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Showing 231 - 240 of 1038 results for "Boards"

Legislation introduced to create Queensland mega fund

JAMIE WILLIAMSON  |  THURSDAY, 9 SEP 2021
... and minister for investment Cameron Dick introduced the legislation into parliament after it was delivered by both funds' boards. The bill aims to enable the merger while "protecting the existing entitlements and benefits of members", Dick said. The ...

Platinum LICs combine boards

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
Platinum Asset Management's Asian equities and global equities LIC will now have a common board, as its Asia LIC's chair Malcolm Halstead retires. Platinum Capital Limited (ASX: PMC) and Platinum Asia Investments Limited (ASX: PAI) will both ...

Breach reporting guidance released

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... firms identify and act swiftly on the breaches that matter, making sure they get the attention they deserve. Licensees and boards will have greater confidence they are doing the right thing by consumers, and ultimately their firm and shareholders," she ...

APAC pension funds fastest growing: Study

JAMIE WILLIAMSON  |  TUESDAY, 7 SEP 2021
... of funds as well as an increasingly global focus. "The significance of these changes means the governance burden on fund boards is rapidly evolving, with new roles and responsibilities, and a different approach to oversight required." North America remains ...

Super funds not ready for IDR

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... include attention to governance arrangements concerning IDR processes. The survey found 29% of trustees had not briefed their boards on their obligations under RG 271 (which relates to the IDR). "This raises concerns about whether the enforceable requirements ...

No all-male boards in ASX 200

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
For the first time ever, there are now no all-male boards within Australia's top 200 companies. The milestone comes as the final two companies with all-male boards, both mining companies, appointed female non-executive directors to their boards this ...

ASX 200 doubles down on net zero

ANNABELLE DICKSON  |  MONDAY, 23 AUG 2021
... for more companies to disclose how their scenario analysis informs their long-term corporate strategies. Many Australian boards are clearly integrating climate risk into their strategic decision making by articulating long-term emission reductions targets ...

Sydney Airport rejects AustralianSuper takeover

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
... share. Sydney Airport was trading at $7.75 at time of writing. Previously, the consortium had bid $8.25 per share. The boards of Sydney Airport concluded that the revised offer still represented an undervaluing of Sydney Airport, saying that it was opportunistic ...

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
... benefits from a combined fund". A period of reciprocal due diligence has now commenced, with the funds' respective boards anticipating they can execute a successor fund transfer deed and complete a merger in Q2 of next year. At the time, Hostplus ...

Funds valued illiquid asset correctly: ASIC

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... valuations are regular, robust and reflect the fair value of the assets." Fund managers, however, can do better at having boards closely monitoring valuation processes and becoming more involved in adopting external valuations; and segregating roles ...