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Showing 121 - 130 of 135 results for "Commonwealth Super"

Insider trading fears undermining investor confidence

... Steve Gibbs, spokesperson for the group who sponsored the research, who is also CEO of the Public Sector and Commonwealth Super Schemes (PSS/CSS), one of the sponsors of the research, said Australian companies still have a way to go when it comes to ...

News Ltd hits back as super funds bring legal action

Several Australian and US super funds are joining with other institutional investors to sue News Limited over allegedly "breaking an express promise" made during reincorporation negotiations last year. A group of international Institutional shareholders ...

CSS fraudsters appear in court

AAP  |  THURSDAY, 18 AUG 2005
Four men accused of conspiring to launder $150 million defrauded from a super fund for federal public servants have been granted bail in a Sydney court. It is alleged the funds were illegally transferred from the Commonwealth Superannuation Scheme on ...

Super funds call for better governance

A group of industry superannuation funds have called for better governance in managing conflicts of interest after research which revealed almost $6 billion of director-related business was conducted by Australian companies. "Members investing their ...

Public sector super giants drop member crediting rates

In a radical departure from industry practice, the two leading superannuation schemes covering Commonwealth public servants have announced they will no longer declare annual crediting rates to fund members. The Commonwealth Superannuation Scheme (CSS) ...

Super fraud thwarted

The Commonwealth Superannuation Scheme, with funds close to $5.5 billion, was unsuccessfully targeted with an attempted $150 million fraud, Channel Nine's Sunday program reported yesterday. JP Morgan Chase, the fund custodian, and the Australian Federal ...

Australian SRI efforts rewarded by UN

BT Financial Group (BT) and the Public Sector and Commonwealth Super Schemes (PSS/CSS) have jointly received a award recognising their activities in the field of sustainability and socially responsible investment. The Royal Award for Responsible Investment ...

Research prompts more funds to get tough on corporate governance

There is little link between executive remuneration and company performance, according to new research released by three leading Australian superannuation funds. Rather, remuneration is more strongly correlated with size and complexity of the company ...

PSS to convert to accumulation scheme

The Commonwealth government has moved to contain its unfunded superannuation liabilities, today announcing the Public Sector Superannuation Scheme (PSS) will be converted to a fully funded accumulation scheme. The changes will take effect from 1 July ...

Controversial Gunns timber company in healthy profits announcement

... Tasmania on plantations and other projects to grow the company." Given the recent concerns by Public Sector and Commonwealth Super (PSS/CSS) regarding the felling of old growth forests, Mr Gay said that the company had made a major commitment in this ...