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Showing 441 - 450 of 2850 results for "Initiative"

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
KPMG has proposed superannuation reforms targeted at home carers and recipients of paid parental leave to help close the gender gap. The KPMG Towards Gender Equity in Retirement report recommended the government consider adding superannuation contributions ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023
The Australian Competition and Consumer Commission (ACCC) has outlined eight principles designed to combat greenwashing by businesses and protect consumers. The ACCC has published a draft guidance to address "concerning conduct" arising from a recent ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
The Financial Regulator Assessment Authority (FRAA) has affirmed the effectiveness of APRA in superannuation supervision, while identifying underdevelopment in the regulator's resolution function. The FRAA tabled five recommendations for APRA to enhance ...

NGS Super continues leadership shake-up

ANDREW MCKEAN  |  WEDNESDAY, 12 JUL 2023
NGS Super has appointed its first deputy chief executive and a new chief risk officer, following the appointment of chief executive Natalie Previtera. Current chief strategy officer Ben Facer will assume the newly created deputy chief executive role ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... assets would be required to hold more capital, strengthening their position in the event of a downturn. Barr called the initiative "a holistic approach." "Capital requirements are multi-layered with different components. A holistic approach is important ...

Commonwealth Bank backs Wollemi Capital

CHLOE WALKER  |  MONDAY, 10 JUL 2023
The bank was a major strategic investor in the investment boutique's recent capital raising, eyeing an opportunity to help its customers better manage their own carbon emissions. Named after the endangered Australian pine tree species, Wollemi Capital ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... commented on its plans to roll out a suite of new products and services for its members as part of a digital transformation initiative. In May, the fund completed a project to consolidate five legacy technology systems into a single administration and ...

Power50 kicks off for 2023

JAMIE WILLIAMSON  |  MONDAY, 3 JUL 2023
Nominations are now open for the annual FS Power50, recognising the most influential financial advisers in the profession. Now in its 10 th year, the FS Power50 aims to shine a light on those advisers who are doing the most for their industry and their ...

Rest bolsters impact portfolio with private equity investment

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... invested in a pooled buyout fund run by European private equity firm ARCHIMED. The investment is part of a broader initiative to fulfill the superannuation fund's target allocation (1%) to impact investments in its total portfolio by 2026. Rest private ...

RIAA chief executive to exit

ROSE MARY PETRASS  |  FRIDAY, 30 JUN 2023
After serving as chief executive of the Responsible Investment Association Australasia (RIAA) for more than 10 years, Simon O'Connor is leaving at the end of this year. O'Connor took the position in February 2013, leaving environmental non-profit ...