INDEPENDENT DIRECTORS

Funds management

Century Australia Investments and WAM Leaders have entered into an agreement under which WAM leaders will acquire 100 per cent of Century’s shares....

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People & Products

Industry fund, First Super has appointed Aboriginal elder, Tim Chatfield as an independent director on its board, effective from 22 September....

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People & Products

Mine Wealth + Wellbeing has appointed an independent director to its board and a director to a subsidiary board....

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Funds management

The independent directors nominated to replace the current board of Hunter Hall Global Value Fund have outlined a new strategy....

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Superannuation

The Australian Prudential Regulation Authority has sent a clear message to industry funds that it will not be backing down on superannuation fund governance and better b...

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Superannuation

A new study suggests there is little empirical evidence to show super fund board independence leads to better investment performance, but it may lead to better perception...

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Superannuation

Legislation requiring superannuation fund boards to include one-third independent directors has received the backing of the Senate....

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Superannuation

Retirement plans of millions of Australians could be negatively impacted by proposed reforms of super fund governance, the ISA claims....

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Superannuation

Legislative changes calling for superannuation fund governance are “unwarranted”, the new shadow minister for financial services and superannuation, Dr Jim Chalmers, beli...

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Funds management

The AICD has backed legislation for independent directors to be appointed to super funds, but wants the definition to be consistent with other APRA-regulated entities....

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MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 months ago

Interesting. Would be good to know the details of the StrategyOne deal....

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 2 days ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 2 days ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

1 week ago