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Showing 701 - 710 of 2785 results for "TES"

Morrison & Co launches new fund

ELIZABETH MCARTHUR  |  TUESDAY, 23 NOV 2021
H.R.L. Morrison & Co has launched a new open-ended global infrastructure fund. The Morrison & Co Infrastructure Partnership ('MCO IP'), securing more than US$3 billion in fund commitments and co-investment capital from anchor investors on its ...

Former adviser pleads guilty to fabricating evidence

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
A former financial adviser, who has previously worked for Westpac, Fortnum Private Wealth and Libertas Financial Planning, pleaded guilty to five criminal offences at the Downing Centre Local Court. Ezzat-Daniel Nesseim pleaded guilty to dishonestly ...

APRA moves to force EISS Super merger

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
Protecting members' best interests, APRA has imposed additional conditions on EISS Super's licence - including that it must merge with a larger fund by the middle of next year. The move follows APRA's investigation into expenditure and governance ...

BT confirms changes to super business

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
Financial Standard understands BT is preparing to announce the sale of its superannuation business, with the group confirming changes are underway. Financial Standard understands several roles were made redundant yesterday, with more expected throughout ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
Only a handful of Aussies whose super fund failed the inaugural performance test have taken action and closed their accounts, according to APRA. Analysis by the prudential regulator shows that of the one million member accounts in products that failed ...

AustralianSuper, LUCRF push ahead on merger

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
The boards of $7.4 billion LUCRF Super and $230 billion AustralianSuper have approved a Heads of Agreement as they continue to advance discussions towards a merger. This agreement follows the successful completion of due diligence by the two funds and ...

APRA to disclose MySuper product YFYS test values

JAMIE WILLIAMSON  |  THURSDAY, 4 NOV 2021
In updating its frequently asked questions (FAQs) on the Your Future, Your Super performance test, APRA has confirmed it will publish each MySuper products' test value in the December heatmap. APRA said it intends to publish the performance test ...

AMG Super launches platform, product

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
AMG Super has launched a platform that coincides with unveiling a new superannuation product. AMG Super will migrate existing members and products to the new platform in 2022 as part of a major project that will be rolled out over the next 12 months. ...

CDPP drops cartel charges against ANZ

KARREN VERGARA  |  MONDAY, 1 NOV 2021
The Commonwealth Director of Public Prosecutions dropped charges against ANZ and an executive for their alleged involvement in a criminal cartel case. The CDPP has let ANZ and group treasurer Rick Moscati off the hook as it discontinued proceedings ...

Aussies in the dark over super stapling

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
The majority of Australians are unaware of the effects of the Your Future, Your Super (YFYS) reforms and could potentially be stapled to an underperforming fund for good. The YFYS stapling requirement comes into effect today and will see around one ...