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Showing 851 - 860 of 34078 results for "Fund"

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
... and safety in our financial services and superannuation sector." In response, Cbus chief executive Kristian Fok said the fund will work with the Australian government to create a stronger, safer retirement system. "We've been really clear about the need ...

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
... fees charged to members of certain AMP superannuation funds, and the interest rates received, and fees charged, on cash-only fund options. It will pay a settlement amount of $120 million. Shine Lawyers also filed a fresh class action against AMP in July ...

'Outdated' law gating teenagers from thousands of dollars in super: Industry

MATTHEW WAI  |  THURSDAY, 11 DEC 2025
... more in her super by 18, which could grow into $11,000 more by retirement with investment returns. Rest, the industry super fund for retail industry workers, is also calling for urgent progress on reforms to financial advice and retirement, as well as ...

AustralianSuper kicks off $1.1bn UK living plan with acquisition

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
... in its larger plan to invest $1.1 billion in the country's living sector over the next 12 months. The $382 billion super fund has acquired the student housing portfolio with over 1600 beds from global real assets manager Harrison Street Asset Management. ...

IFM Investors expands into Canada

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
... The continued global expansion comes after IFM Investors and Nest completed their first UK investments since the UK pension fund took a 10% stake in IFM in February this year. As part of the partnership, Nest committed close to £500 million to seed ...

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
... resolve them. ​We apologise to members who experienced delays during our transition to a new administration provider," the fund said.​ "Since the transition we have worked closely with our administration provider to seek to deliver the level of service ...

Brookfield, sovereign wealth fund sign AI joint venture

JAMIE WILLIAMSON  |  WEDNESDAY, 10 DEC 2025
Brookfield is partnering with a newly established subsidiary of the Qatar Investment Authority (QIA) to fund and develop artificial intelligence infrastructure. Earlier this week, the QIA launched Qai, a dedicated AI company. The aim is for Qai to develop ...

Russell Investments wins two mandates

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
... investment portfolio, which comprises leasehold property, development land, shareholding in Hawkes Bay Airport, an investment fund and other assets. Income generated in the portfolio is used to supplement revenue from rates to support the council's ...

Diversa to 'vigorously defend' ASIC allegations

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
... ASIC's allegations about the role it played in moving $300 million of member money to the failed First Guardian Master Fund, arguing the managed investment scheme was "fraudulent." ASIC has thrown a slew of allegations at Diversa, starting with failing ...

ASIC takes action on Spice Capital Partners, founder

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
ASIC is taking further action against Spice Capital Partners and its founder Colin Oxlade for providing unlicensed financial services and financial product advice that ultimately raised nearly $2 million from investors. ASIC alleges that Oxlade, who ...