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Showing 1301 - 1310 of 6212 results for "SIX"

APRA hands down self-assessment report

KARREN VERGARA  |  MONDAY, 21 DEC 2020
... planned supervisory activities, substantive public consultations and some revisions to the prudential framework for at least six months. Another was increasing its engagement with industry stakeholders. One concern that emerged from industry associations ...

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
... (Supervision) Act 1993 (SIS Act). Thirty-seven products assessed are performing at or above the heatmap investment benchmarks over six years; 27 of these underperformed by up to 75bps; and six products underperform by more than 75bps. There are 900,000 ...

Mantis to take over Copper Rock fund

KANIKA SOOD  |  FRIDAY, 18 DEC 2020
... Rock Emerging Markets Opportunities Fund wound up. DSM Capital Partners has been in the Australia and New Zealand market for six years, as a client of third-party distributor Clearway Capital Solutions, with whom it will continue the partnership. Clearway ...

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 ...

Godfrey Pembroke firm jumps ship

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
... investment in tuck-in acquisitions, business opportunities and owner, partner-driver growth opportunities. It has undertaken six acquisitions in FY21 to date including Freedom Accounting Group, CBD Wealth Solutions and Arch Capital and confirmed its ...

Personal finance app retires Australian business

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... providers. Unlike the UK, the open banking regime has flourished, with the number of people using the functionality doubling in the six months to September 2020, Sharrott said. "Similar outcomes in Australia are possible but require a diverse range of ...

ASIC explores value for money in default group insurance

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
... with default insurance will be paid up to 79 cents in claims for each dollar of insurance premiums they were charged over the six-year period to FY 2018-19. "Many Australians hold life insurance through their super fund. Almost 10 million superannuation ...

Clive Palmer ramps up calls for Shipton's head

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... Shipton is being paid almost 20 times the average Australian wage to do nothing. The CEO of Australia Post was sacked over six Cartier watches, how many watches would it take for Shipton to be sacked?" Palmer tweeted in November. In July 2020, Palmer ...

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... assets under custody for Australian investors, after J.P. Morgan and Northern Trust. Citi overtook NAB Asset Servicing in the six months ending June.

Tourmaline hires two leads, expands footprint

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... past decade overseeing all Asian trading. Before that, he worked for Citi, managing Australia REIT execution and risk for six years. He began his career at Rosehill Capital Management in the US, where he was a Japanese equities hedge fund trader. "The ...