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Showing 1 - 10 of 513 results for %22Aware Financial Services%22

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... means of funding the aged care system. Australia's aged care bill is on the rise, coming in at $27.1 billion last financial year, and predicted to reach $42 billion by 2026-27. Presently, the government funds about 75% of residential aged care and ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... of the fund were published on the fund's mobile application and website at all times to ensure that investors were fully aware of the entire portfolio," MSC said. MSC attributed Bloom's decision to wind up the fund to the costs incurred in relation to ...

Aware, Macquarie partner on green finance

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
Aware Super has inked a US$50 million deal to buy a specialty infrastructure finance company alongside Macquarie Asset Management's (MAM) Green Investment Group (GIG). Aware's private equity team will co-invest in Galway Sustainable Capital ...

Pay gaps at super funds, fund managers revealed

JAMIE WILLIAMSON  |  TUESDAY, 27 FEB 2024
... are generous. About 67% of lower paying roles are held by women, while just 32% of the highest paying roles are. Finally, Aware Super has a median base salary gender pay gap of 21.3% and median total remuneration gap of 23.6%. Once again, the lower pay ...

Super funds convene with assistant treasurer

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... bound by strict legal requirements to perform thorough verifications prior to disbursing payments. "... we're acutely aware that, in these cases, anything less than a quick and easy process could lead to further distress for members at an already ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... Royal Commission. Abood, however, doesn't see history repeating itself. "I think the super funds are also very well aware of the reputational risks that they run by having any kind of systemic approach to QAs that would bear accusation. So, I think ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... recorded $5.3 billion in revenue, down 4% on the prior corresponding period. Sales for lifetime annuity, which includes Aware Super's annuity policy valued at $619 million, and Index Plus products hit $1.1 billion, up 190% year on year. During the ...

Highest paid industry super executives revealed

ANDREW MCKEAN  |  FRIDAY, 9 FEB 2024
... compensation, according to research from professional services firm Yellow Folder. UniSuper chief investment officer John Pearce and Aware Super chief investment officer Damian Graham ranked second and third, respectively, with no change in the top three ...

NAB names new chief executive

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... McEwan. Irvine has served as NAB's group executive and private business since 2020 and boasts 27 years of experience in financial services. Prior to joining NAB, Irvine was head of Canadian Business Banking at the Bank of Montreal. He has held a range ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... system is likely to be undermined; nowhere is this more evident than in relation to death benefit claims handling. "We are aware of a significant increase in complaints to the Australian Financial Complaints Authority about extreme processing delays ...
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