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Showing 461 - 470 of 1584 results for "Power50"

Review of AFCA underway

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
The government has released terms of reference for the review of the Australian Financial Complaints Authority, asking for stakeholder feedback. The review will be conducted by Treasury, aiming to test whether AFCA is operating effectively and achieving ...

Big super locking Aussies out of homes: Wilson

ELIZA BAVIN  |  FRIDAY, 19 FEB 2021
Industry Super Australia says recent comments by Liberal MP Tim Wilson that "big super" is locking young Aussies out of the housing market are "scary". Wilson said the fact that first home buyers are unable to access their retirement savings to go towards ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
The Biden administration is putting a $3 trillion infrastructure investment opportunity on the table, which superannuation funds should seize. This is according to Australia's ambassador to the US Arthur Sinodinos, who flagged that the largest capital ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
The best financial interests duty reform has major loopholes and lacks guidance from regulators, leading to major confusion for superannuation trustees. The fourth element of the proposed Your Future, Your Super reforms should be abandoned, according ...

Iron Man launches VC funds

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
Actor Robert Downey Jr has launched two venture capital funds that invest in technological solutions that tackle environmental challenges. FootPrint Coalition Ventures comprises two funds - an early-stage Series A and late-stage Series B - led by Downey ...

Money does buy happiness: Research

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
Despite the well-known saying to the contrary, new research suggests money does in fact buy happiness. A study conducted by Proceedings of the National Academy of Sciences (PNAS) in the US found that while personal wellbeing does not increase above ...

Future Super chief executive to depart

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
The chief executive and co-founder of $1 billion ethical retail fund Future Super will depart at the end of February. Kirstin Hunter, who has been with the fund for four years, has announced she will be leaving despite recent promotions. Hunter joined ...

Natixis launches racial equity strategy

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
Natixis Investment Managers has launched a set of portfolios that aim to identify public companies that promote diversity, equity and inclusion. Active Index Advisors (AIA) Racial Equity Portfolios tracks the S&P 500 using research and its proprietary ...

Citi unifies global wealth management business

ELIZABETH MCARTHUR  |  THURSDAY, 14 JAN 2021
Citi has overhauled its wealth management business, bringing together its global consumer banking and institutional client operations. Citi Global Wealth will unify wealth management teams in global consumer banking and the institutional clients group ...