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Showing 31 - 40 of 1191 results for "Principle"

AustralianSuper calls for reform in pre-Budget submission

ELIZA BAVIN  |  MONDAY, 16 FEB 2026
AustralianSuper has made six reform requests to the government ahead of the Federal Budget, which is set to be delivered in May. AustralianSuper head of corporate affairs Steve McMillan said the pre-Budget submission "focuses on reforms that will enhance ...

Second consultation kicks off on ESG product labelling

MATTHEW WAI  |  FRIDAY, 13 FEB 2026
Treasury is welcoming industry feedback on the labelling of sustainable financial products, with a particular focus on retail offerings. The consultation will cover the scope of the labelling system, disclosures, thresholds for labelling, and certain ...

NSW government to turn deficit into surplus of over $1bn in FY28: TCorp

MATTHEW WAI  |  WEDNESDAY, 11 FEB 2026
The NSW government's strategy of fiscal repair will see the state's forecast return to surplus in FY28, rising to $1.3 billion, TCorp's half-yearly budget review finds. The updated data revealed that the forecasted deficit for the current financial ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
... of members when it took out group insurance policies from CMLA. CBA said in September 2025, the parties reach an in-principle settlement to resolve the class action for $140 million, with no admission of liability. The settlement is subject to court ...

Global pension assets near $90tn: Research

MATTHEW WAI  |  TUESDAY, 10 FEB 2026
Global pension assets reached a record US$68.3 trillion ($89.3tn) in 2025 across the top 22 markets, rising 9.6% year-on-year as defined contribution savings continued to drive growth, new research found. According to the Thinking Ahead Institute's ...

Government consults on victim access to child sex abusers' super

MATTHEW WAI  |  TUESDAY, 3 FEB 2026
... child sexual abuse deserve to receive the court-ordered compensation they are entitled to. This Bill establishes a clear principle that convicted perpetrators cannot use the superannuation system to shield assets from lawful compensation orders," Mulino ...

ASX names members of new advisory group

ELIZA BAVIN  |  THURSDAY, 29 JAN 2026
The ASX has appointed seven members to its newly formed Advisory Group on Corporate Governance (AGCG), chaired by Philip Lowe. The group will be filled with superannuation heavy hitters including AustralianSuper chief investment officer Mark Delaney ...

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026
The US House of Representatives has passed the Protecting Prudent Investment of Retirement Savings Act, limiting certain pension funds from considering environmental, social and governance factors in their investment decision making. The House voted ...

Granite Bay Private Wealth launches, taps BlackRock

KARREN VERGARA  |  WEDNESDAY, 14 JAN 2026
Former QIC and Morgan Stanley staffers have launched Granite Bay Private Wealth and appointed BlackRock as its outsourced chief investment officer (OCIO). Granite Bay is founded by Brisbane-based Steve Moon, who is also the managing partner. Moon was ...

SEC slams proxy adviser 'oligopoly,' urges AI use

KARREN VERGARA  |  MONDAY, 12 JAN 2026
The Securities and Exchange Commission (SEC) has slammed the oligopolistic nature of the proxy adviser industry and floated the potential for artificial intelligence (AI) to upend their stronghold. Brian Daly, the director of the SEC's division of investment ...