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Showing 6681 - 6690 of 19591 results for "RIS"

APRA grilled over superannuation

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
APRA's handling of NAB and AMP fee for no service scandals were in the spotlight as chairman Wayne Byres was asked about the regulator's superannuation work in the final hours of the Royal Commission's public hearings. The prudential regulator reviewed ...

Stop undermining franking credit refunds: Wilson

KARREN VERGARA  |  FRIDAY, 30 NOV 2018
Wilson Asset Management chair Geoff Wilson warned the proposed changes to franking credit refunds will not only damage the Australian economy but undermine the tax system. Wilson presented an economic case on why both sides of politics should safeguard ...

Superannuation funds ramp up co-investment opportunities

KARREN VERGARA  |  FRIDAY, 30 NOV 2018
Australian superannuation funds are actively partnering to seize investment opportunities in infrastructure and real estate compared to global counterparts, new research shows. Preqin's Australian Superannuation Funds in Alternatives report finds ...

Investment manager chair retires

DARREN SNYDER  |  FRIDAY, 30 NOV 2018
The chairman at one of Australia's largest institutional investors, and a long-time industry superannuation fund advocate, will retire next week. IFM Investors chair Garry Weaven will leave his role at the firm's board meeting on December 4, and ...

Chief economist update: The angel in the capex details

BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
Australian actual total capital expenditure was down 0.5% in the third quarter following a 0.9% decline in the second and lower than market expectations for a 1% pick up. That's the headline splattered on our screens when the Australian Bureau of ...

Blue Sky LIC adds new directors, denied pay rise

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
Two new board directors have been appointed to oversee the Blue Sky Alternative Access Fund. At the same time, a six-figure aggregate increase to the annual remuneration of non-executive directors was not approved by shareholders. Based on proxy forms ...

Asset manager consolidation top of mind for HNWIs

DARREN SNYDER  |  WEDNESDAY, 28 NOV 2018
More than 95% of high net worth individuals in Asia Pacific (excluding Japan) are prepared to consolidate assets with their primary wealth manager, provided there's a strong connection. But it's less likely in Australia. The number dips to 73% ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
AMP has issued a clarifying statement following interim chief executive Mike Wilkins' testimony to the Royal Commission that the fees-for-no-service issue was initially expected to cost $1.2 billion and take nine years to remedy. He also flagged ...

Culture dominates shareholder engagement

KARREN VERGARA  |  TUESDAY, 27 NOV 2018
As the Royal Commission sharpens its focus on accountability and corporate culture, an institutional investor says these two issues will now shape conversations with boards more than ever. SSGA senior managing director Susan Darroch said the significant ...

Super fund offloads harmful holdings

JAMIE WILLIAMSON  |  TUESDAY, 27 NOV 2018
A $9.2 billion industry superannuation fund has become the latest to divest tobacco, thermal coal and tar sands producers. In addition to their existing controversial weapons exclusion, Vision Super will be culling investments in tobacco, thermal coal ...