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Showing 961 - 970 of 17079 results for "industry"

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... funds' expenditure grew 15% in the year to $12.7 billion. This increase slightly exceeds growth in assets across the industry over the same period, said APRA deputy chair Margaret Cole. "Increased transparency and scrutiny of super fund expenditure ...

Workplace expert joins Aware Super in new role

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... Aware senior leadership team, and the organisation in general," Hill said. Separately, the super fund has welcomed energy industry expert Stephanie McGregor to its direct asset committee. McGregor has extensive executive and regulatory experience in ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... of Challenger, Perpetual, GQG and more - lack the robust performance needed to reclaim market share lost to ETFs and industry funds," the report said. "We expect active managers to face various challenges, including greater scarcity of undervalued securities ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
... auditing standards on three audit files. It found that Islam failed to perform under the SIS Act, the Superannuation Industry (Supervision) Regulations 1994. In late 2022, the Australian Taxation Office (ATO) selected three audits compiled by Islam for ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... advancing marriage equality and gambling advertising reform. He also highlighted efforts to "secure the future of our steel industry" and to "rebuild TAFE." More recently, as assistant treasurer, he pointed to his work on combatting scams, protecting ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... anti-scam and anti-fraud measures, consider if they should allocate a scam (and fraud) management key function, and leverage industry bodies and bilateral relationships to share information and promote improvements across the industry. Industry pushes ...

Bumpy roads ahead for traditional active managers

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
Traditional active managers should expect a rougher path ahead as they face growing challenges from industry superannuation funds, as well as the continued strong flows into exchange-traded funds (ETF), a new report found. According to Morningstar's ...

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... vulnerable moments in members' lives." Chalmers said Treasury will work closely with consumer advocates, regulators and industry stakeholders to develop the standards and the draft standards will be released for public consultation. The Super Members ...

AustralianSuper welcomes AI tech competition

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... a level of 'imprecise confidence' and 'various assumptions' regarding what is required to succeed in the emerging AI industry. This does leave open the risk of significant and quick changes to such assumptions," Padowitz said. "In addition, while AI ...

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025
... Australia may see a ban. Three of the Big Four accounting houses - Deloitte, KPMG, and PwC - support a ban, as do the major industry associations. Specialist fund manager Impax Asset Management, which invests in the net zero transition with US$46.7 billion ...