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Showing 491 - 500 of 802 results for "Renewa"

AMP to fight class actions, prioritise performance

HARRISON WORLEY  |  THURSDAY, 10 MAY 2018
AMP confirmed it will vigorously defend two class action lawsuits brought against it by shareholders in the wake of the Financial Services Royal Commission. In an ASX announcement on the morning of its AGM, AMP stated it had been served with two class ...

Three AMP directors step down

ALEX BURKE  |  TUESDAY, 8 MAY 2018
Three non-executive directors have chosen to resign from AMP's board. While Patty Akopiantz will serve until the end of the year, Vanessa Wallace and Holly Kramer will step down from the board ahead of AMP's annual general meeting. Wallace will also ...

Super fund launches renewable energy investment option

KARREN VERGARA  |  THURSDAY, 3 MAY 2018
Future Super will launch its new investment option later this month, one which targets a 20% allocation to renewable energy and does not invest in fossil fuels. Future Super co-founder Simon Sheikh said Future Super Growth (Renewables Plus) empowers ...

CBA enters APRA EU

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
APRA has accepted an Enforceable Undertaking from Commonwealth Bank, having determined the bank's operational risk management framework "worked better on paper than in practice." Releasing the final report of its prudential inquiry into CBA, the regulator ...

Uncertainty abounds future of advice regulation

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
Testimony provided to the Royal Commission by key financial advice associations and the corporate regulator raised concerns as to the organisations' efficacy in identifying and penalising misconduct. In closing the Royal Commission's inquiry into financial ...

Centuria bets on ex-CBD Sydney office building

KANIKA SOOD  |  MONDAY, 30 APR 2018
The $4.6 billion specialist investment manager has leveraged its partnership with a wholesale investor to acquire a Sydney office building located about seven kilometers away from the CBD, as it sees strong performance in the NSW metropolitan office ...

Brenner leaves AMP

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
Catherine Brenner has resigned as chair of AMP and stepped down from the board. A senior executive is also departing and the firm has cleared itself of any wrongdoing over the preparation of a Clayton Utz report. In the wake of the Royal Commission's ...

XTB launches ESG fixed income portfolio

KANIKA SOOD  |  MONDAY, 23 APR 2018
The $265 million fixed income securities manager has launched a fixed income portfolio of ESG securities, with an absolute return objective of 1% above the cash rate. The XTB emerald fixed income portfolio is a managed portfolio of individual bond units ...

Meller to leave AMP immediately

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Craig Meller has stepped down as chief executive of AMP effective immediately. AMP has announced Meller will leave the role in the wake of financial advice failings and misconduct brought to light by the Royal Commission. AMP non-executive director ...

CountPlus firm acquires NSW practice

ALEX BURKE  |  FRIDAY, 13 APR 2018
A CountPlus financial planning member firm will acquire 100% of a New South Wales accounting practice. Robson Partners will acquire Walker & Andrews with the process finalising on May 1. CountPlus described the acquisition as "earnings-accretive" for ...