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Showing 1 - 10 of 47 results for "Diversa Trustees"

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... Corp and Raytheon Technologies Corp. ASIC has also levied fines against Future Super, Black Mountain Energy, Diversa Trustees Limited, Vanguard Investments Australia, Tlau Energy and Northern Trust Asset Management. ASIC currently has three greenwashing-related ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... business for $51.6 million. That year, Sargon also acquired OneVue's trustee services business - comprising Diversa Trustees, Tidswell Financial Services and CCSL for $45 million. It also took over Madison Financial Group from PHAROS Financial Group ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
Diversa Trustees sub-plans Smartsave and Superhero Super have merged as the latter announces significant changes to its fees, structure, and investment menu. On October 26, Smartsave moved into Superhero Super. This was after a "thorough evaluation ...

Morningstar cops greenwashing fine

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... systems and processes were enhanced and updated after we discovered the errors." Several organisations such as Diversa Trustees, Vanguard Investments Australia, and Active Super have recently engaged in greenwashing practices. In August, ASIC filed a ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
A host of Equity Trustees and OnePath options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results. Of the 407 options with an eight-year return history APRA analysed, 182 or 45% ...

Mercer embroiled in greenwashing allegations

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... slapped over $140,000 in infringement notices relating to greenwashing issues. Vanguard Investments Australia, Diversa Trustees, Tlou Energy and Black Mountain Energy have all copped a fine.

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... over alleged false or misleading statements. Earlier this month, ASIC announced it fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer of superannuation product Cruelty Free Super. Cruelty Free Super is a sub-fund of the Tidswell ...

Millennial super fund fails to GROW

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
Almost five years to the day that it first launched, GROW Super will close its doors. Diversa Trustees, the trustee for GROW Super, has informed members it is closing the product. Since its launch in 2017, GROW Super has been touted as a serious competitor ...

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... scale," Diversa wrote to members. "With consideration of these changes and the ever-evolving regulatory landscape, Diversa Trustees Limited has made the decision that it would be in the best financial interests of members to close..." The options were ...

ASIC commences proceedings against Diversa

ELIZABETH MCARTHUR  |  MONDAY, 11 OCT 2021
The regulator is taking Diversa Trustees to court over failing to maintain oversight of a now banned financial adviser. Diversa is the trustee for $1 billion Future Super, Mason Stevens Super, ING Super and MAP Master Super - later known as OneSuper ...
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