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Showing 271 - 280 of 2650 results for "Practices"

Team Super names retirement chief

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... dedicated to leading retirement matters based on the needs of their member base. "It wasn't just about maintaining past practices; it was about introducing fundamental new elements, and one of those was hiring an executive to lead on retirement matters ...

Chief executive misbehaviour stifles investment returns

ANDREW MCKEAN  |  THURSDAY, 23 JAN 2025
... investor sentiment, and in many cases, attract regulatory attention. Corporate Australia has exhibited strong governance practices, with the average governance rating of Australian companies currently higher than the company average in other major global ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025
... oversight, and internal capabilities. BlackRock said its membership of NZAM "caused confusion regarding BlackRock's practices and subjected us to legal inquiries from various public officials". In response to the climate group exodus, Glasgow Financial ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
... to asset management and overstated the financial benefits of ESG-related strategies. The complaint argued that these practices allegedly misled investors and consumers regarding BlackRock's investment objectives and alignments with climate-focused initiatives ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... modernise their technology infrastructure and member services (including advice). A perfect storm of poor procurement practices and relentless fee squeezing has made superannuation administration a horrible business to be in," Finura warned. Finura joint-managing ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... accurate securities trading information, known as blue sheet data, to the SEC, as well as comply with short selling practices.

Major climate group suspends operations

ROSE MARY PETRASS  |  TUESDAY, 14 JAN 2025
... a statement. In a letter to clients last week, BlackRock said its membership "caused confusion regarding BlackRock's practices and subjected us to legal inquiries from various public officials". In November 2024, the firm was named in a Texas lawsuit ...

Morgans Financial crowned largest licensee

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... paid $10.2 million for AMP's advice licensees and Jigsaw. AZ NGA acquired AMP's minority stakes in 16 advice practices for $82.5 million. AMP retains a 30% in the advice businesses. In closing out 2024, the total adviser population remained stable ...

PE firm acquires Mason Stevens

KARREN VERGARA  |  THURSDAY, 19 DEC 2024
... alignment, Adamantem's investment will allow Mason Stevens to further develop innovative solutions for advisers and wealth practices to deliver sophisticated investment offerings to their end-clients," Yule said. Adamantem managing director Georgina ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
Many superannuation trustees have been told they must improve their valuation governance practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. ...