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Showing 1111 - 1120 of 4978 results for "Limit"

Chances of CBA admitting to Essential Super wrongdoing "non-existent"

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
Lawyers for Commonwealth Bank (CBA) and Colonial First State (CFS) in its ongoing case against ASIC have told the court the parties have no intention of admitting to any contraventions in relation to Essential Super and an alleged $22 million in conflicted ...

Equity Trustees wins super trustee mandate

KANIKA SOOD  |  TUESDAY, 9 MAR 2021
Equity Trustees has been appointed as the superannuation trustee of a $400 million master trust. The Aracon Superannuation Fund will use Equity Trustees Superannuation Limited as its independent trustee. Aracon is a master plan whose sub-plans include ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
According to recent data from the Workplace Gender Equality Agency, women hold 14.6% of chair positions, 28.1% of directorships and represent 18.3% of chief executives and 32.5% of key management personnel. Perhaps most concerning of all, only 0.4% ...

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... ASIC argued that under the policy, the firm intentionally misled clients in a number of ways to either misstate, exclude, limit, restrict and/or dilute their legal rights against Dover. On 22 November 2019, O'Bryan upheld ASIC's claims that from ...

Colonial Super Retirement Fund rejigs managers

KANIKA SOOD  |  WEDNESDAY, 3 MAR 2021
Colonial Super Retirement Fund and CMLA options have made changes including external managers for nearly 45 options. The changes are effective April 2021 and apply to 19 products available via Colonial Super Retirement Fund and other products issued ...

Mercer joins net-zero club

ELIZA BAVIN  |  WEDNESDAY, 3 MAR 2021
... emissions by 45% from 2020 baseline levels by 2030. Mercer said the commitment aligns with targeting a 1.5 degree Celsius limit on global temperature increases and the Paris Agreement's ambitions. Mercer Pacific chief investment officer Kylie Willment ...

Metrics launches NZ fund

ANNABELLE DICKSON  |  WEDNESDAY, 3 MAR 2021
Metrics Credit Partners has launched a private debt fund for wholesale investors in New Zealand with a target annual return of 3.25% over the RBNZ cash rate. The Metrics Multi-Strategy Private Debt (NZ) Fund marks the Pinnacle boutique's first investment ...

Yarra Capital acquires Nikko AM Australian business

ELIZA BAVIN  |  TUESDAY, 2 MAR 2021
Yarra Capital and Nikko Asset Management announced that they have entered into a binding agreement through which Yarra will acquire Nikko AM's Australian business and bring back the Tyndall name. Under the terms of the agreement, Yarra will assume ...

State Street loses Fearless Girl replica claim

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
HESTA and Cbus have settled claims brought against them by State Street over the Fearless Girl statue, while Maurice Blackburn scored a win in court last week. State Street Global Advisors Trust Company and its local subsidiary State Street Global Advisors ...

First Sentier funds appoint new RE

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
First Sentier has shed its responsible entity relationship with Colonial First State, naming a new RE for 13 of its funds. Perpetual's Trust Company will act as the responsible entity for the 13 funds. The change comes after shareholder vote and retires ...