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Showing 1 - 10 of 2906 results for "April 2012"

ASIC slams funds' serious deficiencies over advice fee charges

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
A review by ASIC has found evidence of poor oversight of advice fee deductions by superannuation trustees, with some allowing charges of up to $20,000 before raising concerns and some not conducting any checks of advice documents at all. ASIC is calling ...

UniSuper outage continues, no cause identified

JAMIE WILLIAMSON  |  TUESDAY, 7 MAY 2024
The super fund plans to begin restoring services later this week, though chief executive Peter Chun has told members the root cause of the outage remains unknown. UniSuper's systems, including its app, have been down for about a week now, with members ...

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
The superannuation performance test has several shortcomings that must be addressed in Treasury's latest round of consultation so it is fair and sustainable, the Actuaries Institute Summit heard. Mercer associate Kieran Chu said while the Your Future ...

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
ASX chair Damien Roche has announced former APRA chair Wayne Byres will join the ASX board, effective today, as non-executive director. Roche said he was delighted to welcome Byres to the board, and he looked forward to "drawing on his deep financial ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
Mercer Super has launched a new corporate superannuation plan for employers of all sizes called Mercer Business Super. Mercer Super chief executive Tim Barber told Financial Standard that historically, Mercer Super Trust's "bread and butter" has been ...

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
Brighter Super is shuttering both of its responsible investment options, saying it is in the best interests of members. It comes as the fund streamlines its investment menu to offer just one set of options. Following a review of its investment options ...

Antipodes acquires boutique manager

KARREN VERGARA  |  MONDAY, 29 APR 2024
Antipodes has acquired a fund manager specialising in Asian equity and fixed income strategies that has about $170 million in assets under management. Premium Asia Funds Management is now part of Antipodes' stable, transferring three strategies ...

Schroders chief flags retirement

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
Schroders group chief executive Peter Harrison will retire next year, but he'll continue to serve as a director while the firm searches for his successor. Harrison joined Schroders in March 2013, serving as global head of investments before becoming ...

JANA appoints new director of client development

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
JANA Investment Advisers has announced the appointment of Habib Chebli as director, client development. Chebli will be based in Melbourne and will be responsible for relationships with wholesale and institutional clients. He will be focused on enhancing ...

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 ...
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