Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2421 - 2430 of 7871 results for "Board"

APRA spells out unlisted asset valuation standards

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
... staff and they would also be reviewed by either or both of the investment committee and the audit committee and put to the board for final sign off of the financial statements." Rowell said if they had any concerns about the elements of the process ...

First Sentier bolsters board of directors

ALLY SELBY  |  THURSDAY, 6 AUG 2020
First Sentier Investors has appointed a non-executive director to its board, following the selection of two other independent directors. Susie Rippingall has nabbed the role, and will join recently appointed non-executive directors Michelle Tredenick ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
... Australia (RBA) delivered what every rational individual expected it to. At the conclusion of its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic low of 0.25% and ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... Heine said the company typically doesn't discuss commercial agreements but confirmed the new fee applied all across the board. "The fee is for administration. It is not based on FUM, it is the same for all managers and it seeks to recover the significant ...

Life insurance at tipping point: Industry leaders

ALLY SELBY  |  FRIDAY, 31 JUL 2020
Life insurance leaders have pushed for immediate and authentic change, lest current legacy business models and products hinder the growth and sustainability of the industry. Speaking at the Financial Services Council's (FSC) 2020 Life Insurance ...

Platforms reveal merger details

ANNABELLE DICKSON  |  FRIDAY, 31 JUL 2020
... unanimously recommend to shareholders that in the absence of a superior offer to accept the offer for all Powerwrap shares. "The board of Powerwrap believes the offer presents an excellent opportunity for Powerwrap shareholders to participate in the ...

HUB24 awards super trustee mandate

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
HUB24 has appointed a new trustee for its $7.9 billion superannuation fund, after deciding to swap out Sargon's Diversa Trustees earlier this year. Equity Trustee's HTFS Nominees will now act as the trustee for HUB24 Super. "We are delighted to have ...

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
IOOF has recorded an increase in funds under management, advice and administration of 3.4% to $202.3 billion while also increasing remediation provisions by $80 million. The wealth manager is expecting an underlying profit from continuing operations ...

APRA intervention blindsided AFA, FPA taskforce

ELIZABETH MCARTHUR  |  TUESDAY, 28 JUL 2020
... client it starts to make it very difficult from an advice perspective," Kewin said. "That is one of our challenges across the board... the red tape we have at the moment is making each entity responsible but at the same time it's watering down the responsibility ...

SMSFA, FSC call for infrastructure investment access

ANNABELLE DICKSON  |  TUESDAY, 28 JUL 2020
... trillion of the superannuation pool, have joined forces to present this policy to the National COVID-19 Commission Advisory Board and National Cabinet. SMSF Association chief executive John Maroney said: "It has always been a bone of contention with ...