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Showing 501 - 510 of 1191 results for "Principle"

Industry fund launches lifecycle default option

KARREN VERGARA  |  TUESDAY, 3 APR 2018
A $7 billion industry superannuation fund is launching a default option that will automatically adjust with members' age. The Australian Catholic Superannuation and Retirement Fund's LifetimeOne option, to be launched in May, aims to give members better ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Industry stakeholders expect 90% of Australia's superannuation funds to sign the Insurance in Superannuation Voluntary Code of Practice before March 31, despite its several shortcomings. ANZ, AustralianSuper, MLC, MTAA Super, REST Industry Super and ...

Former UniSuper investment analyst joins AustralianSuper

ALEX BURKE  |  FRIDAY, 16 MAR 2018
A senior investment analyst at UniSuper, who left the fund in July last year, has taken on a new role at AustralianSuper. Joseph McWilliams joins AustralianSuper as a senior business analyst. While at UniSuper, he worked in the portfolio analysis and ...

Major super funds urge asset manager code adoption

KARREN VERGARA  |  THURSDAY, 15 MAR 2018
Six leading superannuation funds have signed an open letter by the CFA Institute asking asset manager to adhere to a code of conduct in an effort to protect the interest of members. Australian Ethical, AustralianSuper, First State Super, Kinetic Super ...

Trustee of the Year named

JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
A director for HESTA and Frontier Advisors was named the Trustee of the Year at the Conference of Major Superannuation Funds. Angela Emslie was recognised by the Australian Institute of Superannuation Trustees, with AIST chief executive Eva Scheerlinck ...

Acadian talks big data 2.0, launches A-shares strategy

DARREN SNYDER  |  THURSDAY, 8 MAR 2018
Big data 2.0 remains in its early stages for quantitative asset managers as they attempt to be less dependent on history and evolve with more forward-looking risk considerations, especially around ESG and sustainable investing. This is the thoughts ...

Legg Mason affiliate divests tobacco, cluster bombs

ALEX BURKE  |  WEDNESDAY, 28 FEB 2018
A Legg Mason affiliate is divesting investments linked to tobacco and cluster munitions in its fixed income strategies. Western Asset is removing these investments in the Legg Mason Western Asset Global Bond Fund and Legg Mason Western Asset Australian ...

Most investors shun credit ratings: Poll

KARREN VERGARA  |  MONDAY, 26 FEB 2018
Credit rating agencies have no bearing on the majority of investors' decisions, Financial Standard's weekly spot poll shows. Almost three-in-four (74%) respondents don't rely on the recommendations of credit rating agencies - 39% of these participants ...

FSC launches asset manager governance regime

ALEX BURKE  |  FRIDAY, 16 FEB 2018
In response to ongoing scrutiny into the internal governance standards of Australia's asset management industry, the Financial Services Council has commenced its Principles of Internal Governance and Asset Stewardship regime. The FSC heralded the regime ...

Independent expert awaits bank remuneration guidelines

ALEX BURKE  |  FRIDAY, 19 JAN 2018
The independent governance expert appointed by the Australian Bankers' Association to review its consumer protection reforms, Ian McPhee, voiced his disappointment that not all participating banks have published their "overarching principles on remuneration ...