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Showing 2991 - 3000 of 7871 results for "Board"

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... combined 150,000 members. Equipsuper and Catholic Super have signed a memorandum of understanding to set up a joint trustee board that will oversee the initiative. Eventually, the two Melbourne-based funds will combine their investment pools, administration ...

APRA self-assesses shortcomings

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
... gave little consideration to insurance strategy until work commenced on the voluntary industry insurance code of practice. Board governance (SPS 510) frameworks and practices have materially improved over the period, but requirements need to be strengthened ...

Former Labor senator joins Sargon

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
A former cabinet minister in the Rudd and Gillard governments was appointed to Sargon's board. Stephen Conroy has joined as a non-executive director at Sargon, as the firm embarks on its next growth phase. Commenting on Conroy's appointment, Sargon ...

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... clients. The identities of the two parties were not revealed. New directors Freedom has also appointed two new directors to its board as it moves ahead winding up its business. Former Fairfax director Doug Halley and James Green have been appointed as ...

ME Bank adds new chair, directors

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
The industry fund-owned bank announced three changes to its board of directors, including the appointment of a new chair. ME Bank has appointed Jim Evans as chair. Evans has over 30 years' experience in the banking and financial services industries ...

Push for chief executive pay ratio disclosure

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
The Australian Council of Superannuation Investors (ACSI) is calling for chief executive's pay to be measured against that of their company's average worker and for boards to be elected annually. ACSI is calling for a corporate governance framework ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... Instead, we hear that firms are increasingly using other creative ways to attract and keep staff without paying across-the-board wage rises. These include everything from hiring bonuses, to offering extra hours, to increasing perks and workplace conditions. ...

Pension fund acquires telco

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... regulated sectors makes us an ideal partner for KCOM," he said. Interim non-executive chair of KCOM Patrick De Smedt said: "The Board believes that USSL's offer for KCOM provides, on completion, both meaningful, guaranteed cash returns for shareholders ...

IOOF breaches APRA licence conditions

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
IOOF has breached one of APRA's licence conditions by failing to establish a dedicated superannuation trustee function by the 31 March 2019 deadline. IOOF was due to meet and comply with licence conditions imposed by APRA on the embattled wealth ...

Investment manager appoints global chief

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... join the firm later this year, Jeffrey will be based in Singapore and will take a seat at the firm's group executive board. Savills IM's chief executive in-waiting was previously head of Asia Pacific for M&G Investments, and earlier was chief ...