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Showing 501 - 510 of 815 results for "Renewa"

Industry fund promotes internally to drive growth

HARRISON WORLEY  |  TUESDAY, 29 MAY 2018
An industry super fund with more than $44 billion in funds under management has appointed a group executive of people, technology and enablement. Cbus has promoted current group executive for member experience, Michelle Boucher, into the new role. Cbus ...

APRA urges super funds to examine board skills

HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
The prudential regulator is asking superannuation fund licensees to reconsider whether board members contain the requisite mix of skills and capabilities to fulfil their role. The regulator sent all registrable superannuation entities (RSEs) a letter ...

Commonwealth Bank CFO resigns

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
Commonwealth Bank chief financial officer Rob Jesudason has resigned with immediate effect after less than 12 months in the role. Jesudason is relocating to Hong Kong after being appointed as group president and chief operating officer of Block.one ...

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 ...