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Showing 701 - 710 of 3242 results for "Employee"

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... round, of which 13 failed. This represents a pass rate of 84%. The full list of failing funds is: AMG MySuper, ASGARD Employee MySuper, Australian Catholic Superannuation and Retirement Fund's LifeTime One, AvSuper Growth, BOC MySuper, Christian ...

Funds management staff want remote work: Research

KARREN VERGARA  |  FRIDAY, 27 AUG 2021
Investment management professionals are demanding more flexibility in a post-COVID world, but many employers still need convincing, a new survey finds. The CFA Institute's survey into the future of work reveals that most men (80%) and women (87%) want ...

APRA outlines remuneration standard

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
The prudential regulator released its final standard for remuneration across superannuation, banking and insurance which could see individuals lose their bonus in the event of poor risk conduct. Cross-industry Prudential Standard CPS 511 Remuneration ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... Ethical's $1.9 billion balanced fund (17bps). These are followed by Russell Master Trust general division and Asgard employee MySuper ((15bps improvement each), Prime Super and Colonial First State FirstChoice Superannuation Trust (14bps imporvement ...

Netflix insider trading ring charged

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
... Junwoo Chon, who both used it to trade in advance of multiple Netflix earnings announcements. After Jun left Netflix as an employee, he continued to obtain confidential information about subscriber numbers from another insider - Ayden Lee - according ...

SEEK raising $260m for new fund

KANIKA SOOD  |  WEDNESDAY, 11 AUG 2021
The ASX-listed jobs listing business will raise $260 million from external investors for a new fund that invests in employment-related businesses. The SEEK Growth Fund is a pooled unit trust formed after SEEK's strategic review of its Asia Pacific and ...

Profit boost for CBA, ups remediation bill

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... million relates to historical aligned advice compensation issues, while $249 million relates to banking, wealth and other employee-related remediation. The bank is juggling a number or class actions. It is defending itself against four superannuation ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
NAB's purchase of Citigroup's local consumer business includes Citi's roughly 4000 wealth clients. NAB will pay Citigroup cash for the net assets and a premium of $250 million. Citigroup's consumer banking business includes lending assets of $12.2 billion ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
A former financial adviser has received a conditional release without conviction for a period of two years after pleading guilty to false document charges. Wael Kourieh, who was an authorised representative of Hillross between 2010 and 2016, pleaded ...

Acquisition to create APAC real assets heavyweight

JAMIE WILLIAMSON  |  FRIDAY, 6 AUG 2021
A Hong Kong-based real estate developer will acquire a leading APAC real assets fund manager to become the largest manager of its kind in the region. ESR Cayman Limited is to acquire 100% of ARA Asset Management for $7 billion (US$5.2bn) via a 90/10 ...