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Showing 751 - 760 of 6587 results for "Public"

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... Super's banking business in December 2021 for $35 million after Catholic Super partnered with Equipsuper under an extended public offer in 2019. At the time, Challenger chief executive Richard Howes said the firm had considered an ADI licence for two ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
... members," the Committee said. It also strongly believes that a legislated objective will serve as a guide for policymakers, the public, and Parliament on the superannuation system's crucial role in preserving, growing, and delivering retirement income. ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... investment chief, seeking "a deeply skilled leader." CalPERS chief executive Marcie Frost said: "Stephen has worked in very public roles during his career for organizations where transparency and resiliency are essential." "He brings not only a wealth ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable to mislead the public and that it had made representations that were false or misleading." Today, Justice O'Bryan found Vanguard broke the ...

Super fund expenditure to be exposed

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
APRA will publicly expose the way superannuation fund trustees are spending and investing members' funds later this year. The move comes after a consultation with the industry in which APRA sought feedback on proposals to treat most of the data it now ...

Best super fund products revealed

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
... meanwhile not-for-profit funds constituted the lion's share at 71%, including 85 products from industry funds, 22 from public sector, and nine from corporate funds. The latest products to receive a AAA rating are: Australian Retirement Trust - QSuper ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
Platinum Investment Management flags it will lose at least $1.4 billion as a partial redemption from institutional clients over the next month, translating to an $18 million hit to revenue. One large client told the fund manager that it intends to rebalance ...

Jo Townsend named chief executive of NZ Super

ELIZABETH FRY  |  WEDNESDAY, 27 MAR 2024
... billion NZ Super. Townsend - chief executive of Funds SA for eight years - left the $42 billion institutional investor of public sector funds in mid-2023. She replaces Whineray who resigned from his role at NZ Super last May after 15 years with the super ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
The legislation housing the first tranche of financial advice reforms that promise to reduce red tape was introduced in parliament today. Some of the recommendations from the Quality of Advice Review (QAR) include amending ongoing fee arrangements (OFA) ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... encourage banks to revisit their crypto-allergy post-licensing of Crypto exchange. Amid greater market adoption and increased public scrutiny, Zeng said it was of the upmost importance for the cryptocurrency industry to prioritise security and data protection. ...