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Showing 141 - 150 of 1212 results for "Principle"

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
Colonial First State has hired a local investment director from a global pension fund to run private equity and unlisted assets. At the same time, its head of investment sales has exited. The wealth and superannuation giant confirmed that Chloé Brayne ...

Regulators to clamp down harder on greenwashing

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
Regulators are zeroing in on anti-greenwashing measures in the asset management sector, as well as tighter regulations on artificial intelligence (AI) and digital technology, according to a KPMG report. The report said that stopping companies from making ...

Court rejects Linchpin director appeal

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... ordered by the primary judge are well within the range of reasonable decisions, and one cannot infer any misapplication of principle from that outcome," Justice Jackman said. ASIC deputy chair Sarah Court said the outcome should act as a reminder to ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
The Coalition plans to amend paid parental leave legislation to let parents opt for a one-off cash payment instead of superannuation contributions on government-funded paid parental leave. A joint statement from deputy leader of the opposition Sussan ...

Superannuation objective legislation hits Senate floor

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... understanding of what super is for, and a process so the Parliament must adequately consider changes. "The objective embeds the principle of preservation - ensuring that the retirement savings of Australians are protected from the whims of ideology and ...

ASX-listed firm invests with Osmosis

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
Osmosis Investment Management, which is part of Clearway Capital Solutions' stable, has won a mandate from an ASX-listed firm. Evans and Partners allocated an undisclosed amount to Osmosis' Resource Efficient Ex Fossil Fuels Fund. The fund applies ...

AFCA consults on superannuation life insurance disputes

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback on how it approaches dealing with common life insurance related complaints. The external dispute resolution company is specifically consulting on two draft approach documents for ...

Schroders expands stable of global equity funds

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
Schroders launched a new global equity fund this week, aiming to exploit 'growth gaps.' The Schroder Global Equity Alpha Fund was introduced to wholesale and institutional investors this week, a concentrated portfolio of global equities managed by co-head ...

State Street receives Shariah-compliant certificate

MATTHEW WAI  |  FRIDAY, 16 AUG 2024
State Street Corporation now offers Shariah-compliant global custody and fund administration services. The announcement follows the company attaining a Shariah-compliant certificate from Amanie Advisors, a Shariah advisory firm. The Islamic finance ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... where a consumer is not engaged and trustees have complete control over the products investment strategy, however this principle does not apply to more complex Choice products, where performance testing would struggle to take into account the diverse ...