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Showing 1131 - 1140 of 3229 results for "Governance"

Boutique to use Equity Trustees

KANIKA SOOD  |  MONDAY, 23 NOV 2020
... proposed as a result of key investor feedback to ensure that investors in the Master Fund have the best possible corporate governance and business continuity protection," it said in a notice to investors. "Whilst there have been no issues with Spire ...

Vanguard, Fidelity, BetaShares rank low on ESG: Report

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
... up for personnel turnover. Between late 2019 and early 2020, three senior leaders left Vanguard to start their own governance firm and in September a new head took over, Morningstar pointed out. The effect of this new management remains to be seen. BetaShares' ...

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... Authority (APRA) has made the decision to reduce Commonwealth Bank's additional capital requirement by half after improving governance concerns. The $1 billion capital add-on has been halved to $500 million with immediate effect and increases CBA's common ...

Why has ASIC still not got a chief executive?

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
ASIC senior staff including James Shipton resisted moving to a stronger internal governance structure, its acting chair Karen Chester has told the ASIC expenses enquiry. Liberal senator James Patterson, who is chairing the enquiry into ASIC expenses ...

Super fund reappoints insurer

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... TAL has committed to delivering a better service and outcomes for Cbus members a lower pricing model with enhanced governance and oversight. Cbus group executive member and employer experience Marianne Walker said insurance is particularly important ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... procurement had a value of $25,000, bringing the total tax bill for Shipton to $75,000. Hehir acknowledged issues of governance over the procurement of tax advice within ASIC. It was not clear why ASIC procured the tax advice rather than Shipton procuring ...

Morningstar adds ESG to analysis

ANNABELLE DICKSON  |  WEDNESDAY, 18 NOV 2020
The research house has commenced integration of environmental, social and governance (ESG) factors into its analysis of funds, asset managers and individual stocks, calling out subpar approaches to ESG. As a part of Morningstar's ESG Commitment Level ...

Former HESTA chair joins Assemble

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
... care and not-for-profits. Emslie is an experienced chair and non-executive director and has a wealth of expertise in governance, strategy, superannuation and investments having served on a range of super fund boards for over 25 years. A past president ...

World largest asset owners increase ESG, AUM

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... Melville said asset owners continue to have more influence compared to asset managers due to stronger leadership. "Governance is improving but has historically lagged other financial services organisations; we suggest that there are up to 20 very large ...

Cashwerkz director departs

ANNABELLE DICKSON  |  MONDAY, 16 NOV 2020
... regards to innovation and the disruption of traditional business models, as well as bringing a contemporary focus to governance processes within the group." Cashwerkz pivoted its business model in August with the launch of a new bond income business ...