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| | | The $60 billion global manager will launch a tool to calculate a fund's carbon performance and carbon risk as a part of its ESG toolkit to help fund managers make better decisions about investments. Hermes Investment Management will also use the tool ... |
| | | | In a speech at the Master Builders Australia National Leaders Summit in Canberra, Cbus chief investment officer Kristian Fok said his fund aims to manage at least 35% of its assets internally by 2022, thereby reducing costs by about 18 basis points. ... |
| | | | BT Financial Advice is scrapping grandfathered commissions, effective October 2018. Commissions for products sold by financial advisers across the Westpac, St.George, Bank of Melbourne and BankSA network will no longer be paid on BT products or those ... |
| | | | J.P. Morgan Australia non-executive chairman Robert Priestley has resigned from the boards of the Australian Securities Exchange and the Future Fund following the ACCC pursuing a criminal cartel conduct investigation. Announcing his decision, Priestley ... |
| | | | A new executive manager, people services will join UniSuper in July. Julie Watkins joins the $66 billion super fund from HESTA, where she was people executive. Prior to that she was chief human resources officer at AIA, global talent director at Treasury ... |
| | | | MetLife Australia has appointed a former Suncorp executive as its chief strategy and customer officer. Gerard McDermott will lead the strategy, project management office, customer, digital, marketing, and data functions effective immediately. He reports ... |
| | | | Several organisations are joining a new campaign to help tackle elder financial abuse. The Australian Banking Association, National Seniors, Council on the Ageing, Older Persons Action Network and the Financial Services Union are calling on state governments ... |
| | | | "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring ... |
| | | | The Federal Government opened consultation to industry stakeholders for the first tranche of the Treasury Laws Amendment (Corporate Collective Investment Vehicle) Bill 2018. In August 2017, the Government called for initial consultation on the CCIV ... |
| | | | Inadequate returns by active managers will see Japan's Government Pension Investment Fund (GPIF) revise its fee structure to prioritise performance. Under the new structure, GPIF-contracted managers will have their base fee rate lowered to that ... |
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