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Showing 71 - 80 of 2968 results for "mandate"

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... forum. Next PwC will look to strengthen risk and conflict management​ and accountabilities by bolstering the voice and mandate of the central risk function, including the appointment of an external chief risk officer. Lastly, it will embed a culture ...

Payday super a seismic change for the industry: ART

CHLOE WALKER  |  THURSDAY, 19 OCT 2023
Following the release of the payday super consultation paper last week, Australian Retirement Trust (ART) head of employer, platforms and partnerships Mat Gilroy says industry players will need to focus on digital integration moving forward. Speaking ...

Lack of income stream drags local retirement system: Report

JAMIE WILLIAMSON  |  WEDNESDAY, 18 OCT 2023
Australia's retirement system has received a B+ grade in a study of nearly 50 nations, with the lack of a compulsory retirement income stream being what holds it back. The latest Mercer CFA Institute Global Pension Index sees Australia placed fifth ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
... Challenger said. Further, institutional sales grew by 10% to $1.8 billion, primarily driven by its recent $619 million mandate with Aware Super. Challenger reaffirmed its FY24 normalised net profit before tax guidance range of between $555 million and ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
The government plans to mandate that crypto exchanges adhere to Australian financial services laws, requiring digital asset platform operators to obtain an AFSL. Treasury's Regulating digital asset platforms' consultation, released today, mandates that ...

Future Fund refreshes investment team

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
The Future Fund is refreshing its team structure, appointing two deputy chief investment officers. The addition of the new roles follows the appointment of Ben Samild as chief investment officer in August. Hugh Murray is one of the new deputy chief ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
... Announced as part of the country's 2024 budget package, finance minister Michael McGrath said laws will be introduced to mandate the government annually invest 0.8% of GDP into the new fund between 2024 and 2035. In 2024, this will be €4.3 billion. ...

Future Super switches up service providers

JAMIE WILLIAMSON  |  TUESDAY, 10 OCT 2023
... Citi client when it acquired RBC Investor Services Australia in 2020. Three years on, it has instead opted to award the mandate to BNP Paribas, effective November 1. While Future Super confirmed the mandate changes, it declined to provide any further ...

Consultation paper released on aligning super payments with wages

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
The government has released a consultation paper today, inviting stakeholders to provide feedback on a proposed framework to synchronise superannuation payments with wages. The Securing Australians' Superannuation consultation paper also seeks feedback ...

Peter Costello steps down from Future Fund

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... decade. In 2006, as treasurer, Costello was pivotal in founding the Future Fund and defining its inaugural investment mandate, highlighted Chalmers and Gallagher. From the outset, Costello underscored the imperative of the fund in ensuring Australia's ...