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Showing 1181 - 1190 of 4101 results for "Conduct"

APRA eases hard caps in revamped executive pay

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
... executive's variable pay should come from their performance on non-financial measures. It is paired with a risk and conduct modifier that can potentially reduce variable remuneration to zero, APRA said in the revised draft for the Prudential Standard ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
... behaviour where buyers exert significant pricing power over suppliers. The coalition is urging companies to action, like conduct a detailed risk-based mapping exercise of their supply beyond first-tier suppliers, build strong relationships with suppliers ...

Millions of workers facing financial stress: AMP

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
Severe and moderate levels of financial stress are impacting around 1.8 million Australian workers, according to AMP's latest Financial Wellness study. AMP said of those 1.8 million, nearly half have been feeling financially stressed for an average ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
"Said the night wind to the little lamb, Do you see what I see?" The letter V is going viral in Australia (pardon the pun). It was most recently seen in the NAB Business Survey for October, underscored by the sharp rebound in business confidence and ...

New York hedge fund invests in Thorney LIC

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... We are pleased to welcome Woodson Capital Management as a substantial shareholder in TEK," Waislitz said. It will also conduct a $10 million non-renounceable entitlement offer to eligible shareholders at 35 cents a share, opening on November 16 and closing ...

Super funds overlook digital engagement

KARREN VERGARA  |  TUESDAY, 10 NOV 2020
Superannuation funds are missing an opportunity to engage with younger members, who are increasingly becoming dissatisfied with their providers, via digital engagement. The inaugural Superannuation Stealth Survey conducted by SS&C Technologies Holdings ...

MLC Super overhauls fees

KARREN VERGARA  |  MONDAY, 9 NOV 2020
MLC Super has introduced a number of management and administration fee changes for a broad range of products that took effect this month. On November 1, management fees were reduced and commissions removed in the Access Pre Select Fund. Also on this ...

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
Macquarie Infrastructure and Real Assets (MIRA) is proposing to acquire a real estate investment trust valued at $300 million. MIRA is offering to take over Vitalharvest Freehold Trust (VTH) for a cash consideration of $1 per share by way of a trust ...

The hits you don't see hurt the most: Aviva

ELIZABETH MCARTHUR  |  MONDAY, 9 NOV 2020
A survey of institutional investors representing over €2 trillion in assets under management, conducted by Aviva Investors, demonstrated that COVID-19's blows to real assets have left pension funds wary. Less than half of insurance companies (49%) ...

Three advisers banned for non-financial crimes

ELIZABETH MCARTHUR  |  FRIDAY, 6 NOV 2020
The UK's Financial Conduct Authority (FCA) has banned three people from working in financial services due to sex offences they had committed. The FCA's decision to ban the three individuals comes after Megan Butler, executive director of supervision ...