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Showing 61 - 70 of 7045 results for "Board"

Actively managed, ESG funds top 2023 outflows

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... said. Within asset classes, property funds shed $970 million (US$629m) - the fifth consecutive year of outflows. Across the board, investors were bullish on fixed income as net inflows totalled $34.2 billion (US$22.2bn) in 2023. "A market rally that ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
ASIC deputy chair Sarah Court has reaffirmed that the corporate regulator is targeting member service failures, greenwashing, and inappropriate fees and charges, cautioning the superannuation industry to lift its game. At an industry event, Court said ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... the Future Fund that "must absolutely include a prohibition on investing in weapon manufacturers". "The Future Fund's board needs to explain how it continues to invest in Elbit Systems despite the publicly announced direction it gave to withdraw ...

UniSuper appoints chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... funds as they prepared for the MySuper regime. UniSuper chief executive Peter Chun said he is delighted to have Martin on board. "Wade's lived risk experience, understanding of the superannuation sector, strategic mindset and leadership were stand-out ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
Despite the rapid progress of artificial intelligence (AI), existing obligations around good governance and the provision of financial services remain robust, according to ASIC chair Joe Longo. Addressing the crowd yesterday at the UTS Human Technology ...

Treasury promises flexibility to adviser qualifications

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... meet the education requirements to be a qualified tax relevant provider if they were registered with the Tax Practitioners Board or had a registration application pending before 1 January 2022 regardless of whether they were authorised as an adviser ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
... at First Sentier Investors says mandatory gender pay gap disclosure will provide an additional data point beyond simple board composition for women on leadership teams. "Pay gap data can also provide some insight into company culture, and whether statements ...

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
... However, the business did flag that chief financial officer Grant Boyle, who has held the role since 2017, has notified the board of his intention to step down this year. Netwealth said the timing is flexible, however it's planned Boyle will hand over ...

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... been designated as the interim chair of the Future Fund, assuming the position on February 4. Reemst joined the Future Fund Board of Guardians for a five-year term in October last year. The government also appointed Nicola Wakefield Evans and Rosemary ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... remained challenging for our mix of business, and this is reflected in our year-end AUMA, flow numbers, and margins. The board and I are committed to taking these significant cost actions now to restore our core Investments business to a more acceptable ...