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Showing 721 - 730 of 4600 results for "RAISE"

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
ASIC is warning super trustees to ensure they communicate upcoming performance test outcomes correctly to members, saying some of the funds that failed the test last year also failed to adequately inform members. The regulator has reviewed the performance ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
ASIC has released long-awaited regulatory guidelines relating to the registration and licensing requirements for Corporate Collective Investment Vehicles ahead of its July 1 implementation date. The information sheet (INFO 272) and report (REP 728) ...

Apollo secures Hostplus mandate

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
... an Asia Pacific credit strategy. The new credit strategy launches with US$1.25 billion in assets, following an inaugural raise that included a $500 million anchor commitment from Apollo's insurance balance sheets and Hostplus. The strategy is designed ...

Centuria sets up new agriculture fund

CHLOE WALKER  |  THURSDAY, 23 JUN 2022
... agricultural operators as well as association agri-logistics assets with favourable lease terms. The manager is hoping to raise $103 million to launch the fund, it said. "CAF intends to carefully partner with select operators who have a strong track-record ...

Brookfield raises record amount for ESG fund

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
Brookfield has raised US$15 billion from institutional investors for its Global Transition Fund, making it the largest fund of its kind. Brookfield reached the final institutional close for the fund, amassing US$15 billion from more than 100 public ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
... previous government." As previously reported by the Financial Standard, The Fair Work Commission recently announced it would raise the minimum wage to 5.2% come July. A corresponding Fair Work Commission statement said: "The Panel decided to provide ...

Former adviser wins appeal, convictions quashed

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
A former adviser who was found guilty of fraud and sentenced to 12 years in prison in 2019 will have his case retried, having successfully argued there was a miscarriage of justice. Ben Jayaweera was a financial adviser and director of now-defunct Growth ...

Carbon transition and MBFID: Is it possible to meet both?

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
About 70% of delegates to the Australian Institute of Superannuation Trustees' ASI Conference would still acquire new fossil-fuel based assets for the purpose of transitioning them - but is it in members' best financial interests? Polled during a panel ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
The Fair Work Commission has today announced a 5.2% increase to the minimum wage which will come into effect from July. The Fair Work Commission has announced that the new minimum wage will be $812.60 per week or $21.38 per hour. The commission panel ...

ASIC helps issuers avoid greenwashing

CASSANDRA BALDINI  |  TUESDAY, 14 JUN 2022
... Association Australasia's (RIAA) has welcomed the regulator's guidance, saying it will help investment managers to raise the overall quality of sustainable finance products in Australia and to better meet consumer expectations. RIAA chief executive ...