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Iress appoints former Pendal veteran

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... financial officer after more than 15 years at Pendal Group. Williamson will step into the new position next Monday, reporting to Iress chief executive Marcus Price. The announcement follows former Iress chief financial officer John Harris moving to head ...

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
... delivering a 10.7% return, while UniSuper reported a 10.3% return. Australian Retirement Trust (ART) wasn't far behind, reporting a 10% return for its balanced option. HESTA reported a return of 9.59% and Cbus announced an 8.95% return. AustralianSuper ...

Does ESG have a fiduciary issue?

ROSE MARY PETRASS  |  MONDAY, 17 JUL 2023
... transition will be key investment themes going forward, Viehs said. He said there was an emphasis on data availability and reporting moving forward as reporting is a unanimous barrier to ESG adoption.

Equity managed funds in record outflows: Calastone

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
... consecutive months of outflows, shedding $508 million at the end of June. Conversely, emerging market funds bucked the trend, reporting net flows of $4 million, while fixed income funds raked in $582 million. While this is not a record for fixed interest ...

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... fund's merger with Cbus. Meanwhile, Symes will head up AZ NGA's legal, risk and corporate governance function, reporting to Barrett. He previously spent two years at Yellow Brick Road as its general counsel and company secretary. Prior to that ...

Maple-Brown Abbott names risk chief

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... governance obligations, including the development of policies, procedures and frameworks, monitoring and regulatory reporting. Reporting to chief executive and managing director Sophia Rahmani and the audit, risk and compliance committee chair, Birrell ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... assessments of third-party information security controls were limited across the industry. Lastly, it flagged inconsistent reporting of material incidents and control weaknesses to APRA in a timely manner. The regulator said it must be notified of material ...

More assets held in Choice over MySuper: APRA figures

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... account holds $62,000. APRA publishes statistics on the superannuation industry on a quarterly basis, but under new reporting standards implemented in Phase 1 of the Superannuation Data Transformation project, the regulator released the inaugural quarterly ...

RIAA chief executive to exit

ROSE MARY PETRASS  |  FRIDAY, 30 JUN 2023
... finalised standards and the Australian government's second consultation proposing mandatory climate-related financial reporting, which RIAA will continue its engagement on. "We are moving into a legislative and regulatory moment, and a really unique ...

Netwealth relaunches Wealth Accelerator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... many advice firms in managing these sometimes-time-consuming assets," he said. "Wealth Accelerator's enhanced tax reporting capabilities simplify end-of-year reporting for financial advisers, helping them meet regulatory, accounting, and tax obligations. ...