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Showing 691 - 700 of 7961 results for "Total"

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... the retirement savings of those working via labour hire companies. In 2022, APRA sustainability metrics showed MIESF had a total account growth rate (three-year average) of -9.23%, the fourth largest decline across all registerable superannuation entities ...

Lack of action on menopause driving gender inequity

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2024
... billion a year in terms of recruitment and productivity. Meantime, in managing their symptoms, about 30% have used up their total leave entitlements. One of the factors that has hindered support for those experiencing menopause and has contributed to ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... enforcement powers. As it stands, those with relevant interests in voting shares of an entity amounting to 5% or more of the total votes that may be cast must disclose a 'substantial holding'. Substantial holders must then report any movements in their ...

AFCA names and shames in fresh Datacube release

ELIZA BAVIN  |  THURSDAY, 14 NOV 2024
... followed by Australian Retirement Trust with 568 and Cbus with 493. Super fund trustees were responsible for 6288 of the total complaints. The majority of which (2034 or 56.93%) were around account administration issues. A further 1047 were around group ...

CFS expands managed accounts offering

MATTHEW WAI  |  WEDNESDAY, 13 NOV 2024
... Price, CBRE Investment Management, ClearBridge, and Lazard Asset Management can now be found on CFS Edge. This takes the total number of managed accounts to more than 150. Some $14 billion is housed across the Edge and FirstChoice platforms. CFS also ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... general meeting (AGM). However, 98% of shareholders voted against a board spill. The board said it has substantially reduced total variable remuneration and redesigned the framework for key executives by 59% compared to the previous financial year as ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... impaired assets were marginally higher at $8.8 billion, around $100 million up on the end of June 2024, representing 0.63% of total committed exposures. This comes as CBA also released its Household Spending Insights (HSI) Index which showed an increase ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... about 505,000 teenage workers are denied Superannuation Guarantee contributions, which equates to about $368 million in total super contributions a year. Under current legislation, workers under the age of 18 are denied compulsory Superannuation Guarantee ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
The Australian Financial Complaints Authority (AFCA) revealed some of the most common systemic issues it saw in the second half of FY24, including continued non-compliance with the Protecting Your Super regime. According to the Systemic Issues Insights ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG principles. Invesco Advisers was charged with willfully violating the Investment Advisers ...