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Showing 541 - 550 of 2189 results for "Framework"

Cbus appoints new head of portfolio strategies

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
Cbus has created a head of portfolio strategies role, bringing on board the former lead of investment model design at AustralianSuper. Leigh Gavin was appointed as the head of portfolio management, a role conceived to drive the superannuation fund's ...

Trustees to disclose more remuneration details

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
APRA will force superannuation funds to provide more details into how they pay executives, particularly wanting deeper insight into how variable remuneration is rewarded. The prudential regulator has updated Prudential Standard CPS 511 Remuneration ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... last-minute resolutions have eroded confidence in fiscal management. In addition, the government lacks a medium-term fiscal framework, unlike most peers, and has a complex budgeting process," Fitch said. "These factors, along with several economic shocks ...

Prime Super snaps up wind farms

CASSANDRA BALDINI  |  TUESDAY, 1 AUG 2023
The super fund expanded its wind-energy portfolio through the acquisition of two Victorian wind farms. The acquisition was carried out in collaboration with PATRIZIA Infrastructure, Prime Super's investment manager. The addition of the Chepstowe ...

Review forces ASX to fix intra-group conflicts

KARREN VERGARA  |  MONDAY, 31 JUL 2023
... replacement. HSF was tasked by the Reserve Bank of Australia on 15 December 2022 to review the group's governance framework. The ASX had already introduced several governance changes following the recommendations made by the RBA in the FY21 FSS assessment ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
... and governance cultures of all APRA-regulated entities by imposing a strengthened responsibility and accountability framework for those financial institutions. It is intended the FAR will become effective for ADIs six months after the legislation received ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... of regulation when seeking this type of exposure, with both industry and investors emerging as winners." ASIC's framework for crypto-asset exchange-traded products allows product issuers to meet existing regulatory obligations while addressing the ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... industry can expect to offer holistic advice as assistant treasurer Stephen Jones reasons that its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast this morning, Jones ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... potentially his last speech as governor, Lowe explained that while the government concluded that the RBA monetary policy framework is "fit for purpose," a changing landscape meant it would still need to pivot accordingly. "The world we face is increasingly ...

NGS Super continues leadership shake-up

ANDREW MCKEAN  |  WEDNESDAY, 12 JUL 2023
... strengthen our future growth and position in the superannuation industry," Previtera said. Facer will oversee the operating framework and development of strategy. He will undertake his new responsibilities in addition to the chief strategy officer role. ...