ASIC calls on life insurers to review claims payment systems after breaches reported
The corporate regulator is calling on life insurers to review the accuracy of their systems and controls for claims calculations and payments.
Adviser Ratings acquires Beddoes Institute
Adviser Ratings has acquired the Beddoes Institute, a wealth data analytics and research business.
Outcomes critical to ESG reporting to counter politicisation of the issue
The industry needs to step up communication of its ESG outcomes, above and beyond the lofty goals and engagement efforts, to counter growing polarisation and politicisation of this topic, industry figures say.
Former Statewide Super executives charged with dishonesty offences
Two former Statewide Superannuation executives have been charged with dishonestly using their positions for the benefit of another between February and December 2019.
Asset portfolios need to adapt or suffer
Diversification, dynamic asset allocation, stress testing and inflation resilience will be critical for portfolios in the coming years, experts say, as portfolios calibrated to benefit from past market conditions will suffer in a fast-changing environment.
ESG lens can help mitigate governance challenges
For asset managers, considering ESG factors can help to inform investment decision making and enhance investments outcomes, says David Breach, president and chief operating officer of global investment firm Vista Equity Partners.
Plato IM expects ASX 200 to deliver 6pc yield in 2023
Investment management firm Plato Investment Management is projecting the ASX 200 will deliver a gross yield of 6 per cent in 2023, including dividends and franking credits.
Super trustees on notice to uplift complaints handling: ASIC
Superannuation trustees are on notice to improve their internal dispute resolution systems after a targeted review of trustee compliance with the enforceable complaints handling requirements, according to the corporate regulator.
JPMAM launches two new sustainable ETFs
J.P. Morgan Asset Management (JPMAM) has launched two new active sustainable ETFs on the ASX.
Pendal names 3 appointees to Perpetual board
As part of the proposed acquisition of Pendal Group, Perpetual has announced the three Pendal directors that will join the board in an announcement to the ASX on Monday morning.
MPG stop order revoked
Stop orders issued by ASIC for two MPG Funds Management products have been revoked.
ART launches new digital service
Australian Retirement Trust has launched a digital tool to streamline the superannuation onboarding process.
