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Showing 71 - 80 of 2336 results for "Fair"

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
In a first-of-its-kind case, ASIC is taking AustralianSuper to court over its failure to properly monitor and consolidate multiple accounts on behalf of members for close to a decade. In May, AustralianSuper announced it would be refunding close to ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... jobs market is loosening, wage growth remains contained and that inflation has continued to fall," they said. "It would be fair to judge that, at this stage, the economy is tracking in what the governor has previously described as the narrow pathway ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
ASIC is suing Westpac for neglecting more than 200 customer hardship requests over seven years, for which the bank blames "technology failure". ASIC commenced civil penalty proceedings in the Federal Court, alleging that Westpac failed to respond to ...

Alternative real estate is on the rise: AXA

CASSANDRA BALDINI  |  TUESDAY, 29 AUG 2023
The significance of alternative real estate in portfolios is growing, with aged care facilities, hospitals, build-to-rent properties, and renewable energy projects presenting a strong investment case. Speaking at the Australian Institute of Superannuation ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
A panel discussion at the AIST Superannuation Investment Conference (ASI) delved into the performance of private credit markets and highlighted nascent investment opportunities. QIC head of multi-sector private debt Phil Miall, IFM Investors executive ...

Unlisted asset valuation flaws complicate comparison

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... Investment Conference (ASI) on the Sunshine Coast this morning that "valuations are never perfect" making it challenging to draw fair comparisons between different funds' valuation methodologies. He said the variability in how funds value assets ...

Rest closes investment options, shifts allocations

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
Rest is closing its bonds and shares investment options to new members as of September 30. The $75 billion industry super fund said any request by existing members to switch funds into the bonds or shares options must be received by September 27. However ...

JPMAM launches two active ETFs

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
J.P. Morgan Asset Management has unveiled two active exchange-traded funds (ETF) that will be available on Cboe Australia. JPMorgan Income Active ETF (JPIE) is an active fixed income strategy aiming to generate consistent income with lower volatility ...

ASIC renews leadership team

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... enforcement. Tom O'Shea has been appointed as senior executive leader, enforcement inquiries and compliance. He joins from the Fair Work Ombudsman with over 10 years' experience as an enforcement regulator. Within the regulation and supervision team ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... decrease when compared to the preceding year. Dexus said the shift from FY22 profit of $1.6 billion was down to $1.18 billion of fair valuation losses incurred on its investment properties, due to a reduction in capitalisation rates across the portfolio. ...