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Showing 1151 - 1160 of 2507 results for "Legal"

Pension funds feel the heat on climate change

JAMIE WILLIAMSON  |  THURSDAY, 13 SEP 2018
... placed 31st, while the Future Fund ranked 41st with a D-rating. Ranking 52nd, Rest also received a D-rating with recent legal action taken against it by a member, further demonstrating the potential risk to pension funds in not presenting a legitimate ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... it is committed to acting in the best interests of its superannuation members at all times and acting in accordance with legal and regulatory obligations. "We understand the proposed class action may be related to issues in our superannuation business ...

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... over 2015-16. ASIC pointed out trustees don't always provide adequate written reasons for complaint decisions - despite legal requirements to do so in certain circumstances. It commended a significant number of trustees that did resolve complaints about ...

MLC, NULIS in court over $100m in illegitimate fees

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... of members; a breach of general law duties and the Superannuation Industry (Supervision) Act 1993. In response, NAB chief legal and commercial counsel Sharon Cook said NAB is still assessing the details of the case. "We will consider carefully the allegations ...

Trustees caught in a balancing act

KARREN VERGARA  |  THURSDAY, 6 SEP 2018
... breaches of fiduciary duties that show superannuation trustees have to lift their game and improve governance standards, a legal expert says. Holding Redlich partner Paul Faure told the AIST Super Investment Conference? yesterday that a trustees' ...

Pendal builds global executive lineup

KANIKA SOOD  |  TUESDAY, 4 SEP 2018
... Capital Group PLC. He has previously worked as Aviva Investors' global chief risk officer, and was also the director of legal and risk at Aberdeen-acquired manager Scottish Widows Investment Partnership. In his new role, Savjani will report to Pendal's ...

Former Mercer director joins MGP

JAMIE WILLIAMSON  |  MONDAY, 3 SEP 2018
... it gears up to acquire an existing Registrable Superannuation Entity. Most recently the director of Mercer's boutique legal practice Mercer Legal, Pamela McAlister has joined MGP's board of directors. She will also chair its audit, risk and compliance ...

ASIC hires former super executives

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... of Australia. Hughes has been group general counsel for Tabcorp since July 2017. Before this, he was the chief risk and legal officer at UniSuper, a role he held for three years. He's was also the former chief executive of the Financial Markets Authority ...

Custodians oversee heightened domestic equity trades

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
... SPECIAL FEATURE: Breaking the custody mould "Investing offshore brings opportunity, but also the added complexity of multiple legal jurisdictions and tax regimes, the need for support with multi-currency trading, valuation across currencies and implementation ...

Vamos departs Regnan

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... has also previously been a director, financial services regulation - licensing and business operations at ASIC, head of legal and compliance at Tower Life and an insurance litigator with Phillips Fox.