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Showing 1051 - 1060 of 4166 results for "Action"

APRA moves to force EISS Super merger

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... some decisions are in members' best financial interests that we believe it's necessary to intervene now". Further action may follow, Cole said. "Ultimately, the best way for EISS to optimise outcomes for members of its struggling MySuper product ...

Link to provide due diligence information

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
... between both parties. "There can be no certainty that such proposal will eventuate, and shareholders do not need to take any action in relation to the proposal and the board will update shareholders as appropriate," Link Group said in a statement. Carlyle ...

Aware Super progresses net zero efforts

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
... been responding to these risks and opportunities for years, with recent performance demonstrating that taking decisive action on climate change is not only good for the community but also delivers better retirement outcomes for our members." In the last ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
Did the Reserve Bank of Australia (RBA) jump or was pushed by the bond market to scrap its target to keep the April 2024 Australian government bond yield at 10 basis points. The answer to this question becomes important because it would dictate future ...

European syndicate bids for Link subsidiary

KARREN VERGARA  |  FRIDAY, 12 NOV 2021
... conditional and non-binding, and it will now seek financial, legal and tax advice. "Shareholders do not need to take any action in relation to the proposal. It should be noted that there is no certainty that the discussions with the syndicate will result ...

Cbus to create rainy day fund to cover fines

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... is in compliance with the SIS Act following Hayne reforms. Other profit-to-member funds will likely need to take similar action to ensure compliance," a spokesperson for the fund said. "The legislation disproportionately impacts industry funds which ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
Only a handful of Aussies whose super fund failed the inaugural performance test have taken action and closed their accounts, according to APRA. Analysis by the prudential regulator shows that of the one million member accounts in products that failed ...

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
... campaigns coordinator Jack Bertolus said. "The bank isn't serious about net zero by 2050 and should either take genuine action or publicly withdraw its commitment to the goal."

ASX moves to paperless CHESS statements

KARREN VERGARA  |  MONDAY, 8 NOV 2021
The ASX will ditch paper-based CHESS statements and move to electronic means by mid-December. Investors will soon be provided with a portal that records share ownership and confirmation of changes to CHESS holding details, including an archive of statements ...

abrdn outlines climate change action plan

JAMIE WILLIAMSON  |  FRIDAY, 5 NOV 2021
... their path from high to low carbon intensity." And asset managers cannot operate in a vacuum, he said. "Bolder, collective action by governments is desperately needed. Effective incentives in the form of appropriate carbon pricing are absolutely critical ...