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Showing 4401 - 4410 of 6884 results for "Act2"

CFSGAM commits to published stewardship principles

MARK SMITH  |  TUESDAY, 3 DEC 2013
Colonial First State Global Asset Management (CFSGAM) has published a set of Global Stewardship Principles to be adopted across its business. Developed and endorsed by CFSGAM's Global Responsible Investment Committee which is comprised of the chief ...

Market Wrap AM

AAP  |  TUESDAY, 3 DEC 2013
The Australian market looks set to open lower following falls on international markets. At 0859 AEDT on Tuesday, the December share price index futures contract was down 29 points at 5,257. In economic news on Monday, the Reserve Bank of Australia holds ...

APRA to look into The New Daily

JAMES FERNYHOUGH  |  FRIDAY, 29 NOV 2013
Assistant Treasurer Arthur Sinodinos has said the Australian Prudential Regulation Authority will look into The New Daily on the grounds that it is a misuse of members' money. Speaking to Stuart Hocking on radio station 2UE, the Assistant Treasurer ...

AustSuper denies member exploitation of group insurance

JAMES FERNYHOUGH  |  WEDNESDAY, 27 NOV 2013
AustralianSuper chief executive Ian Silk has denied that 'automatic acceptance' to the fund's group life insurance offering is being exploited. AustralianSuper's insurer, TAL, recently announced that its profits were down by almost 60% from the same ...

People aged 85+ to triple by 2040

ALEX DUNNIN  |  TUESDAY, 26 NOV 2013
Just released updated population projections from the Australian Bureau of Statistics (ABS) forecasts that by 2040 the number of people aged 65 or more will double and number aged 85 or more will triple. "The number of people 65 and over is projected ...

ASIC beefs up surveillance system

MARK SMITH  |  MONDAY, 25 NOV 2013
New upgrades to the Australian Securities and Exchange Commission's (ASIC) market surveillance system allowing the regulator to conduct multi-market supervision across futures and equities in real time are now operational. According to financial services ...

LUCRF to assess climate change investment risks

JAMES FERNYHOUGH  |  FRIDAY, 22 NOV 2013
Industry fund LUCRF Super will investigate the level of its exposure to 'carbon risks' as part of a move to prepare for the potential investment risks of climate change. The decision is part of a wider policy that saw the $3.8 billion fund recently ...

ASIC backs down on custody whistleblowing requirements

JAMES FERNYHOUGH  |  FRIDAY, 22 NOV 2013
The Australian Securities and Investments Commission (ASIC) has backed away from its plan to impose strict whistleblowing requirements on custodians, after receiving unanimously negative feedback from the industry. In CP 197, released in December 2012 ...

Group insurance faces 'perfect storm'

JAMES FERNYHOUGH  |  THURSDAY, 21 NOV 2013
The current travails of the group insurance market may be just the beginning, with a "major blow-up" potentially around the corner, according to WA Super's general manager, client services, Paul Owen. "I've heard the words 'perfect storm' bandied around ...

Combet joins IFM Investors board

JAMES FERNYHOUGH  |  THURSDAY, 21 NOV 2013
Former Labor minister for climate change Greg Combet will take up a position on the board of industry fund-owned investment manager IFM Investors. The appointment comes a month after it was announced that Combet would be taking up a year-long advisory ...