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Showing 801 - 810 of 2856 results for "Initiative"

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
Praemium saw a sharp rise in the December quarter as a result of its acquisition of Powerwrap, showcasing the benefit of increased scale. The platform saw a 69% increase year-on-year in global funds under administration (FUA), lifting the business to ...

ASIC slams auditors

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
The corporate regulator has lambasted the major auditors for sloppy work, and poor governance and accountability practices. A sample of audits for the six months to June 2020 questions the quality and integrity of audit services. In aggregate, ASIC ...

Real AM considers listing new REIT

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
Real Asset Management (RAM) said it is considering listing an essential services REIT on the ASX next year after acquiring three regional hospitals for $100 million. The hospitals, previously owned by Canada's Northwest Healthcare Properties, include ...

Real estate investor chief retires

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
Cromwell Property Group has confirmed that its chief executive will retire after 22 years in the role. Paul Weightman has been chief executive of Cromwell since 1998. The board previously said succession planning had been a regular discussion point ...

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... a stark contrast. By 2030, HESTA is aiming to have women hold 40% of board positions, naming it the "40:40 Vision" initiative. "It is actually an investor-led initiative, across a large number of investors, where we seek to engage with ASX200 companies," ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
School banking programs are marketed as a force for good in the community, targeting vulnerable customers in young children who don't end up improving their financial management behaviour, ASIC's two-year review found. After engaging nearly ...

AIA to launch income protection product

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... product, AIA Australia and New Zealand chief executive and managing director Damien Mu said the insurer wanted to take initiative prior to the new product design obligations, which from October 2021, will affect retail income protection providers. IP ...

Godfrey Pembroke firm jumps ship

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
A second advice practice has left the MLC Wealth dealer group ahead of the merger with IOOF. Venture Financial Advisers has joined Count Financial as a member firm, following Ascent Private Wealth's transition to CountPlus from Godfrey Pembroke in November. ...

Design, distribution obligations guide released

KARREN VERGARA  |  FRIDAY, 11 DEC 2020
The regulatory guide on product design and distribution obligations for the financial services industry has been released. ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain appropriate financial products by ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
However it's measured, economic growth has rebounded in the Land of the Rising Sun from the depths of the huge contraction recorded in the June 2020 quarter. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% ...