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Showing 851 - 860 of 17172 results for "industry"

Prime Super calls time on sustainable option

JAMIE WILLIAMSON  |  THURSDAY, 15 MAY 2025
... the SRI Balanced option from its investments lineup, saying its performance failed to meet expectations. The $8 billion industry superannuation fund will close the option on June 4, it confirmed. "After a period of observation, Prime Super has determined ...

Vanguard ETFs claim first, second, and third place for inflows

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
... respectively. Year to date, Vanguard has recorded the highest ETF issuer flows, amassing $5.3 billion, 33.28% of the industry total. Vanguard Investments Australia managing director Daniel Shrimski said that although markets were volatile in April, most ...

Lendlease looks at royal joint venture

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... while retaining the rights for any vertical developments," it said. "Lendlease expects the joint venture will create an industry-leading alliance with deep sector and local experience to accelerate planning and project delivery." Lendlease added an announcement ...

Citco secures powerful backer in global investment firm

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... Citco, a network of independent companies that provide asset-servicing solutions to the global alternative investment industry, has entered a long-term strategic partnership with a large institutional investor. Citco, which has over US$2 trillion in ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... March 2023. ASIC chair Joe Longo claimed that Macquarie's alleged blunders possibly led to the financial services industry "relying on misleading and false information" for over a decade. Macquarie stands accused by ASIC of misreporting data on at ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... been before the Parliament for a little while now and we haven't changed our approach to it," he said. The super industry has been pushing against the policy with the SMSF Association (SMSFA) saying the tax on unrealised gains "punished aspiration". ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
... adds that an overseas recipient may be subject to a law or binding agreement in the case that they are subject to an industry scheme or privacy code that is enforceable. In this sense, Boce said regardless of allegedly determining whether an individual ...

Former Qualitas duo launch funds management shop

ANDREW MCKEAN  |  TUESDAY, 13 MAY 2025
... launching their own building arms to regain cost and program control amid contractor failures and escalating labour costs. Industry commentary refers to this as a "strategic delivery trend" that more developers in South-East Queensland are adopting as ...

TPD claim settlements take 'considerably longer': Rainmaker

MATTHEW WAI  |  MONDAY, 12 MAY 2025
... AIA is second with 23%, followed by MetLife with 19%. There are a total of eight insurers serving the superannuation industry, including ART Life, Hannover Re, MLC, Resolution Life and Zurich.

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
... outcomes for our members," the fund said. Commenting further, HESTA's spokesperson said in recent years the largest industry movements have been successor fund transfers (SFTs), which "even in their most complex form are simpler and faster to execute ...