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Showing 451 - 460 of 615 results for "profit"

Government proposes governance changes for super boards

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2015  |  NEWS
... outcome." In contrast, the Australian Institute of Superannuation Trustees (AIST) said the proposed changes for not-for-profit superannuation boards "are not supported by any hard evidence." "Not -for-profit super funds have outperformed year in, year ...

Citywide make two board appointments

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 JUN 2015  |  NEWS
... February 2015. Hardy has served on more than 25 boards across energy, services, technology, telecommunications and not-for-profit sectors. He has worked around the world, including more than 20 years with Shell. He is a director of the Melbourne Forum ...

Experts warn of trustees' climate change litigation risk

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUN 2015  |  NEWS
Legal and investment experts have been advising superannuation fund trustees that they have an obligation to include evaluation of climate change risk in their overall governance and investment processes. But there may be new urgency to the calls, influenced ...

VicSuper exploring developing climate change fund option

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUN 2015  |  NEWS
... said. "We are seeing more and more people in the industry talking about signing the pledge." VicSuper is a $15 billion profit to member superannuation fund with more than 242,000 members and 21,000 participating employers as of the end of March. See ...

NFPs must align investments with mission: Koda Capital

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAY 2015  |  NEWS
... role of cash investments in their endowment portfolios and align their investment strategy with the mission of the non-profit, according to Koda Capital. David Knowles, partner, head of philanthropy and social capital, Koda Capital In the past four years ...

VicSuper signs on to Natural Capital Declaration

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2015  |  NEWS
... frameworks and industry understanding aligns perfectly with our Corporate Responsibility Strategy VicSuper is an AU$15 billion profit-to-member superananution fund. Last year it became the first Australian superannuation fund to construct its annual ...

Community 21 issues shares after phase one capital raising

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2015  |  NEWS
... closed the first phase of its capital raising, after hitting minimum subscription level, and has issued shares to 21 not-for-profit investors. Peter Quarmby, Community 21 executive director Community 21 is the financial services company that jointly ...

Australian, NZ social enterprises top B Corp list

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 APR 2015  |  NEWS
... group of founding Australian B Corps," said Alicia Darvall, executive director of B Lab Australia and New Zealand, the non-profit behind B Corp. "We launched with 47 last year. They're extraoridanry and champions for the movement, which has a multiplier ...

AICD backs 30% women ASX200 directors target

RACHEL ALEMBAKIS  |  FRIDAY, 10 APR 2015  |  NEWS
... membership of over 35,000 that extends well beyond the top listed companies to small ASX entities, private business and not-for-profit organisations," he said. "However, we recognise that the four-year time frame to achieve the target for ASX200 boards ...

bankmecu to participate in GABV bank investment fund

RACHEL ALEMBAKIS  |  THURSDAY, 2 APR 2015  |  NEWS
... assets under management. Separately, bankmecu has also announced its half-year results, reporting unaudited year-to-dae net profit after tax of AU$13.23 million, as compared to AU$12.15 million in the first half of the 2013/2014 year. The bank also reported ...