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Showing 861 - 870 of 6290 results for "Superannuation Fund"

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
While adding a new head of portfolio management and chief operating officer for investments, Aware Super has lost one of its key portfolio managers to an asset consultant. Evidentia Group has appointed Jo Cornwell as head of manager research and a member ...

FSCP issues slap on the wrist to adviser

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... maximum amount allowed without underwriting. "Although the clients held life and TPD insurance in their existing superannuation fund, the relevant provider failed to consider their existing insurance or conduct an insurance-needs analysis," the panel ...

APIR reports surge in new financial products

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
APIR Systems has noted a significant rise in the registrations of new financial products, particularly of managed funds and managed accounts. According to APIR chief executive Chris Donohoe, while product registrations were slightly down from the previous ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... "misleading conduct and misrepresentations to the market relating to claims it was an ethical and responsible superannuation fund." "Active Super represented on their website that they eliminated investments that posed too great a risk to the environment ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
Given Australia's economic status, the government has been urged to liquidate the $250 billion Future Fund and pay down its $896 billion debt. According to a paper published by the Centre For Independent Studies, penned by Dimitri Burshtein, the ...

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
The government opened fresh consultation on its plans to introduce new licensing exemptions to foreign financial services providers. Treasury has opened consultation on Treasury Laws Amendment (Measures for Future Bills) Bill 2023: Licensing Exemptions ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
The $2.7 trillion managed investment scheme industry is set for a shakeup as a new review is proposing changes that include amending financial thresholds, and liquidity and insolvency requirements. Assistant treasurer Stephen Jones has opened consultations ...

Cbus appoints new head of portfolio strategies

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
... AustralianSuper. Leigh Gavin was appointed as the head of portfolio management, a role conceived to drive the superannuation fund's five-year strategy, aiming to internalise over 50% of assets under management and bolster global investment partnerships. ...

Industry fund chief named Fund Executive of the Year

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
The chief executive of Australia's second largest industry superannuation fund has taken out the FEAL Fund Executive of the Year award. Australian Retirement Trust (ART) chief executive Bernard Reilly has received the accolade, recognised for his role ...

Former director pleads guilty to super misuse

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... pleaded guilty to misconduct charges after he encouraged investors to move their super into a self-managed superannuation fund (SMSF) to lend those funds to his two companies. Naseeruddin admitted guilt to two charges of dishonest conduct and two charges ...