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Showing 1811 - 1820 of 6264 results for "DET"

APRA eases hard caps in revamped executive pay

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
A new draft of APRA's remuneration guidelines has scrapped its original plan to cap financial measures' contribution to executives' variable remuneration at 50%. Instead the boards will be able to assign a "material weight" to how much of ...

AIST pokes holes in Your Super, Your Choice

JAMIE WILLIAMSON  |  THURSDAY, 12 NOV 2020
The Australian Institute of Superannuation Trustees has criticised the government's Your Super, Your Choice reforms, saying they fail to protect existing members in underperforming funds. Outlining its view of the reforms, AIST pointed out the need ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
Asset management heavyweights are urging the nation's top 100 companies to take modern-day slavery and labour exploitation seriously by lifting the hood on their supply chains. The Investors Against Slavery and Trafficking (IAST) APAC, a newly-formed ...

Audit inquiry overlooks vertical integration

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
An inquiry into the quality of audits has fallen short of recommending the breakup of the largest four vertically integrated accounting firms in a bid to combat conflicts of interest. The Regulation of Auditing in Australia: Final Report, tabled in ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
The Administrative Appeals Tribunal (AAT) has upheld a ban imposed by ASIC on an SMSF adviser who failed to disclose significant conflicts of interest. In December 2019, Wayne Blazejczyk was banned by the regulator for five years after he was found ...

AustralianSuper dodges advertising scrutiny

KARREN VERGARA  |  FRIDAY, 6 NOV 2020
The nation's largest superannuation fund is facing heat for not divulging details of its $11 million marketing expense and how effective that has been in acquiring new members. AustralianSuper chief executive Ian Silk faced the Standing Committee ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
Ord Minnett has acquired E.L. & C. Baillieu for an undisclosed amount in what it describes as "a highly welcomed strategic move". Announced yesterday, Ord Minnett said the acquisition will strengthen it as one of Australia's largest, independent private ...

Super funds overlook VC potential

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
Superannuation funds' shift to low-cost exchange-traded products is potentially at the detriment of startups and the potential upside for the local economy. This is according to Stoic Venture Capital partner Geoff Waring, who said local startups ...

WA Super provides merger update

JAMIE WILLIAMSON  |  MONDAY, 2 NOV 2020
WA Super has updated members on its planned merger with Aware Super, confirming its solutions will transfer on December 3. Members of WA Super have been notified their membership with Aware Super will commence from December 4, with their accounts to ...

VFMC hires State Super investments chief

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
The chief investment officer of the $43 billion State Super has left the role for a new one at the Victoria Funds Management Corporation. Gary Gabriel joined the VFMC investment team on October 26 as its head of the portfolio management. He will lead ...