Page 3 - சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் நம்பிக்கை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் நம்பிக்கை. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் நம்பிக்கை Today - Breaking & Trending Today

ASIC moves against REST on false and misleading charges


It said in a statement that ASIC’s case is that these members were denied their lawful rights to superannuation portability and choice of superannuation fund, causing members to suffer financial loss.  ASIC further alleges that this conduct resulted in REST retaining a higher level of funds under management than would have otherwise occurred.
Specifically, ASIC alleges REST made representations to members who made, or were considering making, full balance transfers to another fund that:
If they remained employed by an employer who made contributions to the Fund (REST employer) and that employer continued to make contributions to REST, they were required to keep a minimum balance of $5,000 in their account with the fund; ....

Retail Employees Superannuation , Investments Commission , Retail Employees Superannuation Pty Ltd , Australian Securities , Federal Court , Retail Employees Superannuation Trust , சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் , முதலீடுகள் தரகு , சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் ப்டி லிமிடெட் , ஆஸ்திரேலிய பத்திரங்கள் , கூட்டாட்சியின் நீதிமன்றம் , சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் நம்பிக்கை ,

Australia regulator files lawsuit against Retail Employees Superannuation Trust


Australian regulator files lawsuit against retail employee pension fund trust
Reuters
2/03/2021
(Reuters) - Australia s corporate regulator filed a civil lawsuit against Retail Employees Superannuation Trust, alleging the pension fund trustee made misleading representations that delayed or prevented some members from moving their funds and led to financial losses.
The Australian Securities and Investment Commission (ASIC) alleged that the representations were made orally and in writing by the fund between 2015 and 2018, and that it was seeking penalties against the firm.
The pension fund, which is more than 30 years old and manages about A$60 billion ($46.58 billion) for about 1.8 million Australian workers, said it was remediating members who may have experienced a delay in fund transfers. ....

Nikhil Kurian Nainan , Retail Employees Superannuation , Investment Commission , Retail Employees Superannuation Trust , Australian Securities , Rashmi Aich , நிகில் குரியன் நைனன் , சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் , முதலீடு தரகு , சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் நம்பிக்கை , ஆஸ்திரேலிய பத்திரங்கள் , ரஷ்மி ஐச் ,

REST hires State Street unit to consolidate office operations


Australia’s Retail Employees Superannuation Trust (REST), one of the country’s largest industry superannuation funds, has hired Charles River Development to consolidate its front and middle office operations for managing asset allocation, global equities, foreign exchange and futures.
Charles River Development is a unit of Boston-based State Street Corp. It specialises in providing asset owners and institutional investors with front and middle office investment management platforms.
“REST will use Charles River to support and deliver a transparent view and workflow across business, including portfolio construction, decision support, risk, collateral management, order management and compliance,” the company says in a statement on February 11. ....

Charles River Development , Australia Retail Employees Superannuation Trust , Boston Corp , Retail Employees Superannuation Trust , River Development , Boston Based State Street , Charles River , State Street , சார்லஸ் நதி வளர்ச்சி , ஆஸ்திரேலியா சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் நம்பிக்கை , போஸ்டன் கார்ப் , சில்லறை ஊழியர்கள் சுப்பெறன்ணுஅதிோன் நம்பிக்கை , நதி வளர்ச்சி , போஸ்டன் அடிப்படையிலானது நிலை தெரு , சார்லஸ் நதி , நிலை தெரு ,

Three NYC Pension Funds to Divest $4 Billion From Fossil Fuels