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Showing 891 - 900 of 2575 results for "Treasury"

New boutique awards mandate to RBC I&TS

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2019
A new boutique fund manager has appointed RBC Investor & Treasury Services (RBC I&TS) as its new custodian. RBC I&TS will provide custody and fund administration services for Melior Investment Management, which launched its flagship Melior Australian ...

TCorp chair steps down

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
... Deverall said: "Phil's appointment to chair of TCorp was a milestone. Traditionally chairs of TCorp were secretaries of Treasury. His appointment was a change to that convention and this marked an important shift to the governance of TCorp." "During ...

APRA tighten reins on super fund acquisitions

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
... superannuation licensee is subject to rigorous regulatory scrutiny," she said. The approval process forms part of the newly passed Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Act 2019.

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... fees will no longer be charged under the 1 July 2019 changes. ASIC has amended Class Order 14/1252 to align with the Treasury Laws Amendment (Protecting Your Super Package) Act 2019 and Regulations (PYSP), part of which bans exit fees from July 1. "We ...

Associations raise member outcomes concern

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... Standard SPS 515 Strategic Planning and Member Outcomes, following a consultation period that ended on May 29. While Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No.1) Bill 2019 requires trustees to ...

New AFCA remit not enough: Law firm

KANIKA SOOD  |  MONDAY, 17 JUN 2019
A law firm has approached the Treasury with concerns the reforms made to the Australian Financial Complaints Authority after the Royal Commission are flawed and need urgent amendment. In February, the Federal Government expanded AFCA's remit to give ...

Fund manager exits global debt, chief resigns

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
... strategy or the team managing the portfolio, Equity Trustees added. It will continue to be managed by Phil Carden and Carden Treasury Corporation as sub-investment manager.

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... with respect to infrastructure. In a media release welcoming the appointment of Hume and her ministerial colleagues to Treasury portfolios, ISA chief executive Bernie Dean reminded the incoming team there were "significant opportunities for industry ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... prices have actually fallen by 0.2% in the year to April from a small 0.1% lift in the previous month. The drop in 10-year Treasury bond yield has again prompted the US yield curve to invert. We all know, and backed-up by history, what this means... ...

Bank appoints new chair

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... Bank Corporation) in Sydney, New York, London and Zurich. He was also the managing director of SBC Capital Markets & Treasury with direct responsibility for 16 countries. Outgoing chair Roger Davis leaves the board after 11 years. He joined the board ...