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Showing 31 - 40 of 214 results for "Basel"

The most powerful driver of risk culture in super: KPMG

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
According to a KPMG risk management trends in superannuation report, governance is believed to be the most powerful driver of risk culture in super, but some frameworks have deficiencies. KPMG said funds have established a risk culture framework which ...

Financial advice adds $150k in retirement: Analysis

JAMIE WILLIAMSON  |  TUESDAY, 29 NOV 2022
Research from Aware Super suggests members who access financial advice end up $150,000 better off in retirement compared to those that don't. From a sample of over 100,000 members, some of which received comprehensive advice, Aware Super found those ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
APRA general manager of governance, culture, remuneration and accountability Stuart Bingham said a strong risk culture is essential for effective risk management outcomes. In a speech, delivered at the Financial Services Assurance Forum, Bingham discussed ...

APRA proposes safeguards against risk events in super

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
APRA has proposed to replace the existing Prudential Standard SPS 114 Operational Risk Financial Requirement (SPS 114) with enhanced obligations for trustees, to improve how they manage financial resources to protect fund members from poor operational ...

Packhorse lists cattle stations for sale

CHLOE WALKER  |  MONDAY, 7 NOV 2022
Packhorse Pastoral Company has listed a portfolio of three large stations for sale, following the passing of its co-founder Tom Strachan earlier this year. Strategically acquired over the past three years, the Queensland and New South Wales pastoral ...

Cbus overhauls climate change reporting

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
Cbus has updated its climate change roadmap to meet its 2030 target of reducing emissions by 45%, including a change in reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. The ...

Government to boost paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
The federal government plans to extend the Commonwealth paid parental leave scheme to six months come 2026. Over the weekend, prime minister Anthony Albanese said the government's October 25 Budget will introduce reforms to improve the systems' flexibility ...

UniSuper caps future investment in fossil fuels

RACHEL ALEMBAKIS  |  FRIDAY, 16 SEP 2022
The board of UniSuper has imposed a cap on fossil fuel exposure of 7% and has divested from companies that generate more than 10% of revenue from the extraction and production of thermal coal. UniSuper has issued its fifth annual climate risk report ...

Climate skills development needed: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 7 SEP 2022
Insights from the UTS Institute for Sustainable Futures has seen 63% of investment professionals admit their climate skills need developing. Research director Alison Atherton offered delegates to the Conference of Major Super Funds a sneak peek of work ...

NGS Super bolsters investment team

ANDREW MCKEAN  |  FRIDAY, 19 AUG 2022
NGS Super has made two new hires to strengthen its capabilities in international and Australian equities, as the fund works toward a carbon-neutral investment portfolio by 2030. Susan Ding has been appointed as a senior manager of international shares ...