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Showing 61 - 70 of 378 results for "Safeguard"

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... Gordon's head of class actions. "This is about justice for ordinary Australians. These are people who trusted AMP to safeguard their retirement savings - and instead lost thousands of dollars." Meantime, Maurice Blackburn's national head of class actions ...

Future Fund bags a piece of Transgrid

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... investment in Transgrid aligns with the $240 billion sovereign wealth fund's risk and return objectives and will help safeguard the portfolio from higher inflation, interest rates, and currency volatility. Future Fund director of infrastructure Peter ...

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
Collapsed cryptocurrency exchange FTX is set to pay out US$5 billion to creditors starting May 30. The proceeds will be distributed via the FTX Recovery Trust to eligible creditors either on BitGo or Kraken. This is the second round of distributions ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
Super Members Council (SMC) has submitted a paper in response to the Australian Securities and Investments Commission's (ASIC) discussion paper, outlining how superannuation investments in the private sector can drive long-term financial system stability ...

Super funds put foot down on Woodside

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
... strategy and safety outcomes. "Woodside remains on our watchlist as we push for stronger climate action designed to safeguard long-term shareholder value," Brunton said. "We remain concerned that Woodside has no formalised net zero target, that its scope ...

Sidra Capital expands in Australia

KARREN VERGARA  |  THURSDAY, 24 APR 2025
... investment provides quarterly income distribution and a stable fixed yield. The fund uses FX hedging strategies in a bid to safeguard both capital and income. Sidra vice chair Ghassan Soufi said: "We remain cautiously optimistic about opportunities in ...

Hostplus limits investment options

ELIZA BAVIN  |  FRIDAY, 11 APR 2025
... receive your PMB, if eligible," Hostplus said. "Based on the actuary's advice, the fund is taking responsible steps to safeguard this important safety net. By carefully limiting new investments into these three higher-risk options, we're helping to protect ...

'Crises happen': Investors reminded to stay calm

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
... remains in super for many years enables short-term losses to be recouped." Linden said while it is natural to want to safeguard savings, moving money around during volatile times can have the opposite effect. "It's natural for everyone to want to understand ...

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... AustralianSuper said. "Keeping members' money and data safe is our highest priority and we have taken immediate steps to safeguard members' accounts."

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
The spate of cyberattacks targeting major Australian superannuation funds has laid bare a "critical vulnerability" in the sector's defences, according to financial services cybersecurity consultancy firm Software@Scale. The attacks, which have so ...