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Showing 751 - 760 of 6733 results for "Review"

NZ Superannuation Fund names joint CIOs

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... of the fund's investment committee. NZSF chief executive Jo Townsend said Gilmore's departure created an opportunity to review the way the investment team was structured. "Taking into account the projected future growth of the fund and the increasingly ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... part of the Korean Financial Services Commission (FSC) cracking down on short-selling practices following a market-wide review, with indictments being issued against global investment banks. In late 2020, the FSC tightened penalties of illegal stock ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... flagged they were against the report. D'Aloisio said, "we are humbled by the vote against from shareholders and we will...review our remuneration framework and all remuneration arrangements going forward". Some 88% of shareholders voted against adopting ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
Vanguard Investments Australia managing director Daniel Shrimski believes Australians would be shocked to learn how much is being drained from their retirement savings through super fund fees. New research commissioned by Vanguard, conducted by CT Group ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
The retirement bonus received by Brighter Super members just got bigger, with the fund increasing the incentive it pays to retirees who transition to a pension account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% ...

AFCA consults on revised superannuation death benefits

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
... another consultation on superannuation life insurance disputes opened earlier last month. AFCA encourages stakeholders to review the revised approach document on super death benefits, which includes minor clarifications to guidance on handling complaints ...

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
The Federal Court threw out ANZ's appeal against a ruling it breached continuous disclosure laws relating to a 2015 institutional share placement and upheld the bank pay the $900,000 penalty. ASIC took action on ANZ in 2018, alleging it failed to notify ...

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... 14 years at Growthpoint. He remains there as an adviser. The transaction requires approval from the Foreign Investment Review Board (FIRB). If approved, the deal is expected to complete in December. Growthpoint reported a statutory net loss of $298.2 ...

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
GESB, the public sector fund for Western Australia, has had its governing regulations amended to enable its adoption of the 2019 Protecting Your Super reforms - part of a broader suite of changes it's looking to implement to ensure sustainability. This ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... updated in 2022, presented the ASFA 'Comfortable Standard' as $47,217 per year, when the correct figure at the time of the review was $51,630, the research said. Several funds also used fees that didn't match their PDS. Diversa offered a generic calculator ...