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Search ResultsShowing 31 - 40 of 100+ results for Karren Vergara
Westpac prioritises risk management
KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Westpac announced risk management and rebuilding its culture will be its top priorities for 2021. The bank paid $105 million to about 548,000 customers it has wronged during the first quarter ending December 2020, as announced in a trading update this ...
Australia sweeps pension market rankings
KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Australia is the most successful pension system among developed countries, according to Wills Towers Watson. The firm's Thinking Ahead Institute 2021 Global Pension Assets Study said Australia's thriving pension system boasts an 11.3% per annum ...
SMSFs primed for best financial interests duty
KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Self-managed superannuation funds are ahead of the game in terms of meeting the looming best financial interest rules, according to its peak body. SMSF Association deputy chief and director of policy and education Peter Burgess told the association's ...
Hostplus enhances ESG option
KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Hostplus is changing its sustainable investment option on the back of growing demand from members who want a more sustainable and principled approach to their investments. The Socially Responsible Investment Balanced option (SRI) now excludes a broader ...
T. Rowe Price names president, operations chief
KARREN VERGARA  |  MONDAY, 15 FEB 2021
T. Rowe Price has appointed a new president and chief operating officer, promoting an investments veteran and head of finance respectively. Rob Sharps, the new president who will continue to serve as head of investments and group chief investment officer ...
MMC acquires super fund administrator
KARREN VERGARA  |  MONDAY, 15 FEB 2021
A boutique superannuation administrator has been acquired by Kiwi firm MMC in a move to expand its presence in Australia. MMC is now the owner of Brisbane-based IFAA Group after it first bought a stake in March 2020 of nearly 50% . The total consideration ...
Hume slams superannuation circus
KARREN VERGARA  |  MONDAY, 15 FEB 2021
Senator Jane Hume has slammed the spectacle within the superannuation sector and the conflicting views from executives and industry bodies, which she says is the most "frustrating" part of her job. The Minister for Superannuation, Financial Services ...
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 ...
BNY to launch crypto admin platform
KARREN VERGARA  |  FRIDAY, 12 FEB 2021
BNY Mellon will establish a new asset servicing unit that will cater to the growing demand for digital assets such as cryptocurrency. The digital assets unit, which will be led by Mike Demissie as head of advanced solutions, is currently developing ...
Financial sector has deep pockets for philanthropy: Report
KARREN VERGARA  |  FRIDAY, 12 FEB 2021
A new philanthropic report finds that ASX-listed financial firms were among the largest donors that gave generously to the coronavirus and bushfire appeals. An analysis by Strive Philanthropy found the largest ASX-listed companies pledged $1.1 billion ...
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