Payton Capital appoints chief risk officer
Payton Capital has picked up Qualitas chief risk officer Robert McLellan for the same role.
Franklin Templeton appoints director of institutional business
Franklin Templeton has appointed Thakshi Wijesundara as senior institutional business director.
ART launches Net Zero 2050 Roadmap
Industry super fund Australian Retirement Trust has launched its Net Zero 2050 Roadmap, outlining its commitments to achieving a net zero greenhouse gas emission investment portfolio by 2050.
UniSuper appoints BNP Paribas for collateral management
Industry super fund UniSuper has appointed BNP Paribas’ Securities Services to provide triparty collateral management services for its global trading activity.
Financial stress takes a toll: TAL research
A recent research study by life insurer TAL has highlighted the impact of financial stress on employees and the role of financial literacy in mitigating it.
State Street opens new headquarters, brand refresh
State Street Corporation has opened its new global headquarters building at One Congress Street, located in the Bullfinch Crossing area of downtown Boston, US.
Offshore expansion is a quantum leap for Aussie funds
As Australian super funds continue to grow and become too big for the Australian marketplace, the expansion of our offshore footprint is becoming a solid trend in the industry.
Active management shines again: Mercer
After a stretch of underperformance that questioned its worth, equity active management is delivering again, according to Mercer research.
Maple-Brown Abbott gets Future Fund small caps mandate
Maple-Brown Abbott has been chosen by the Future Fund to execute a new Australian active small caps mandate as they selectively pursue alpha-seeking strategies in their $65 billion listed equities program.
Federal Court fines NAB $2.1m for unjust banking fees
The Federal Court has ordered NAB to pay a $2.1 million penalty for wrongly charging customers periodic payment fees.
Four steps for super funds to meet the retirement challenge
To adopt best practice in retirement, super funds need to make it a top priority, resolve their organisational structure, implement strong executive-level leadership and consider the creation of a retirement committee.
APRA announces proposed updates to SPS 515
APRA is updating Prudential Standard SPS 515 Strategic Planning and Member Outcomes (SPS 515) to drive better outcomes for superannuation members in areas such as trustee expenditure of member funds, management of financial resources, and the transfer of members in and out of funds.
