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| | | Leaders at Aware Super, NGS Super, Rest and AMP have all pointed to slow moving systems as standing in the way of innovation while speaking at the AM Tech Day conference in Sydney. AMP group executive, platforms Edwina Maloney said traditional thinking ... |
| | | | ... intending to "stop practices that lead to poor consumer outcomes and trust in the financial system." Subsequently, the corporate watchdog also introduced similar legislation to financial products in October 2021, opting to provide consumers greater control ... |
| | | | ... any tie" screen removed. The revenue threshold for oil and gas-related activities will also increase from 0% to 5%. Corporate issuers will be screened against new 5% revenue thresholds for oil sands extraction and Arctic oil and gas production-related ... |
| | | | ... that will target investors wanting direct investments to replace their maturing listed hybrids. Last October, Perpetual Corporate Trust (PCT) was picked to be IAM's settlement, middle office and custody partner to take care of 2000 client accounts ... |
| | | | ... matters," he said. "APRA rightly calls out that a board's role is to govern and should be focused on strategic and corporate cultural questions, setting that tone from the top. So, I think that will be welcome." The Australian Superannuation Fund ... |
| | | | ... businesses, which led to the divestment of 10 businesses. Some of the biggest carve-outs from the review included BT's corporate and personal superannuation business, which merged with Mercer, and Westpac's asset management business, Advance ... |
| | | | ... joined Perpetual five months ago as a separation specialist when Perpetual was about to divest its wealth management and corporate trust businesses to KKR. While the deal was nixed last month for tax reasons, Perpetual chief executive Bernard Reilly ... |
| | | | ... targets investors looking for regulator income with some capital growth potential, blending investment grade fixed income, corporate bonds, and high dividend yield equities. VDIF has exposure to over 12,000 securities, allocating 40% to defensive assets ... |
| | | | ... potential appointments. Other proposed changes take aim at board independence - especially for entities nested within larger corporate groups - while imposing a 10-year limit for non-executive directors. This comes amid scrutiny of governance failings ... |
| | | | ... away with capital letters was widely mocked. At one point, the derision was described by a senior abrdn executive as "corporate bullying." The rebrand was also ill-timed, coming as the asset manager battled several other issues related to performance ... |
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