest Managed Accounts FUM Census ...

Swell AM launches retail trust

ELIZABETH MCARTHUR  |  TUESDAY, 14 SEP 2021
Swell Asset Management, a high conviction global equities boutique, has launched a retail trust. The Swell Global Fund replicates the group's existing absolute return strategy, which recently surpassed $100 million in funds under management. In the ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The Federal Court has found Colonial First State misled members of its FirstChoice Fund on at least 12,978 occasions over nearly two years in relation to switching to its MySuper product. The court found CFS's communication (via letters and calls) ...

Family law super reform passes

ANNABELLE DICKSON  |  FRIDAY, 3 SEP 2021
The government has passed legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. Treasury Laws Amendment (2021 Measure No. 6) Bill 2021 (Schedule 5) allows the ATO to share information when an individual ...

AMP tweaks executive lineup

JAMIE WILLIAMSON  |  FRIDAY, 3 SEP 2021
AMP has announced several changes to its leadership team, including the departure of its group executive of people. Just weeks into her new role as chief executive of AMP, Alexis George has restructured the leadership of the business' banking, technology ...

Short-termism damaging climate outcomes

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
Despite responsible investing becoming the new normal, a panel of experts have argued that short-term thinking is allowing companies to get away with actions that are out of line with action on climate change. Speaking at the Australian Institute of ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
The financial adviser exam pass rate continues to dwindle as less than two-thirds of financial advisers passed the July exam sitting. The Financial Adviser Standards and Ethics Authority announced yesterday that 60% of the 1963 candidates passed the ...