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Showing 161 - 170 of 922 results for "Incentive"

abrdn outlines climate change action plan

JAMIE WILLIAMSON  |  FRIDAY, 5 NOV 2021
The group has developed a strategy to halve the carbon intensity of the assets it manages by 2030 and to reach net zero in its own operations by 2040. The global asset management has adopted a strategy focused on Net Zero Directed Investing (NZDI) ...

Australian corporate bond overhaul

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
The House of Representatives Standing Committee on Tax and Revenue has released a report aimed at overhauling Australia's corporate bond market. The report makes 12 recommendations to support the development of a more active corporate bond market in ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
A former Freedom Insurance director and consultant will head to Federal Court for their alleged involvement in aggressive sales tactics. ASIC has commenced civil penalty proceedings against former Freedom Insurance managing director of Keith Cohen and ...

Harvey Kalman joins Raiz

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... to the company." Prior to joining, Kalman was granted 200,000 unlisted options under the company's long term equity incentive plan. The options vest on 31 October 2024 and are exercisable at A$2.302 on or before 31 October 2026. Kalman holds office as ...

Regulation, industry to curb greenwashing

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
The funds management industry, along with policymakers, must improve classifications of sustainable funds to prevent greenwashing, according to the International Monetary Fund (IMF). The IMF's Global Financial Stability Report said that $20 trillion ...

Tax incentive could boost affordable housing: ISA

ELIZABETH MCARTHUR  |  MONDAY, 27 SEP 2021
In its submission to the federal government's inquiry into housing affordability, Industry Super Australia has suggested superannuation funds could play a key role in creating more affordable housing. "Simply increasing overall housing stock will not ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
Financial advisers who are vertically integrated or have a financial relationship with fund managers pose a potential risk for conflicts of interest, particularly in relation to costs and managed accounts, new research shows. New research conducted ...

BlackRock warns against reforms based on assumptions

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
... favour reduced competition, but this isn't the case. BlackRock said: "Fund managers fundamentally don't have an incentive to favour reduced competition in a sector, as this may harm client holdings in other sectors or portfolios, e.g. an airline ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... manage," he said. MP Daniel Mulino said while it appears super funds may not be directly engaging in collusion, he asked if incentive structures such as the remuneration of executives exists so as toto reduce competition. "No," Elia said.

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ...