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Showing 3021 - 3030 of 7871 results for "Board"

Industry fund adds board directors

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
A $14.5 billion industry superannuation fund has added two new members to its board of directors, which now only comprises 10 seats. CareSuper has welcomed Linda Scott and Robert Potter, following the retirements of long-serving directors Cate Wood ...

Poor governance spurs calls for directorship caps

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2019
... around an attitude of it being a 'box-ticking' exercise for compliance purposes." Estimating the time she spends on board-related matters, Brennan said at least one day a week. She sits on just one board - Mortgage Choice. "It's not just ...

Ironbark, Zurich shutter funds

KANIKA SOOD  |  FRIDAY, 5 APR 2019
... value of their investment is maximized," Zurich Australia's head of savings and investments Matthew Drennan said. The board has suspended withdrawals from the Zurich Investments equity income scheme which had $158 million at January end. It expects ...

AMP overhauls wealth leadership

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... sweeping changes to the wealth manager's leadership structure. Last month, AMP scrapped bonuses for leadership teams, cut board director fees and announced that former executives would be forfeiting long and short term incentives. On the same day ...

Superannuation fund chief accepts new role

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... including a combined $10 million per annum in savings," Sunsuper chair Andrew Fraser said. "We have also established an Advisory Board made up of AustSafe Super and Sunsuper directors to assist us in honouring our commitment to rural and regional communities ...

Pinnacle partners with former Blue Sky executives

KANIKA SOOD  |  THURSDAY, 4 APR 2019
... Access Fund (ASX: BAF). The LIC had a 20.7% allocation to Blue Sky Water Fund. Pinnacle entered an agreement with BAF's board around October 18. It dropped its proposed fees on November 5 to match WAM's bid before finally withdrawing the offer ...

Wealth heavyweights join FSC board

HARRISON WORLEY  |  THURSDAY, 4 APR 2019
Some big names in wealth management have joined the board of the Financial Services Council, including from AMP and Challenger. AMP chief executive, wealth management Alex Wade, Challenger chief financial officer Andrew Tobin and Jason Yetton - who ...

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... During the Royal Commission, it was revealed IOOF left some superannuation members in expensive legacy products despite board members recognising conflicts of interests existed. In December last year APRA sought to impose licence conditions and disqualify ...

Northern Trust eyes super fund trading desks

KANIKA SOOD  |  WEDNESDAY, 3 APR 2019
... Commonwealth Superannuation Scheme, Crestone Wealth Management, Mercer, NZ Super and Government Employees Superannuation Board (GESB). Paulin says the trigger for Aussie super funds to sign up could be the need for international trading desks, as they ...

Boutique fund manager appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 3 APR 2019
An $11 billion fixed income boutique has appointed a chief executive, as it builds its team. The board of Ardea Investment Management has selected co-founder Stephen Clout as the firm's chief executive. Clout previously headed the portfolio implementation ...