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| | | The corporate regulator is delaying RG97 fee and disclosure requirements for two years as a result of COVID-19. ASIC said it is pushing back the timeframe when superannuation funds and managed investment product issuers are required to update their ... |
| | | | The bill to increase the maximum number of self-managed superannuation (SMSF) members from four to six has been reintroduced in the Senate. The bill amends the SIS Act, Corporations Act, ITAA 1997 and Superannuation (Unclaimed Money and Lost Members) ... |
| | | | The $161 billion sovereign wealth fund today reported a return of -0.9% for FY20 and increased its cash holdings by about $11.8 billion in the three months since March end. This is the Future Fund's second year of negative returns in its 15-year life ... |
| | | | Unlisted asset valuations, early release of superannuation and heatmaps are some of the key areas APRA will prioritise over the next 12-18 months. COVID-19 has forced APRA to reassess the urgency of a number of key initiatives affecting superannuation ... |
| | | | First Sentier Investors (FSI) announced it has acquired a 40% stake in Terra-Gen from Energy Capital Partners (ECP). New York-based Terra-Gen develops, constructs, and operates utility-scale wind, solar, energy storage, and geothermal electrical generation ... |
| | | | The $54 billion construction industry fund is planning to cut 45% of absolute portfolio emissions by 2030 and is aiming for net zero emissions by 2050 by removing high-risk climate holdings. Under Cbus' new Climate Change Roadmap, the fund will develop ... |
| | | | This year is the first time financial advisers have been less optimistic than retail investors, with advisers only anticipating capital gains of 1.3% over the next 12 months from local shares. That's according to the latest data from Investment Trends ... |
| | | | Roar Software has added two new executives to its leadership team, as it announces a partnership with global actuarial management consultant Milliman. Darren Pettiona has been appointed chair, while Simon Bishop has nabbed a role as a national sales ... |
| | | | ESG funds tallied up record inflows and touted better-than-market returns in the COVID-19 downturn but new academic research says there is no evidence that ESG scores contributed anything beyond traditional models. In ESG Didn't Immunize Stocks Against ... |
| | | | Challenger has launched a new lifetime annuity with payments linked to the cash rate. The RBA Cash Linked option is the first lifetime annuity in Australia to be linked to the cash rate, according to the firm. Challenger also offers lifetime annuities ... |
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