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Showing 91 - 100 of 215 results for "Landmark"

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... regulator has been criticised for its poor culture, leadership and regulation of the superannuation sector following a landmark review that will force it to overhaul its entire structure. The Australian Prudential Regulation Authority Capability Review ...

Beyond the China A shares hype

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
... to Chinese equities, one emerging markets specialist argues investing in the country goes beyond index inclusion. The landmark move by MSCI last year opened the floodgates to the once-difficult-to-access Chinese equity market. In May 2019, it increased ...

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... The Government is resolute about improving the "well documented" challenges in the retirement system, bolstered by the landmark Productivity Commission and financial services Royal Commission reports. A key focus for the Government now is prioritising ...

Hermes inks local ESG partnership

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
... services with $706 billion in funds under advice through its EOS business. ACSI chief executive Louise Davidson said: "This landmark agreement will see two of the world's foremost experts on environmental, social and governance advocacy and company engagements ...

ASIC appeals Westpac Federal Court decision

JAMIE WILLIAMSON  |  MONDAY, 18 FEB 2019
The corporate regulator is appealing last year's landmark Federal Court decision, determined to prove two Westpac subsidiaries provided personal financial advice despite not being licensed to do so. In December 2018, Justice Jacqueline Gleeson determined ...

AMP Capital starts new team, appoints two leads

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
... portfolios," Pahari said. "Having established ourselves as a global mid-market sector specialist, supported by a number of landmark deals across multiple geographies, we understand how important it is for our large clients to increase their access to ...

MLC Centre goes on the market

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... GPT's Sydney office exposure drop by 5% to 60% while its weighting to Melbourne would grow from 30% to 34%. Considered a landmark in Sydney, the MLC Centre comprises 66,829 square metres of office space; 6,013 square metres of retail space; a theatre ...

ASIC and Westpac court battle sees mixed outcome

DARREN SNYDER  |  FRIDAY, 4 JAN 2019
A landmark Federal Court judgment has provided greater clarity between general and personal financial advice, ruling in favour of Westpac's position. Yet the bank still managed to breach the Corporations Act. Judge Jacqueline Gleeson said ASIC failed ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA  |  TUESDAY, 21 AUG 2018
... be seen whether Australia will finally see an improved performance of the bancassurance channel on the back of recent landmark third party bank-insurer strategic alliances." Over the last five years, the proportion of life insurance written inside superannuation ...

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... - including administration and insurance - as opposed to third-party providers. Early this year, ASIC handed down its landmark vertical integration report, which found that some trustees and their financial advisers were pushing in-house products at ...