The latest issue of Financial Standard now available as an e-newspaper
| | THURSDAY, 23 SEP 2021 12:52PMThe House of Representatives committee looking into common ownership of ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison.|
|Prudential regulator APRA plans to go ahead with mandating independent certifications within group insurance as recommended by the financial services Royal Commission.|
|Tomorrow Super is readying itself for a $5 million pre-IPO funding round, with the promise of a financial adviser friendly superannuation solution.|
|Members of AMP's super products will see savings across both administration and investment fees from October, with some set to make significant savings.|
|Employers and the government are failing parents, costing mothers $1.6 billion in superannuation, according to new research from Industry Super Australia.|
|Hostplus was grilled about its relationship with IFM Investors at a parliamentary hearing that sought to uncover any evidence of collusion and anti-competitiveness.|
|The $233 billion superannuation fund's stake in WestConnex rose to 20.5% after the consortium it's a part of took full ownership of the motorway.|
|The $215 billion industry fund's outgoing chief executive Ian Silk is adamant the fund will never engage actively in common ownership, while also hinting at plans to bring more investing in-house.|
|Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday.|
|The former chief executive of EISS Super has spoken out about his decision to depart the fund in the wake of media scrutiny and the fund's failure of the APRA performance test.|
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The House of Representatives committee looking into common ownership of ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison.
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Australian Ethical is making a series of changes to its Advocacy investment option that will allow it to begin investing in alternatives and unlisted property.
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The sovereign wealth fund appointed a chief people and culture officer following an extensive search.
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AMP Capital has launched a new investing arm within its Global Infrastructure Equity team that focuses on telecommunication assets.
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