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Showing 1111 - 1120 of 2856 results for "Initiative"

Christian Super launches reconciliation action plan

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
... Christian Super has already begun to provide engagement and support for the First Nations Foundation Big Super Day Out, an initiative with the aim of strengthening Aboriginal and Torres Strait Islander access to and understanding of superannuation. Christian ...

Regulators unite for life insurance transparency

HARRISON WORLEY  |  FRIDAY, 29 MAR 2019
... Hughes said both the online tool and APRA's data publication complemented each other, and added the joint data initiative would allow both regulators to "support stronger supervision of insurers." "The online tool compares insurers on four metrics ...

Big banks, super funds join forces for sustainability

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... superannuation funds, insurance companies and industry bodies have come together for the Australian Sustainable Finance Initiative. The initiative is an unprecedented collaboration with the aim of shaping an Australian economy that prioritises environmental ...

Indigenous super access needs improvement

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
... technology. Boyle, who also spoke on the panel, said funds such as QSuper, HESTA and AustralianSuper have taken the initiative to reunite ATSI people with lost super, as well as raise awareness about identification procedures. It is not clear that this ...

Rejuvenated APRA asserts authority

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
APRA issued a stern warning to super funds to expect a more assertive and demanding prudential regulator that will crack down on underperformance and poor cooperation. But it is being held back by the long-awaited passage of a Bill. Deputy chair Helen ...

Advisers to return US$125m in fees

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
... including financial incentives." Clayton added he is pleased so many investment advisers chose to participate in the initiative and, more importantly, that their clients will be reimbursed. "This initiative will have immediate and lasting benefits for ...

AXA IM acquires three Sydney hotels

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
AXA Investment Managers' real assets business has bought three hotels in Sydney's Olympic Park and one in Canberra's CBD as part of a $330 million acquisition. Novotel, Ibis and Pullman sit close to each other at Olympic Park which is home to ANZ Stadium ...

Australia ahead in gender diversity

KARREN VERGARA  |  MONDAY, 25 FEB 2019
Australia's commitment to making gender diversity on boards a serious business imperative and without government intervention has made it a standout from other countries. And financial services led the way. Women accounted for 32.4% of superannuation ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
MLC is switching its default superannuation product from single strategy to lifestage. It's also increasing its allocation to growth assets. MLC MySuper currently has a 70% allocation to growth assets like stocks, property and infrastructure and ...

AUM growth subdued to 2025: Bloomberg

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
New research from Bloomberg suggests fee margins of global asset managers will drop 11% over the next six years. Most of the 1950 global asset managers surveyed in the Asset Management Outlook to 2025 provided conservative AUM growth forecasts over ...