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Showing 1 - 10 of 14 results for "Australian Unity Funds Management"

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
... some of Australia's largest companies and super trustees including ANZ, NAB, Cbus, RAMS and Australian Unity Funds Management. ASIC's work will also see a total of $583 million returned to millions of Australians through refunds. This includes the court ...

Australian Unity cops fine for TMD, DDO failures

KARREN VERGARA  |  MONDAY, 2 FEB 2026
Australian Unity Funds Management (AUFM) admitted it breached design and distribution obligations (DDO) regarding its Select Income Fund and has been slapped with a $7.125 million fine by the Federal Court. Hundreds of retail investors were led to believe ...

ASIC sues Australian Unity for TMD failure

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
ASIC is suing Australian Unity Funds Management for allegedly failing to ensure retail investors fit the suitable target market for its investment product, the Select Income Fund. ASIC is looking at the period between 5 October 2021 and 5 October 2023 ...

Industry Super Australia names new chair

ELIZABETH FRY  |  WEDNESDAY, 19 JUN 2024
... brands. These include AXA Australia, GE Capital, Members Equity Bank, American Insurance Group and Australian Unity Funds Management. In the non-financial services sectors, he worked on several campaigns for BP Australia, and leading pharmaceutical brands. ...

Australian Unity lashed by ASIC over TMD questionnaire

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
Australian Unity Funds Management has been told to stop offering its Select Income Fund, with ASIC saying retail clients are unlikely to understand the questionnaire used to determine whether they would be in the target market. ASIC made an interim ...

Perennial Partners takes over Australian Unity fund

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
Perennial Partners has agreed with Australian Unity Funds Management Limited (AUFM) to take over the investment management of the latter's Future of Healthcare Fund. AUFM will also step down as trustee of the fund, with Perennial taking over as trustee. ...

Australian Unity gives funds management business a makeover

CHLOE WALKER  |  THURSDAY, 13 OCT 2022
... Australian Unity's wealth and capital markets funds management activities have been unified to form Australian Unity Funds Management. Collectively responsible for more than $15 billion in funds under management, the dedicated business will comprise ...

Australian Unity appoints senior insto BDM

ALEX BURKE  |  THURSDAY, 27 OCT 2016
Australian Unity Funds Management has appointed a senior institutional business development manager. Boyd Lees joins Australian Unity from Citadel SPV, where he was a vice president - business development. He has also held senior roles at NAB, Pershing ...

AUI investors approve property fund merger

MARK SMITH  |  FRIDAY, 24 MAY 2013
... occupancy rate of 93.28 per cent and a strong weighted average lease expiry of 4.67 years. "Australian Unity Funds Management, as the responsible entity, developed the proposal because it believes a merger of the two funds is in the best interests of ...

AUI tips property fund merger

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
... AUI assumed management of SIT when it acquired Investa Funds Management in September 2011. "Australian Unity Funds Management Limited, as responsible entity, believes the proposal is in the best interests of investors in SIT," said AUI's head of property ...
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