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Showing 71 - 80 of 11347 results for "May"

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... the process. Additionally, the fund is reviewing and finalising investigations into a smaller cohort of beneficiaries who may also be affected. "AustralianSuper is committed to putting members first, but we don't always get everything right and we ...

Australian Unity Office Fund to be wound up

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... an active market for AOF units." Australian Unity said winding up is expected to be completed no earlier than June 2025 and may occur after this time. Approval of AOF unitholders is not required for the winding up.

Trump 2.0 set to boost small and mid-caps: Canopy Investors

MATTHEW WAI  |  THURSDAY, 21 NOV 2024
... Trump's stance on trading with China, Webster said associated businesses will see adversities. "Conversely, certain sectors may face headwinds including global exporters to the US, US importers, and companies with substantial China exposure," Webster ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
... "Trustee boards that rely on incorrect, incomplete or inappropriate data and metrics to monitor performance and make decisions may fail to identify and address significant issues, resulting in consumer harm." ASIC stated that trusteed should adopt consumer-focused ...

ClearView's share price tanks 31%

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... rules. "CVW has never given market guidance for FY25 and takes the view that whilst the $6.2million claims impact on earnings may be outside expectations in Q1, it does not mean that this situation will prevail at the end of FY25 and beyond," the board ...

Blockchain platform MezFi launches

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... investors to a team of originators who will invest it in local Australian and international property developments. "DFT holders may also have the option of transferring their investment prior to the end of the investment term, if MezFi is able to identify ...

Major themes impacting systematic investors

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... continued growth of US mega-cap technology companies has led to increased concentration in the global equity markets which may create unintended risks in multi-asset portfolios," Invesco head of solutions, multi-asset strategies Mo Haghbin said. "Investors ...

Treasury consults on beneficial ownership disclosure reforms

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... As it stands, those with relevant interests in voting shares of an entity amounting to 5% or more of the total votes that may be cast must disclose a 'substantial holding'. Substantial holders must then report any movements in their interests of one ...

Property 'well-placed' for growth: Knight Frank

MATTHEW WAI  |  THURSDAY, 14 NOV 2024
... next year, but flagged one major concern for investors. In its report, Australian Horizon 2025, Knight Frank found that now may be the time to invest in commercial property, particularly well-located core assets, with markets slowly pricing at a "cyclical ...

UK to follow Australia's lead in creating megafunds

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
In what's considered the most significant reforms to the UK retirement sector in decades, the defined contribution schemes of 86 administering authorities will be consolidated and their assets pooled to create megafunds. The UK government plans to introduce ...