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Showing 381 - 390 of 1114 results for "Parent"

CBA provides BoCommLife update

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
... sale of its stake in BoCommLife. The bank will divest its 37.5% stake in BoCommLife to MS&AD Insurance Group Holdings, the parent company of Mitsui Sumitomo Insurance Co for $886 million. CBA has revised the non-cash gains and losses of divestments of ...

Bennelong adds to board

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
... veteran has joined the board of Bennelong Funds Management. Michael Dwyer joined the board of the fund manager and its parent company Bennelong Funds Management Group as non-executive director on December 1. Dwyer served as First State Super chief executive ...

Acadian reduces fees

ELIZA BAVIN  |  WEDNESDAY, 2 DEC 2020
Acadian Asset Management has reduced fees for several of the funds it, and its parent company, manage in Australia. The asset manager said in addition to reducing base fees, all performance fees have also been removed. "As a result of the changes, the ...

Dollarmites faces more backlash

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
Commonwealth Bank's lucrative Dollarmites program has taken another blow as Victorian schools have banned such programs in favour of financial lessons. Dollarmites came under fire in 2018 when ASIC began a review into school banking programs. In its ...

Zurich to pay super on parental leave

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
... adoption, surrogacy, IVF, miscarriage and stillbirth are all covered under the new plan. Employees who are the primary parent will be entitled to 16 weeks' paid leave. In total, they will be able to request up to two years' leave. Importantly, they will ...

SSGA names global investments chief

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... financially material environmental, social and governance issues throughout the investment process, he added. Separately, parent company State Street named Richard F. Lacaille as senior investment adviser to manage company-wide leadership of ESG solutions ...

SG rise no real benefit to women: Review

JAMIE WILLIAMSON  |  FRIDAY, 20 NOV 2020
While not making explicit recommendations, the Retirement Income Review has warned against increasing inequities already in the system, citing that a rise in the super guarantee would benefit men more than women. The review has stated that consideration ...

Mental health over financial health: Research

ELIZA BAVIN  |  THURSDAY, 19 NOV 2020
The MetLife 2020 Employee Benefit Trends Study found the majority of Australian workers feel their mental health is the most important aspect to focus on in the wake of COVID-19. Around 70% of workers said mental health is the most important thing to ...

Super funds bullish on hiring

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
Recruitment activity in the superannuation industry has surged as many want to hire professionals skilled in the areas of data, ESG and risk, Kaizen Recruitment data reveals. Less than 5% of superannuation fund executives told the specialist recruiter ...

AustralianSuper ratings slide at Morningstar

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
... the same fund separately). It also added greater calibration in its existing five-pillar rating process (people, process, parent, performance and price). Previously the first three pillars were rated on a three-point scale (positive, negative and neutral) ...