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Showing 511 - 520 of 1193 results for "Principle"

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 ...

Super fund ESG specialist joins PRI committee

DARREN SNYDER  |  TUESDAY, 9 JAN 2018
An ESG investment specialist at a $41 billion industry superannuation fund recently joined one of the top advisory committees at the Principles for Responsible Investment. Prior to Christmas the United Nations-supported PRI announced its newest members ...

FSC finalises life insurance APL guidelines

ALEX BURKE  |  FRIDAY, 22 DEC 2017
The Financial Services Council finalised the standard for life insurance approved product lists. From 1 July 2018, Australian financial service licencees who are members of the FSC will be required to include three or more life insurers on their APL. ...

Early super release consultation opens

KARREN VERGARA  |  THURSDAY, 21 DEC 2017
... long way since then and it is important to ensure the arrangements remain fit for purpose. She said the preservation principle or the rapid rate which funds have been released, along with the lack of restriction members can apply for early release on ...

French giant intensifies action on global warming

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2017
... renewable energy projects by 2020. Further, the bank announced in October it would no longer work with companies whose principle business activities involve the exploitation of gas or oil from shale or tar sands. "I am convinced that banks-which have ...

ACSI adds $87 billion super fund

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2017
The Australian Council of Superannuation Investors is welcoming one of Australia's largest superannuation funds as its newest member. First State Super is the 38th fund to join ACSI's stable, reflecting its commitment to responsible investment. ACSI ...

Euroz partners for first managed account models

JAMIE WILLIAMSON  |  WEDNESDAY, 6 DEC 2017
ASX-listed diversified financial services business Euroz has engaged a boutique investment firm to develop its first managed account offering. Following an extensive review process, Euroz has selected Innova Asset Management to build and oversee tailored ...

Australia braces for Amazon impact

ALEX BURKE  |  TUESDAY, 5 DEC 2017
Amazon has finally launched in Australia and the retail sector is likely to experience significant hurdles - but Amazon itself will face its own challenges, according to financial services experts. Amazon Australia country manager Rocco Braeuniger said ...

HSBC cops historic fine for Lehman-linked failures

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2017
The Hong Kong branch of HSBC's private banking division was fined a record HK$400 million (AU$67 million) for material systemic failures in the lead up to the GFC. Hong Kong's Securities and Futures Appeals Tribunal upheld the Securities and Futures ...