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Showing 721 - 730 of 4076 results for "FEW"

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... [and] their voting of proxy shares. I do think though each super fund will be very different in the way it does it, and very few actually hand all of their voting powers to a single entity," she said. MP Andrew Leigh said the Hayne Royal Commission criticised ...

Pinnacle acquires third-party distributor

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... completion, four Winston sales staff will join Pinnacle's retail distribution team which is headed by Ramsin Jajoo who joined a few years ago from Morningstar. "This is an important investment in the continued expansion of Pinnacle's retail distribution ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
... The Royal Commission referred the conduct to ASIC in February 2019 and ASIC filed the case a year later, in March 2020. A few months later, in July 2020, APRA imposed licence conditions on CFSL [which continue and were for separate matters, according ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
Retail and corporate super funds continue to show a poor track record of how they vote on environmental, social and governance matters, new research shows. According to the Australasian Centre for Corporate Responsibility (ACCR), which analysed the ...

Aussie neobank partners with crypto exchange

ELIZABETH MCARTHUR  |  MONDAY, 6 SEP 2021
... "We've been particularly interested to see digital currencies grow in popularity, credibility, and security over the past few years. We believe BTC Markets and Volt are primed to deliver safe and secure banking access to support Australians seeking to ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
The popularity of self-managed superannuation funds (SMSFs) is on the rise with increased establishments and fewer wind ups in the year to June end, data from the ATO shows. There are currently 597,900 SMSFs with 1.1 million members. Throughout the ...

Funds will have to guide members on SRM, LTRM

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... not be a good idea. "I would then say, though, if you've got someone who is going to need most of the money in the next few years, then the short-term is risk measure is actually helpful information to them. If we take it away, there'll be nothing ...

YFYS spurs half to change asset mix

KARREN VERGARA  |  THURSDAY, 2 SEP 2021
... because rates are low does not make sense and conditional correlation is the most important indicator of that," he said. A few years ago, PIMCO looked at Morningstar data over a seven-to-10-year period in a similar vein that the Your Future, Your Super ...

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... their underperformance beyond the 50bps was not disclosed. Neither was the number of funds that may have passed by only a few basis points. Answering the question, Ellis said APRA met its obligations in disclosing the results as it did, and is open to ...

Forrest pitches a green Fortescue to super funds

STAFF WRITER  |  WEDNESDAY, 1 SEP 2021
... green hydrogen and green iron ore with the view of customers switching to them from coal. "Fortescue will come out in the next few weeks with firm s cope 3 emissions targets, and we will discuss on public record how it will help customers," Forrest said. ...