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Showing 761 - 770 of 3206 results for "Power"

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
The Federal Court has imposed combined penalties of $4 million on Statewide Super for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required. Between 2017 and 2020, Statewide ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
The wealth of Australia's 47 billionaires has doubled to $255 billion in the last two years, according to anti-poverty charity Oxfam. A briefing published today by Oxfam, Inequality Kills, has warned of the deadly nature of the world's growing ...

Strongest quarter for BlackRock

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
The organic growth of the world's largest asset manager, BlackRock, shows no signs of wavering - with the investment giant reporting a strong fourth quarter of 2021. "BlackRock delivered the strongest organic growth in our history, even as our assets ...

Not all tech created equal: Principal

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... FAANGs (Facebook, Apple, Amazon, Netflix, and Alphabet (Google), who already generate huge cash flows, exhibit strong pricing power, and offer impressive earnings delivery, should be significantly more resilient. "Investors have been rewarded by the ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
Global investment platform Praemium has released key results in the December 2021 quarter, boasting record total funds under administration on both a domestic and intentional front. Key milestones from the quarterly report include inflows of $1.25 billion,including ...

Investors reveal strong appetite for real estate in 2022

CHLOE WALKER  |  THURSDAY, 13 JAN 2022
INREV's 2022 Investment Intentions report finds that institutional investors plan to deploy at least €68.2 billion into global real estate this year. The Investment Intentions Survey, published annually by the European Association for Investors in ...

Aware Super leads on climate action: IGCC

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
... not taking its environment, social and governance responsibilities seriously, research shows. Rainmaker found that the "power hitters" in the ESG space include Australian Ethical, Cbus, AustralianSuper, Aware Super, HESTA, Active Super and UniSuper. ...

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
... regulators to bring about improvements in superannuation fund performance, but members should never forget they also have the power to make decisions that will better secure their future in retirement," Cole said. She urged members in the underperforming ...

ASIC unveils details of FSCP operations

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
... financial advisers can expect next year. Set to commence on 1 January 2022, the FSCP under the Better Advice Bill will have the power to direct financial advisers to undertake specified training, counselling or supervision and report certain matters ...

Pension scheme, UBS divest energy companies

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
... working towards a low carbon economy. Nest and UBS AM have sold shares in Exxon Mobil, Imperial Oil, Kepco, Marathon Oil and Power Assets because of their lack of progress in managing climate change risk. The decision follows three years of engagement ...