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Showing 391 - 400 of 3302 results for "RIC"

CFA Institute says focus on culture

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
A new report from the CFA Institute has found that the culture of investment organisations often constrains innovation. The report, titled The future of work in investment management: changing organisational cultures, offered a series of recommendations ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
Thirty-one part-time members of the Financial Services and Credit Panel (FSCP) have been appointed by Treasury as the new disciplinary regime kicks off. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
The Commonwealth Director of Public Prosecutions has dropped all charges against the criminal cartel case involving the issue of ANZ shares. Last week, the CDPP withdrew charges against the remaining defendants, Citigroup Global Markets Australia, Deutsche ...

Scammers prey on lonely hearts

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
This Valentine's Day, Westpac and the ACCC's Scamwatch is urging people to be aware of love scams. Scamwatch found Australians had lost $56 million to love scams last year. This particular breed of scams appears to be on the rise, with 44% more lost ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... Superannuation funds will have to provide a retirement income strategy for members to assist them in their later years under the new RIC legislation, embedded in the Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021. Under ...

AIST, MetLife tackle underinsurance issue

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
MetLife and the Australian Institute of Superannuation Trustees have joined forces to raise awareness about the importance of group insurance in a bid to tackle the underinsurance problem. AIST chief executive Eva Scheerlinck told Financial Standard ...

HESTA impact lead goes it alone

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
HESTA's head of impact Mary Delahunty has established her own consultancy firm focused on authenticity in ESG. Seven Advisory is Delahunty's new venture, leaving behind her role at the $66 billion industry fund after almost four years. In a ...

Barclays appoints managing directors

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
Barclays has appointed two new managing directors of investment banking in Australia. Duncan Beattie and Duncan Connellan have been named in the roles. Beattie will lead the overall delivery of international capital markets financing for clients in ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
The wealth of Australia's 47 billionaires has doubled to $255 billion in the last two years, according to anti-poverty charity Oxfam. A briefing published today by Oxfam, Inequality Kills, has warned of the deadly nature of the world's growing ...

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
Australia, together with other rich countries, can expect economic activity to slow down in 2022 as coronavirus outbreaks continue to put a spanner in the works. Fund manager PIMCO has downgraded its developed markets outlook for countries that also ...