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Ausfood Super appoints chief executive
Australian Food Super, the superannuation fund set up for employees in the meat industry, has named Michael Sykes as its new CEO.
mFunds sparked ASX outage, $1m credit issued
|The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends.
Aussie shares cost 8% more on rebalance days: Dimensional
|Investing in the S&P/ASX 300 on a day it rebalances puts an 8% premium on share prices, a phenomenon that follows major global indices, new research from Dimensional Fund Advisors finds.
Rest appoints first-ever chief of staff
|Rest has appointed a senior wealth management leader and superannuation expert from Insignia Financial to take the reins as chief of staff.
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Featured Profile
Kellie Wood
HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED
Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.
Why would financial institutions want to get involved in this issue?
Surely they have enough on their plates to deal with in winning back confidence and trust with the general public.
I think if they can get their house in order maybe they can think about getting involved in wider ethical and moral issues but until then, best to concentrate on winning back trust because at the moment it is toxic.