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Showing 961 - 970 of 3712 results for "Select"

Nasdaq proposes diversity rules

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
The major stock exchange has put into motion new rules that will require its companies to have at least one female and one person who identifies as either an underrepresented minority or LGBTQ+ on boards. Nasdaq has filed the proposal with the US Securities ...

Best super, pension fund revealed

JAMIE WILLIAMSON  |  THURSDAY, 3 DEC 2020
The best superannuation and pension funds have been named in the annual Money magazine Best of the Best Awards. In determining the awards, Rainmaker Information reviewed MySuper products, and asset classes that include growth, balanced, moderate (capital ...

New MDA offering launched

ELIZA BAVIN  |  WEDNESDAY, 2 DEC 2020
... and announced the appointment of an investment management coach. Lifestyle's MDA will launch a service pilot and invite a select group of advisers to offer the new MDA service to their clients. Through the MDA, clients can opt to give their financial ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...

Myer Foundation partners with Mercer

ELIZABETH MCARTHUR  |  MONDAY, 30 NOV 2020
The Myer Foundation will rapidly transition to 100% sustainable investments through a partnership with Mercer. Mercer was first commissioned in March this year to help implement a substantial portfolio restructure as part of the Myer Foundation's goal ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
ASIC has cancelled the AFSLs of two financial services providers, one from Victoria and the other from Western Australia. Victorian financial services provider Jels Financial Group has had its license cancelled by the regulator for failing to demonstrate ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... notifying about poor performances, trustees must alert members to the YourSuper comparison tool to help them compare and select a superannuation product that meets their needs. Treasury Laws Amendment (Measures 4 for consultation) Bill 2020: Single default ...

Nabtrade brokerage to support rural youth

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
Nabtrade has announced it will donate a day's brokerage to support an organisation supporting the community. Rural Aid will receive the donation this year. It was established in 2015 and provides holistic support to rural Australia and is one of the ...

EQT wins endowment mandate

ANNABELLE DICKSON  |  WEDNESDAY, 25 NOV 2020
Equity Trustees has won a mandate to manage half the investment portfolio of an endowment fund that supports vulnerable children and families in Australia. The $18 million OzChild endowment fund is committed to improving the lives of at-risk children ...

Vanguard, Fidelity, BetaShares rank low on ESG: Report

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
... do not differentiate the funds from their broader universes as much as peers that explicitly integrate ESG criteria to select companies with positive ESG characteristics." And, Vanguard was pulled up for personnel turnover. Between late 2019 and early ...