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Showing 1671 - 1680 of 4992 results for "Limit"

Super fund proxy voting behaviour revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 MAY 2019
A new report from the Australasian Centre for Corporate Responsibility (ACCR) reveals just 11 of the 50 largest superannuation funds disclose complete proxy voting records. ACCR reviewed the disclosures of Australia's super funds' proxy voting ...

APRA flexes new muscles

HARRISON WORLEY  |  WEDNESDAY, 22 MAY 2019
APRA has invoked its new powers for the first time, directing IOOF and its superannuation entities to implement and maintain an Office of the Superannuation Trustee (OST) within the group or risk facing a financial penalty. The move comes after IOOF ...

Centuria acquires fund manager

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
Centuria Capital is expanding its remit, acquiring more than 63% of a specialist fund manager and launching a new entity. The investment manager has poured more than $24 million into specialist healthcare property fund manager Heathley Limited and its ...

Fintech no real threat: Researcher

ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
Australia's big banks are well placed to defend their position against fintechs hoping to disrupt the industry, according to a new report from Moody's. While fintechs may be seen to pose a growing threat, large banks have the financial resources to ...

Blue Sky enters receivership

KANIKA SOOD  |  MONDAY, 20 MAY 2019
The ASX-listed alternatives fund manager was placed in receivership this morning, as its financier exercised its rights after Blue Sky breached a term of its $50 million loan facility. Oaktree Capital Management has appointed restructuring specialist ...

Industry responds to election outcome

ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... policies including the removal of the work test requirement for those aged over 65 but under 66 and an increase in the age limit for spouse contributions from 69 to 74. Limited recourse borrowing arrangements will remain available but be counted against ...

Labor policies boost superannuation agenda

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
Australians concerned about their retirement savings should keep in mind the superannuation reforms at stake as they head to the polls tomorrow. A new analysis from the Australian Institute of Superannuation Trustees found Australians' retirement ...

VGI Partners' dual pitch to investors

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
The Sydney hedge fund manager is raising $300 million for an existing listed investment company and $75 million to list its wider business. VGI Partners Global Investments Limited (ASX: VG1) completed a $98 million placement to sophisticated investors ...

How to be a board director

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
The 30% Club and EY have joined forces to research what it takes to be considered for an ASX 200 board position. Last year, 185 non-executive directors were appointed to ASX 200 boards with 113 of those experiencing their first board appointment. EY ...

Insurtechs improve life insurance inefficiencies: Report

KARREN VERGARA  |  THURSDAY, 9 MAY 2019
... have secured more than $2 million, up from 24% in 2018. But more work is needed to ensure that access to capital does not limit the growth of both early-stage start-ups and the wider ecosystem, Parton said. In 2019, only 29% of insurtechs were in pre-revenue ...