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Showing 1611 - 1620 of 3211 results for "Scheme"

Macquarie buys UK investment bank for $4bn

ALEX BURKE  |  FRIDAY, 21 APR 2017
... billion) and merge it with its existing UK infrastructure business. Macquarie, along with the Universities Superannuation Scheme (USS), purchased the Green Investment Bank from the UK government under a special share arrangement where five independent ...

Japan to drive real assets globally

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2017
Years of low growth and low yield in Japan has impacted investor sentiment and behaviour in a unique way, with its ¥500 trillion institutional investment market now expected to play a key role in funding the world's infrastructure and real estate. ...

ASIC cancels responsible entity AFSL

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
... financial services licensee. The company, DD&D Securities, is the responsible entity for Dwyers Managed Investments, a mortgage scheme that operates in regional Victoria. In particular, ASIC found that DD&D Securities failed to: maintain membership with ...

Workplace default funds deliver strong returns

EMMA RAPAPORT  |  TUESDAY, 11 APR 2017
... (1970-1974) achieved a return of 19%, followed by RBF Investment Account - MyPath 1970-1974 (16.5%), and LGS Accumulation Scheme - High Growth (15.5%). According to Rainmaker, these returns were underpinned by strong monthly returns in equities and property. ...

Banking scrutiny to escalate: ABA

KARREN VERGARA  |  THURSDAY, 6 APR 2017
The Australian Bankers' Association's new chief executive warned banks that the unprecedented level of pressure and scrutiny, and rate of change they are facing will only escalate and shouldn't be underestimated. Three days into her new role, former ...

Korea scopes out Aussie asset management market

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2017
... Australia's asset management market and assessing the potential for future business ahead of the Asia Region Funds Passport scheme commencing at the end of 2017. As a partner of the Financial Services Council, the Korean delegation met with Australian ...

BNY Mellon subsidiary wins CBA super mandate

EMMA RAPAPORT  |  MONDAY, 3 APR 2017
... subsidiary of BNY Mellon Investment Management, is welcoming a mandate win from the Commonwealth Bank Group Superannuation scheme. Newton's Global Real Return strategy, which takes a global multi-asset approach investing in traditional assets such as ...

UK pension regulator puts responsible investing centre stage

EMMA RAPAPORT  |  FRIDAY, 31 MAR 2017
The UK pension regulator has outlined new investment guidance for trustees of defined benefit schemes and said attention needs to be given to environmental, social and governance factors. "Trustees need to take environmental, social and governance (ESG) ...

Life code needs work: ASIC

ALEX BURKE  |  THURSDAY, 30 MAR 2017
... recommend against creating a further layer of oversight in the claims process, arguing: "We don't need another industry scheme. Even if a consumer has another review service in the event of a claims dispute, they will still want to speak to a lawyer. ...

ASIC cancels AFSL licences

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
... Lodge annual financial statements and auditor's reports; and Maintain membership with an external dispute resolution (EDR) scheme approved by ASIC. "The annual lodgment of audited accounts is an important part of a licensee demonstrating it has adequate ...