Financial Standard
WEBStafford Capital head of client solutions, Australia and New Zealand Elysse Morgan spends most of her working day engaging with the keepers of capital, encouraging them to break new ground, to step away from the conventional, and go against the grain with the nascent asset class of timber.
Australia Post Super Scheme cuts premiums by 10%
WEBNov 4, 2021 · Australia Post Super Scheme cuts premiums by 10%. Some members of Australia Post Super Scheme (APSS) will enjoy reduced insurance premiums as the fund makes several alterations. The $8 billion APSS informed members that there will be a few changes to investments, strategic asset allocations and group insurance.
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ACSRF, UniSuper confirm merger | Financial Standard
WEBMay 16, 2022 · BY JAMIE WILLIAMSON | MONDAY, 16 MAY 2022 12:25PM. Australian Catholic Superannuation and Retirement Fund and UniSuper have signed a Heads of Agreement to formally merge. In December the two funds announced they were undertaking due diligence on a potential merger. Today, the funds have said that process determined it was in the best financial ...
ANZ to pay $57.5m to settle class action - Financial Standard
WEBMar 25, 2024 · The class action related to certain interest charged on specific ANZ personal credit cards in the period from 1 July 2010 to 1 January 2019. As part of the settlement, ANZ will pay $57.5 million, which is covered by a provision held at 30 September 2023. The settlement is without admission of liability and remains subject to court approval.
Findex Group acquires firm - Financial Standard
WEBJun 20, 2022 · Findex Group acquires firm. Findex Group is growing its presence, announcing the acquisition of McGarva Accounting Group which trades under Atticus Business Accountants and Basecamp Bookkeeping in Toowoomba. Findex is a privately-owned financial advisory and accounting service currently employing 2700 staff across Australia and New Zealand.
CFMEU fallout stokes governance debate | Financial Standard
WEBAug 12, 2024 · CFMEU fallout stokes governance debate. The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit from - the …
New bill seeks to block investments involving Cbus
WEBAug 22, 2024 · "A super fund is not involved in the design, construction, or approval of any of these projects," he said. "Once the settings are right and agreed upon, a super fund would be the provider of debt funding to the relevant party, such as a community housing provider, rather than the recipient of HAFF project funding. "This new proposal is akin to saying a super fund should not be able to buy ...
Aware retires VicSuper brand, expands investment menu
WEBApr 28, 2023 · Aware Super will finally retire the VicSuper brand next month, just shy of its 30 th birthday. The brand was retained in the merger with First State Super in 2020 and members were kept in a separate division. Effective May 11, Aware will combine its memberships. At the same time, Aware Super said it has reviewed its …
Federal Court approves BT Super $30m settlement
WEBDec 12, 2023 · The Federal Court approved the $29.95 million class action settlement against Westpac after subsidiaries BT Funds Management (BTFM) and Westpac Life Insurance Services (WLIS) allegedly failed to manage conflicts of interest when investing BT Super member money in a cash option.
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