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Showing 581 - 590 of 6572 results for "Review"

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... the purpose of each expenditure, how it will be funded and monitored and having processes in place that would trigger a review of an expenditure decision. "APRA recommends that trustees obtain a yearly attestation from accountable senior executive management ...

Morningstar flags governance issues, leadership turnover at Cbus

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
Morningstar has pointed out persistent leadership turnover and concerns about governance in a review of Cbus. "While turnover has not been high across the broader investment team and replacements have mostly been made, it's hard to view Cbus positively ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... announced this month that it will retain Royal London Asset Management (RLAM). "CFS will continue to closely monitor RLAM and review this decision again in early 2025 or otherwise as further information comes to hand," CFS said.

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
... are not in a product's target market and lead to breaches of the design and distribution obligations," ASIC said. The review found about half of licensees did not update risk management policies when they introduced AI capabilities. However, of those ...

$3.5tn wealth transfer scares Aussie advisers: Natixis

MATTHEW WAI  |  MONDAY, 28 OCT 2024
... opportunities posed with the generational wealth transfer are great, and the next two decades, paired with the quality of advice review, and the digital advice revolution could change how advisers operate their practices in unpredictable ways," Watson ...

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... MLC Asset Management has awarded a mandate to a global investment manager, replacing Presima and BlackRock. Following a review of its global REIT strategy, the fund manager confirmed that NYSE-listed Cohen & Steers won a new mandate but did not disclose ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... trustees are supporting members entering or approaching retirement. "Our follow up work to the 2023 joint APRA/ASIC thematic review into trustees' progress against the retirement income covenant indicates some advancements are being made, but not in ...

BlackRock lowers fees on two funds

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... funds will continue to be managed by BlackRock's Systematic investment team. "As an actively managed fund we regularly review the nature and level of risk taken in the portfolio and make changes from time to time," it said. "Based on current market conditions ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
... prioritise this supervision where member benefit is not immediately evident or cannot be reasonably justified. While it will not review all expenditure, its intention is to focus on areas where there is potential to improve practices and outcomes, APRA ...

NZ Superannuation Fund names joint CIOs

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... of the fund's investment committee. NZSF chief executive Jo Townsend said Gilmore's departure created an opportunity to review the way the investment team was structured. "Taking into account the projected future growth of the fund and the increasingly ...