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Showing 721 - 730 of 2686 results for "Fair"

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
... insurance claims to act consistently with commercial standards of decency and fairness, ensuring claims are handled in a fair, transparent and timely manner," ASIC commissioner Sean Hughes said. "This case was highlighted by the Royal Commission. These ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
Despite the fairly sunny economic outlook, lower investment returns are a reality that institutional investors will have to grapple with, according to Fidelity International. Fidelity International cross asset investment specialist Anthony Doyle said ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
Link Market Services has been hit with another lawsuit for allegedly failing to protect more investors from the troubled Woodford Equity Income Fund (WEIF). UK law firm Leigh Day is representing more than 4000 clients who invested in the WEIF, which ...

Equity Trustees wins super trustee mandate

KANIKA SOOD  |  TUESDAY, 9 MAR 2021
Equity Trustees has been appointed as the superannuation trustee of a $400 million master trust. The Aracon Superannuation Fund will use Equity Trustees Superannuation Limited as its independent trustee. Aracon is a master plan whose sub-plans include ...

Women don't own fair share of super

ELIZABETH MCARTHUR  |  TUESDAY, 9 MAR 2021
New research from Rainmaker Information has highlighted the stark gender gap in superannuation savings. Despite making up half of the population, women only own roughly 40% of the funds under management in super - equating to approximately $1.2 trillion. ...

Clime, Bristow to face court

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... chief investment officer at Clime for seven months and was with the firm for a total of less than three years. He filed a Fair Work claim against Clime and Bristow in November 2019, claiming he lost his job after raising ethical concerns with Bristow. ...

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
ASIC has commenced civil proceedings against CommSec and AUSIEX in the Federal Court. CommSec overcharged brokerage fees to customers on 120,933 occasions totalling $4,352,194 between August 2010 and February 2020, ASIC alleges and CommSec has admitted. ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... required for short selling is also used for many other purposes such as derivatives hedging, balance sheet optimisation, index fair value and dual-listing relative value transactions." Rennick did not clarify whether he was concerned about funds taking ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... businesses rolling back short-term wage reductions, returning wages to pre-COVID levels. The phased implementation of the Fair Work Commission annual wage review also had a small positive impact on wages." - ABS media release These were Michelle, "ma ...

Channel Capital expands overseas

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
The $16 billion Sydney multi-boutique has launched a Cayman Islands based offshore business, with a new on-the-ground head. Channel Capital Cayman will be headed by Mark Cook, a director for Cayman Islands and other offshore investment funds. The business ...