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Showing 101 - 110 of 473 results for "LEI"

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
The industry superannuation fund with the highest percentage of women membership has been called out for not prioritising board diversity initiatives in the companies it invests in. Rest, with 1.8 million members of which 60% are women, was grilled ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
"The point is, ladies and gentlemen, that greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms, greed for life, for money ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
Mercer is introducing a series of changes to its default and lifecycle products, which includes slashing administration fees and simplifying fee structures. From 1 April 2021, Mercer Super Trust will drop two sets of headline admin fees. MySuper members ...

CFA Societies adds board members, president

ANNABELLE DICKSON  |  MONDAY, 30 NOV 2020
CFA Societies Australia has refreshed its boards in Sydney and Melbourne and has appointed a State Super executive as president. Charles Wu has been voted in as president of CFA Society Sydney after holding the position of vice president for over three ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
Global dividends took an 11% hit, falling $76.7 billion in the third quarter with the weakest results coming from Australia, the UK, and the Netherlands, according to Janus Henderson. The Global Dividend Index revealed Australian dividends suffered ...

Fintech to take on super with new hire

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
Stake has announced its plans to take on the super industry to give younger investors a simple, low cost way to have their own self-managed super fund (SMSF), by announcing a new executive hire. Stake announced the appointment of Kris Kitto as head ...

Link hires from QSuper, NAB

JAMIE WILLIAMSON  |  FRIDAY, 13 NOV 2020
QSuper's head of group strategy has joined Link Group as a general manager, as the administrator also adds a portfolio manager for super and retirement solutions. Link Group has confirmed the appointment of Ross McCormack as general manager for ...

IFM bets on SaaS

ELIZA BAVIN  |  WEDNESDAY, 4 NOV 2020
IFM Investors' new private equity growth fund has made its first transaction, taking a significant minority interest in Zuuse for around $50 million. Zuuse is a global provider of construction payment management Software as a Service (SaaS) solutions ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
ASIC chair James Shipton has stepped aside pending the outcome of a review into his remuneration arrangements. Tabling the 2019/20 ASIC annual report today and addressing the Senate Estimates committee, Shipton flagged certain relocation expenses incurred ...