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Showing 2321 - 2330 of 8277 results for "Performance"

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... September 25, when Cook's lawyers were seeking to strike parts of AMP's defence which claimed Cook was being performance managed. AMP and Cook have now settled by consent. AMP has paid an undisclosed sum and recharcterised her dismissal as "termination ...

Super reforms modest negative for AMP, IOOF: Credit Suisse

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... barred from receiving new members and listed as underperformers on a new YourSuper portal until they pick up their performance. Credit Suisse said 20% of AMP's funds under administration are from corporate super, while IOOF (post ANZ Wealth and MLC acquisitions) ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... as it develops the proposed YourSuper comparison tool to inform consumer decision making." He also welcomed annual performance tests as a means to weed out poor performers, but cautioned that work needs to be done to make sure existing members are not ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... APRA-administered annual test twice in a row will not be allowed to receive any new members until they improve their performance. The prudential regulator will conduct benchmarking tests on the net investment performance of MySuper products. The products ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... underperforming. Non-MySuper products will be added from July 2022. "Superannuation funds will be required to meet an annual performance test under the guidance of the prudential regulator," Frydenberg said. "Poor performing funds will have nowhere to ...

ESG ETF demand rises: Research

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... society (65%) and reduce long-term risk (58%). However, they do not want this to be done at the expense of weaker performance.

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... and 11.41%, respectively. In an ASX statement, the board acknowledged shareholder concerns surrounding the company's performance, noting it had been "another challenging year for value investment managers". "The strategic review is expected to be completed ...

MySuper funds redeem performance

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... kicked off in positive territory, recording two consecutive months of gains to August, Rainmaker's latest super performance tables show. MySuper products offered by not-for-profit superannuation funds outperformed their retail counterparts in the ...

Multi-strategy fund launches

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... US$100,000 and offers daily liquidity without any lock-ins, redemption penalties or bid-offer spread. Management and performance fees are 1.5% and 20% respectively. Ferguson Hyams Investment Management (FHIM) is run by former UBS director Gideon Hyams ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... three-lines-of-defence model." The new clearing and settlement system must meet the availability, resilience, recoverability, performance and security requirements that CHESS meets today, it said. "ASX has announced non-functional business requirements ...