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| | | 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 ... |
| | | | ... 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 ... |
| | | | HESTA chief executive Debby Blakey has said the super fund has been engaging directly with MinRes regarding its recent governance failures and "remains disappointed" with the company's responses. "Our concerns include that the managing director's ... |
| | | | ... we reported our second strongest revenue performance ever and a full-year cash profit of $6.7 billion, helping deliver a total return of 27% for shareholders," Elliott said. "This was also a pivotal year for the group given the successful acquisition ... |
| | | | National Australia Bank (NAB) reported lower net profit and cash earnings in FY24, down 6.1% and 8.1% respectively, but recorded its highest dividend payouts of the past five years. Shareholders received a final dividend of $0.85, which takes the full ... |
| | | | ... Betashares highlighted the boom in ethical themed ETFs seen in 2023. At the time it said momentum was likely to continue. Total FUM in ethical ETFs soared 24% in the year, and by the end of 2023, ethical, responsible and sustainability themed ETFs held ... |
| | | | ... advisers and the other half from groups with more than 50. Meanwhile, the list welcomed 15 first-time honorees, bringing the total alumni count to 267. The newcomers include: Family Wealth Advisory founder and managing director Michael Bova UniSuper ... |
| | | | ... went public to the Conduit funds. The regulator said that, contrary to what JPMS told investors, a JPMorgan affiliate had total control over those funds, with the SEC saying this exposed investors to market risk and the value of certain shares fell significantly ... |
| | | | ... "The amount of customer financial loss reported during the reporting period was approximately $286.4 million, impacting a total of 2.9 million customers," the report said. "This was much lower than the previous reporting period, primarily due to a decrease ... |
| | | | ... ($12.4m), Aware Super ($10.7m), Cbus ($8.7m), UniSuper ($5.9m), Rest ($5.2m), and AustralianSuper ($4.2m) followed suit. A total of 17 super funds provide an intra-fund advice offering. The rest comprised AMP Super Fund ($1.9m), Hostplus ($1.9m), LGIAsuper ... |
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