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Showing 1 - 10 of 1814 results for "Victoria"

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... commissions to financial advisers that would have been banned in a MySuper option. In December 2020, the Supreme Court of Victoria ruled the case invalid saying prospective losses are not considered a loss under s 55(3) of the SIS Act. The case was then ...

HMC Capital makes $950m acquisition

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
HMC Capital has agreed to acquire Neoen's Victorian renewable generation and storage portfolio for $950 million. The portfolio comprises four operational assets and six development assets. HMC said the acquisition will further seed its inaugural Energy ...

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... Skills Australia shows the country is in need of "financial investment advisers", with every state and territory except Victoria showing a shortage on the Occupation Shortage List. The financial advice occupation faces the same shortage as child carers ...

SMSFs surpass $1tn milestone

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... Sticking with tradition, the vast majority of SMSFs have two members at close to 70%. Residents in New South Wales and Victoria remain most likely to have an SMSF, together making up more than 60% of the total. Together, they have more than $1 trillion ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... was established in 1981 and is open to all employees of the meat industry. More than half of its members are located in Victoria and half are under the age of 40. It's a steady performer, having achieved a net return of 7.82% to MySuper members over ...

Perpetual reveals decade of philanthropy insights

ANDREW MCKEAN  |  TUESDAY, 12 NOV 2024
... surprising given the "front of mind nature of the pandemic." Meanwhile, an examination of state-by-state data showed that Victoria has traditionally attracted the lion's share of philanthropic funding, though its share dipped from 36% to 27% since 2015. ...

Funds SA adds to leadership team

ELIZABETH FRY  |  MONDAY, 4 NOV 2024
Ahead of naming the new investment chief, Funds SA chief executive John Piteo has bolstered the leadership team by making a series of promotions. After a year in the top job, Piteo has elevated nine staffers in investment, finance and operations, analytics ...

Cbus names chief strategy officer

ELIZABETH FRY  |  FRIDAY, 1 NOV 2024
Former Industry Super Australia chief Bernie Dean will permanently lead strategy and corporate affairs at the $94 billion Cbus. The industry stalwart has been appointed chief strategy officer after acting in the role since July 2024. In welcoming his ...

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
ESSSuper is moving members in its default investment option to the newly launched Balanced Growth Managed option. Members currently in the Balanced option will move to the Balanced Growth Managed option for Accumulation Plan and beneficiary accounts ...

VFMC investment team takes shape

ELIZABETH FRY  |  FRIDAY, 18 OCT 2024
Victoria Funds Management Corporation's investment chief has completed the final step in revamping his investment team to build a more efficient delegation structure. Russell Clarke has streamlined his direct reports to four - head of portfolio ...
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