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Showing 1241 - 1250 of 3246 results for "Employee"

Negative gearing reforms not a panacea: Poll

KARREN VERGARA  |  MONDAY, 18 MAR 2019
Financial Standard 's latest spot poll reveals Labor's proposed changes to negative gearing will not curb the housing affordability crisis. About 56% of readers don't believe Labor's proposed reforms will improve housing affordability. ...

Brookfield acquires 62% of Oaktree Capital

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... either US$49.00 in cash or 1.0770 Brookfield Class A shares. In addition, the founders, senior management, and current employee-unitholders of Oaktree Capital Group Holdings, the holder of all outstanding Class B units of Oaktree as well as a direct ...

Reforming bank culture rests on regulators: Silk

KARREN VERGARA  |  FRIDAY, 15 MAR 2019
The chief executive of Australia's largest superannuation fund is pinning his hopes on the regulators to transform the culture of the big banks and retail sector. AustralianSuper chief executive Ian Silk says he's doubtful that the organisations called ...

Goldman Sachs creates new super, pensions role

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
Goldman Sachs has demonstrated their focus on Australia and New Zealand's superannuation and pensions space with the creation of a new role. Rory MacEwan will become head of superannuation and pensions funds for Goldman Sachs in Australia and New Zealand. ...

NAB agrees to RC wealth recommendations

HARRISON WORLEY  |  FRIDAY, 15 MAR 2019
National Australia Bank agreed to all of the Royal Commission's recommendations directly relating to the wealth management industry. Releasing its full response to Commissioner Hayne's 76 suggested changes to Australia's financial services industry ...

Nikko AM chief executive steps down

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAR 2019
The president and chief executive of Nikko Asset Management, Takumi Shibata, is stepping down. His resignation comes after he was named in a US lawsuit alleging he deliberately made lucrative stock options that were part of an incentive scheme for employees ...

NFP super funds rise to occasion post-Royal Commission

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
While industry funds emerged largely unscathed from the Hayne Royal Commission, it is more critical than ever for not-for-profit funds to be exemplary in terms of practices and performance. This was a key message at this year's Conference of Major Super ...

UK pension funds to be hit hard over negligence

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
The UK Government wants to up the ante on pension fund bosses who endanger worker's retirement savings. Under a new proposal from the UK Government, bosses would face up to seven years in jail for endangering the retirement savings of their workers ...

Clayton Utz finally hands AMP notes to ASIC

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
ASIC has struck a major blow in its court battle with AMP over the wealth manager's fee-for-no-service issues. The corporate regulator was handed internal file notes from law firm Clayton Utz last week, which relate to the firm's interviews ...

Super fund chief executive to retire

KANIKA SOOD  |  MONDAY, 11 MAR 2019
The chief executive of one of Australia's largest corporate superannuation funds is retiring and the fund is hunting for a replacement. Doug Carmichael is slated to retire in June end after nine years of leading Commonwealth Bank Group Super. The ...