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Showing 311 - 320 of 3369 results for "Committee"

FCA issues notices to Link Fund Solutions, Woodford

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... not the FCA's final decisions and both parties have the right to make representations to the Regulatory Decisions Committee. In the event that the FCA makes final decisions, it intends to make its findings public at the appropriate point, but it ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
... recommendations. The investment banking giant's enhancements will include "more portfolio manager participation in proxy committee decision making" and "diminished role of proxy advisor recommendations." By the end of 2024, J.P. Morgan Asset Management ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... instances recorded, yet the body overseeing their conduct fears this is likely under-reported. The Life Code Compliance Committee (LCCC) saw another increase in the number of code breaches during 2022-23, rising 9% and amounting to 12,314. Four life ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...

MetLife enhances employee benefits package

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2024
... saying the new policy is designed to support a more inclusive workplace. Following consultation with its employee-led DEI Committee and reviewing statistics from the Diversity Council Australia and its own survey on employee benefits trends, MetLife ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... into the entire framework, worrying many fund managers operating in the high-net-worth space. The Parliamentary Joint Committee on Corporations and Financial Services will review the wholesale investor tests to determine if they are still relevant. According ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... warned iron ore prices and a softening labour market put a dent in how large it will be. Speaking at an event for the Committee for Economic Development of Australia, Chalmers said many of the big Budget announcements have already been made, including ...

Two more executives leave Morningstar

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... responsibilities included research and management of managed fund recommended lists for financial advisers and investment committee membership. Morningstar is still seeking to replace Peter Warnes, who retired earlier this month as head of equities research. ...

ART adds heavyweights to board

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... investment banking and listed company senior executive Mark Burgess has been appointed chair of ART's investment committee as part of the planned changes to the board. Burgess was the inaugural chair of HESTA's investment committee. He stepped ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
The US Federal Open Market Committee (FOMC) chose to keep the benchmark policy rate at 5.25% to 5.50%. Despite holding rates at their current level, the latest dot plot revealed the FOMC expects 75 basis points of cuts this year, with more to come in ...