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Showing 751 - 760 of 3276 results for "RIC"

New ASX governance principles target culture

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
The ASX and its new corporate governance principles unveiled overnight are taking a leaf out of Commissioner Kenneth Hayne's final recommendations. The fourth iteration of the ASX Corporate Governance Council's principles and recommendations ...

Wills are an afterthought for the rich: Lawyer

KARREN VERGARA  |  WEDNESDAY, 27 FEB 2019
The number of wealthy people who don't have wills or rely on do-it-yourself will kits still comes as no surprise to an estate planning expert. Australian Unity Trustees national manager of estate planning Anna Hacker says wealthier people are not as ...

Rich families stingier with charities

KANIKA SOOD  |  MONDAY, 25 FEB 2019
Wealthy families gave away a smaller slice of their household income in 2018 compared to those on the other end of the economic spectrum, a new study has found. Roy Morgan found that households bringing in $130,000 to $250,000 in household income gave ...

Australia ahead in gender diversity

KARREN VERGARA  |  MONDAY, 25 FEB 2019
Australia's commitment to making gender diversity on boards a serious business imperative and without government intervention has made it a standout from other countries. And financial services led the way. Women accounted for 32.4% of superannuation ...

SMSFA turns up the heat on franking debate

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
Both sides of the franking credit debate were given air time during day one of the Self-Managed Superannuation Fund Association's national conference in Melbourne, but one dominated. Opposition to Labor's franking credits policy rose on the ...

Adviser asked to cover regulator costs

KANIKA SOOD  |  MONDAY, 18 FEB 2019
The Queensland Supreme Court has issued orders against a man who ran an unlicensed advice business and collected kickbacks on investment properties he recommended to his SMSF clients. Richard Gardner and Advanced Wealth Financial Services Pty Ltd (where ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...

Industry fund appoints chief executive

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
An $8 billion industry superannuation fund has looked inwards for its new chief executive officer. Tony D'Alessandro has been appointed to lead Statewide Super, and will take the reins from March 1. Currently serving as the fund's general manager ...

HESTA veteran retires, new role created

KARREN VERGARA  |  THURSDAY, 14 FEB 2019
Long-serving HESTA executive Rob Fowler announced he will retire in July. Fowler is currently the investment execution executive for the $46 billion industry fund. His 15 years at HESTA includes working as an executive manager of investments and governance ...

Pendal acquires Regnan

KANIKA SOOD  |  THURSDAY, 7 FEB 2019
Pendal Group is acquiring the Commonwealth Superannuation Corporation's stake in ESG house Regnan. Regnan specialises in ESG research, engagement and advisory services. It will continue to continue to offer its independent services under the brand ...