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Showing 911 - 920 of 4742 results for "July 1"

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
A class action has been filed against QSuper, claiming it overcharged about 140,000 members for life insurance policies by charging almost all members the same despite differing occupations. Shine Lawyers has filed the action in the Federal Court against ...

Citi launches sustainability-linked supply chain finance

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
Citi launched its first sustainability-linked supply chain finance program in Asia Pacific, aiming to support clients advance their ESG priorities. The supply chain finance programs provide funding to a client's suppliers from the date of collection ...

AustralianSuper adds to board

JAMIE WILLIAMSON  |  MONDAY, 15 NOV 2021
AustralianSuper has appointed a new board member and chair of its investment committee, selecting an expert in property investments. Philippa Kelly has joined the fund, replacing Jim Craig who joined the board in 2017. Craig was also chair of the investment ...

APRA finalises framework for insurance in super

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
APRA has finalised its revisions to guidance on insurance in superannuation, which was made in response to findings from the Royal Commission. APRA conducted extensive industry consultation on this matter over two years. Now, the completion of this ...

Industry fund ups admin fees

JAMIE WILLIAMSON  |  THURSDAY, 11 NOV 2021
The Meat Industry Employees' Superannuation Fund is increasing its administration fees from December 1. Currently, members of MIESF pay $2.35 per week plus 0.10%. From next month, the asset-based component will increase to 0.18%. The weekly account ...

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... remains as is. In total, the advice sector will pay ASIC $72.25 million in FY21, down from $76.13 million it announced in July (these include additional statutory levies). The investment management, superannuation and related services sector will pay ...

Centrepoint partners with Iress

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
Two Centrepoint Alliance subsidiaries have adopted Iress' advice fee consent solution. Matrix Planning Solutions and ClearView Financial Advice will be able to capture fee consent for ongoing service fee agreements via Xplan. They join Colonial ...

Mirae Asset Global Investments adds to team

ANNABELLE DICKSON  |  MONDAY, 8 NOV 2021
The $284 billion South Korean asset manager has made two appointments as it grows its local presence. Olya Zenchenko joins Mirae Asset as marketing manager and Rose Nguyen as an alternative fund analyst. Zenchenko was previously digital marketing manager ...

IFM consortium to take over Sydney Airport

ANNABELLE DICKSON  |  MONDAY, 8 NOV 2021
Sydney Airport has finally agreed to a takeover offer by a consortium led by IFM Investors. The consortium, otherwise known as Sydney Aviation Alliance and including IFM Investors, Global Infrastructure Management, QSuper and AustralianSuper has offered ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
The rise and rise of measured inflation across the globe has had financial markets bring forward rate hike expectations, and for good reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official ...