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| | | APRA has launched a second round of consultations on the capital framework for longevity products in a bid to tackle the "weak demand" for such products including annuities. The prudential regulator has released several proposals in the next stage of ... |
| | | | ... time a Canadian manager has been sued for alleged mismanagement of climate risk. In July 2018, an individual member took super fund Rest to court, claiming it was unclear what the fund was doing in response to climate change. In 2020, the case was dismissed ... |
| | | | MLC Super chief executive Dave Woodall said MLC hopes to have cracked the top three superannuation funds in terms of size as part of its 2030 strategy. Speaking at a client event this morning, Woodall said the transition back to the MLC brand was the ... |
| | | | The Actuaries Institute has released a proposed framework for closing the financial advice gap in Australia. The Actuaries Institute Help, Guidance and Advice (HGA) Working Group undertook extensive research and consultation to examine how different ... |
| | | | ... Christmas" under a "unitholder-first deal." Keystone was the responsible entity for Shield and invested a significant amount of super money into the Advantage Diversified Property Fund (ADPF). In December 2024, Keystone was ordered to be wound up. Under ... |
| | | | The government is investing over $250 million to support investment and the economic growth of Southeast Asia. Announced at the ASEAN Indo-Pacific Forum in Kuala Lumpur this week, Prime Minister Anthony Albanese said the government will invest $175 ... |
| | | | The man responsible for auditing United Global Capital and its two managed funds has had his company auditor registration torn up after he was found to have 'continuously failed to undertake basic audit work' that could have saved millions in SMSF investors' ... |
| | | | ... done without an investor vote, leading to backlash from other major investors including AustralianSuper, UniSuper, Aware Super and HESTA. CalPERS, CalSTRS and the Florida State Board of Administration lodged proxy votes with Glass Lewis, calling for ... |
| | | | ... Daniel Mulino for financial assistance under Part 23 of the SIS Act on October 24. Part 23 of the SIS Act enables regulated super funds to make applications for financial assistance where they have suffered a loss due to fraud or theft, and the fraud ... |
| | | | ... such as the Direct Income Fund, Income Opportunities Trust, Real Estate Multi-Strategy Fund and Master Income Trust, to super members. Meanwhile, in July the Vertium Equity Income Fund, WCM Quality Global Growth Fund and the OC Dynamic Equity Fund were ... |
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