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Showing 151 - 160 of 2423 results for "Directors"

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... the best financial interests of members. It also found the fund's processes for determining the propriety of board directors are lacking. Cbus has released the independent review conducted by Deloitte, saying it has accepted all 26 recommendations ...

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
... trio will also join BlackRock's Global Executive Committee with Kapnick to be assigned as an observer to its board of directors. "I am excited by what HPS and BlackRock can do together for our clients and look forward to welcoming Scott Kapnick, Scot ...

Keystone Asset Management to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... and then to invest part or all of their superannuation into Shield," ASIC said. In all, ASIC is investigating KAM, its directors and officers, the super trustees, the financial advisers who recommended investments in Shield, the lead generators, and ...

TelstraSuper and Equip Super merger to go ahead

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... independent deputy chair. The merged entity's board will comprise an equal number of legacy TelstraSuper and Equip Super directors. The equal representation model will be maintained with two independent directors, four employer-representative directors ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... members. Swan disagreed with that statement, saying the fund only makes payments under partnership agreements, or to directors who are also union members. "We haven't given money to anybody. We've entered into partnership agreements where services ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... March 2025. It imposes a strengthened responsibility and accountability framework on APRA-regulated entities, their directors, and most senior executives. The letter outlines observations on the registration and notification lodgments made by banking ...

Cbus confirms CFMEU nominations to board

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
... direction of APRA. The findings of the review are likely to be published before the end of the year. Under Commonwealth law, directors on the boards of superannuation funds such as Cbus have an ongoing obligation to satisfy a 'fit and proper persons ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... it will turn up the heat on superannuation funds by adding new enforcement priorities and flagging that it will hold directors on trustee boards to the same standards as those in big companies. While the corporate regulator heightened its focused on ...

Cbus board still considering CFMEU directors

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2024
... chief executive Kristian Fok said the fund's board is still considering whether it will appoint the replacement directors nominated by the CFMEU back in September. In September, the CFMEU administrator re-nominated former CFMEU ACT boss Jason O'Mara ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... company's deferred remuneration plan. They did, however, approve the elections of Rachel Grimes and James Simpson as directors. Last month, 88% of Perpetual shareholders voted against adopting the remuneration report, hitting the active fund manager ...