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Showing 911 - 920 of 4922 results for "CARE"

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... shows. FAR imposes four core sets of obligations on senior staff members and executives: to take act with honesty and with care, skill and diligence; key personnel is responsible for all areas of the business operations; and deferred remuneration and ...

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 ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
The federal government is consulting on proposed superannuation legislation that will enshrine an objective to "preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The Superannuation ...

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 ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
Citi is closing its staff superannuation fund and ceasing all defined benefit funding, saying it's no longer feasible to continue operating. Employees were recently advised the company had given notice to the trustee that it has decided to terminate ...

CareSuper, Spirit Super mandate Iress ahead of merger

ANDREW MCKEAN  |  MONDAY, 28 AUG 2023
CareSuper and Spirit Super have selected Iress to lay the technological foundation for their merger. With the administration function to be in-house, the merged superannuation fund will use Iress' Acurity Registry platform and Acurity Online portal. ...

Evolution Trustees responds to likely wholesale definition change

JAMIE WILLIAMSON  |  FRIDAY, 25 AUG 2023
... strong track record combine to ensure a smooth transition with minimal interruption." "Evolution Trustees takes particular care to ensure wholesale funds are fit for purpose before transitioning them for retail investment."

Tim Unger quits Willis Towers Watson

ELIZABETH FRY  |  FRIDAY, 25 AUG 2023
Tim Unger, the high-profile sustainability head at Willis Towers Watson, has departed after 22 years with the firm. WTW has confirmed the exit but declined to comment further. While sustainability consulting is booming as companies set ambitious goals ...

Women less confident to retire: Vanguard

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... less than their male counterparts, often work in industries with lower wages, take time off to manage home-related issues, care for children, and live longer, Nutter said. "All this means that women need to save or invest more to retire well but have ...

Diverger aims to increase profits via scalability

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
... a national footprint of about 4100 advice, accounting, and other firms, up 8%. It highlighted "substantial inflows" into CARE portfolios of $863 million despite market volatility, now managing $2.7 billion of investor assets. Diverger also noted the ...