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Showing 491 - 500 of 815 results for "Renewa"

Mason Stevens renews custodian

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
The managed accounts provider has extended the relationship with its custodian as it continues to build its business. NAB Asset Servicing will handle Mason Stevens's custody needs for the next five years. The eight-year-old managed accounts provider ...

AMP profits nosedive, new board director announced

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
AMP profit stumbled 74% in the first half of the year as the wealth manager took a $290 million hit from advice remediation following the financial services Royal Commission. It brought in a net profit of $115 million as compared to $445 million in ...

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
Superannuation funds are coming clean about charging members advice fees in return for no services well before the financial services Royal Commission kicks into its latest round of public hearings. In the Royal Commission's fifth round, which kicked ...

Industry super fund renews board

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
A profit-for-member superannuation fund managing about $90 billion in retirement savings has appointed three directors following the retirement by rotation of existing board members. Glenn Bunney, Pip Carew and Tom Symondson have joined the board of ...

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
BT Financial Group will pass on the benefit of banning grandfathered commissions to its clients instead of retaining it, the Financial Services Council Summit heard. BT Financial Group general manager advice Michael Wright told Financial Standard the ...

Fossil fuelled Ireland to divest for climate change

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
The Republic of Ireland looks set to become the world's first country to divest from fossil fuels. On July 12 lawmakers in the nation's Dail Eireann - the lower house of parliament - passed a bill requiring the Irish government to sell off any interests ...

Pengana adds social measures to impact reporting

HARRISON WORLEY  |  MONDAY, 9 JUL 2018
The $3 billion fund manager has incorporated social measures into its WHEB Asset Management Impact Report for the first time. Pengana launched its 2017 WHEB Asset Management Impact report, incorporating four social measures in addition to the five environmental ...

New NAB product garners CEFC support

JAMIE WILLIAMSON  |  MONDAY, 18 JUN 2018
The Clean Energy Finance Corporation is making a cornerstone investment in a new responsible investment offering from NAB which targets fixed income investors. CEFC has invested $90 million in the new $200 million Low Carbon Shared Portfolio, which ...

Macquarie bolsters green investments

JAMIE WILLIAMSON  |  THURSDAY, 14 JUN 2018
Macquarie Group issued a new loan facility, including $880 million to be specifically directed into green projects. Totalling more than $3.5 billion, Macquarie said its new facility demonstrates its ongoing commitment to green energy and technology ...

Pension fund becomes green lender

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUN 2018
A $470 billion pension fund is set to issue its inaugural green bond, providing additional funding to increase its own green holdings. Claiming to be the first pension fund to do so, the Canada Pension Plan Investment Board (CPPIB) described the issuance ...