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Showing 1 - 10 of 109 results for %22Diversa%22

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... Northrop Grumman 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 ...

MSC Trustees acquires Certane Corporate Trust

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... trust 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 ...

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
... and our 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 ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... The two switched out Citigroup as custodian for BNP Paribas, swapped OneVue for Apex Group as administrator, and dumped Diversa as trustee in favour of Equity Trustees. "Both Verve and Future Group share a commitment to ethical investing, with both the ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... first opportunity." It marks the second loss for ASIC in as many days, having earlier this week lost its case against Diversa.

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
The Federal Court has found in favour of Diversa in the case brought by ASIC in 2021 which alleged the trustee knew about a now banned adviser's dodgy behaviour but failed to act. In October 2021, ASIC commenced civil penalty proceedings against ...

Future Super switches up service providers

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2023
... and custodian, with new contracts taking effect next month. The new mandates follow Future Super transitioning away from Diversa, appointing Equity Trustees as its trustee in July. "Future Super is continually looking for ways to improve our fund and ...

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... management, a 21% increase year on year. Last December, Raiz became a division of AMG Super and switched trustees from Diversa to Equity Trustees after it was determined that a successor fund transfer was in the best interests of members. In May, it ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... trustee, in what the fund's described as "positive news." Future Super moved to Equity Trustees this month, dumping Diversa which has served as trustee since its launch in September 2014. Given its relationship with Future Super, Verve Super has ...
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