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Showing 881 - 890 of 2854 results for "Initiative"

AIST pushes for policy reform

ALLY SELBY  |  THURSDAY, 30 JUL 2020
The Australian Institute of Superannuation Trustees has pushed for greater regulatory reform, in a bid to scale up super fund investment in infrastructure, energy and housing. In a statement sent to state governments, relevant department heads and the ...

Macquarie fired 32 people in "consequence management"

ELIZABETH MCARTHUR  |  THURSDAY, 30 JUL 2020
During the Macquarie Group annual general meeting and results update chair Peter Warne touched on the bank's "consequence management", highlighting the consequences of inappropriate behaviour. He said that in financial year 2020, there were 164 matters ...

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Banks and insurers have been asked to retain at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions ...

Insurers COVID-19 response slammed

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JUL 2020
... of unemployment as a result of COVID-19," Mennen said. He said it doesn't make sense for insurers to have this initiative in place, with the understanding that employment will be impacted by COVID-19, but not extend it beyond the life of the JobKeeper ...

Lonsec adds to research team

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
Lonsec has appointed two senior investment analysts following the launch of its sustainability research which includes coverage of 11 funds. Ron Mehmet has joined the fixed income team, having previously been an investment specialist at Perpetual for ...

Boutique appoints chief operating officer

KANIKA SOOD  |  MONDAY, 27 JUL 2020
A Melbourne boutique has hired a new chief operating officer, who has previously worked in similar roles at Perennial and Prodigy. Lewis Bearman is joining Blue Orbit Asset Management in the newly-created role effective August 4. Bearman was most recently ...

AustralianSuper partners with greenhouse gas giants

ALLY SELBY  |  MONDAY, 27 JUL 2020
... Australia's largest superannuation fund has partnered with the country's major greenhouse gas emitters in a new initiative which will see them work towards a decarbonised future. AustralianSuper, joined by NAB and Schneider Electric, has partnered ...

Hume calls out ERS fake news

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
At the Financial Services Council Life Insurance Summit Senator Jane Hume has said "fake news" about consumers losing life insurance due to the early release of super has irritated her. Hume said consumers would not lose life insurance policies held ...

Australian Unity names chief executive

ALLY SELBY  |  MONDAY, 27 JUL 2020
Australian Unity has nabbed the Bank of New Zealand's head of private banking, wealth and insurance to lead its retail business, following the resignation of the incumbent. BNZ chief customer officer of private, wealth and insurance Christine Yates ...

Aware Super unaware of members with disabilities

KANIKA SOOD  |  MONDAY, 20 JUL 2020
... allows people with a hearing and/or speech impairment to conduct phone calls via a mediator. It is not a fund-specific initiative. "We strive to communicate in an inclusive way. We have a multi-channel approach to member communication and our members ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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