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Showing 891 - 900 of 7371 results for "System"

Super for housing 'economically reckless': SMC

ANDREW MCKEAN  |  WEDNESDAY, 1 MAY 2024
... pension costs. The Association of Superannuation Funds of Australia (ASFA) said it was disappointed to see the superannuation system being treated as a "political football" in the lead-up to the Federal election, slamming its portrayal as a "silver bullet ...

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... is promising to make Australia a better investment hub for foreigners as it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent". Treasurer Jim Chalmers today released an updated foreign investment policy ...

Vanguard Super lowers fees

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... 65% of the membership is invested in the Lifecycle option; their average age is 40 years old. "As a new entrant in the system observing the state of play, we've found there is no single tool or standardised comparison framework that adequately meets ...

Future Fund deputy CIO jumps to Blue Owl

ELIZABETH FRY  |  FRIDAY, 26 APR 2024
... Clarke added. These include Abu Dhabi's Mubadala Investment Company and the California Public Employees Retirement System (CalPERS). Blue Owl specialises in financing private equity-backed acquisitions, buying stakes in private firms and investing ...

Institutional investors eye increased exposure to Vietnam

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
... a market capitalisation of 120% of GDP, doubling the current 60%. Key initiatives include a new trading and settlement system, with priority directives from the prime minister to relevant ministries. If Vietnam gains emerging market status, 88% of surveyed ...

How to win in today's wealth management industry: EY

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
To outperform in the wealth management industry, leaders must conquer several "underlying challenges" by 2030, according to an Ernst & Young (EY) report. "Overcoming these challenges is vital if wealth managers are to create value for clients, stakeholders ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... to attract rich investors are waiting with bated breath as the government overhauls Australia's "broken" migration system. Recently, Home Affairs minister Clare O'Neill froze the ability of fund managers' Significant Investor Visa-compliant ...

Impact Alpha Partners adds to board

JAMIE WILLIAMSON  |  WEDNESDAY, 24 APR 2024
The budding consulting firm has added the former chief executive of Blue Orbit Asset Management and U Ethical Investors' former head of ethics and impact. Impact Alpha Partners was founded late last year by Andrew Huang, a former senior investment manager ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
Almost 90% of surveyed auditors do not support the government's requirements to implement mandatory climate reporting and assurance on private companies, not-for-profits and companies limited by guarantee, according to a new survey. The survey was conducted ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... Hopkins made 167 unauthorised transactions on 13 of his clients' cash management accounts via Macquarie's bulk transaction system, totalling $2.9 million. Hopkins was sentenced to six years' imprisonment after an investigation and referral of a prosecution ...