Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 1038 results for "Boards"

AMP Super, board slapped with licence conditions

KARREN VERGARA  |  FRIDAY, 14 JUN 2019
... already taken action on a number of the issues raised." In May 2019, the board moved to expand the superannuation trustee boards, broadening the range of skills and experience, AMP added. "This, together with a new trustee operating model, is designed ...

Industry wide pay cut for boards

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... of the Banking Royal Commission are already being felt by Australia's financial institutions, as shareholders and their boards move to act upon Commissioner Hayne's recommendations." Overall, across all industries and organisation types, chairs had a ...

CFS taps senior Qantas Super executive

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... trustee Caroline Hodkinson left to take an external role with a consulting firm. The office of the trustee supports the boards responsible for CFS's superannuation and investments products, including FirstChoice and FirstWrap. It acts as a representative ...

Bank appoints new chair

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... ensure we deliver long-term value creation for customers and shareholders," Allaway said. He has previously served on the boards of Woolworths South Africa, Metcash and Macquarie Goodman Industrial Trust. In his executive career, he worked with Citibank ...

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... government." Frydenberg also said he will look into the concentration of union and employer group representatives on the boards of industry superannuation funds. In early January, the Productivity Commission released 26 recommendations following a three-year ...

Material weakness in super funds, insurers exposed

KARREN VERGARA  |  THURSDAY, 23 MAY 2019
... in remuneration. APRA deputy chair John Lonsdale said it was interesting to observe the "generally positive assessments boards and senior leadership teams had of their own performance" - even when serious weaknesses were identified. "Although the self-assessments ...

How to be a board director

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 MAY 2019
... takes to be considered for an ASX 200 board position. Last year, 185 non-executive directors were appointed to ASX 200 boards with 113 of those experiencing their first board appointment. EY and the 30% Club found consensus amongst respondents that an ...

Super fund divests companies with all-male boards

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
... governance; it's also bad economic management. There's plenty of research that shows that companies with diverse boards perform better." She explained that since super funds have a responsibility to make the best investment decisions to provide ...

ACSI calls for ESG, stronger stewardship

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 MAY 2019
... integration in the formulation of investment strategies. ACSI chief executive Louise Davidson said: "Businesses and their boards need to rebuild trust with Australians. Investors can support this process through the responsible management of assets. ...

Push for chief executive pay ratio disclosure

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... Investors (ACSI) is calling for chief executive's pay to be measured against that of their company's average worker and for boards to be elected annually. ACSI is calling for a corporate governance framework that will hold companies accountable for conduct ...